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News Release from: UCIMU
Edited by the Manufacturingtalk Editorial
Team on 20 September 2004
Italian machine tool exports to USA
increase
More than eighty Italian companies were present at IMTS machine tool exhibition, as the USA consumption of Italian machine tools in 2003 has grown by 30.8% compared with 2002.
More than eighty Italian companies were present at IMTS, the most important American production equipment show, in Chicago from September 8th to 15th To honour the presence of Italian manufacturers, UCIMU-Sistemi per Produrre, the Italian machine tool, robotics and automation machinery manufacturers association, partnered with ICE (Italian Institute for Foreign Trade) to organize a meeting for the sector professionals at IMTS to promote Italian-made products
This article was originally published on Manufacturingtalk on 30 Mar 2005 at 8.00am (UK)
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Now in its fourth edition, the Italian Machine Tool Dinner was held on Wednesday, September 8th in the splendid scenery of the Museum of Contemporary Art of Chicago, packed with 150 honoured guests, including sector professionals, US import agents, local officials, representatives of the institutions and journalists representing the main trade journals.
The Consul General of Italy in Chicago, Eugenio Sgr, also attended.
Alberto Tacchella gave the welcoming address in his first international event as president of UCIMU-Sistemi per Produrre.
He highlighted the value of Italian quality in the sector.
"An industry," proclaimed Tacchella, "made up of small- to medium-sized companies that can successfully compete on the international market and stand up to much larger foreign competition, thanks to flexibility, problem-solving and a tradition of service." "Key concepts," continued Tacchella, "that hold the secret to the gradual rise of the Italian machine tool industry in the US, which today represents the third largest market for our products.
Italian products have gained a reputation on this market, in terms of market shares acquired and the value of exports, which have grown exponentially, and Italian manufacturers are present with a sales and post-sales service organization." According to the 2003 closing figures, exports of Italian machine tools to the American market have resumed growth, posting a 30.8% rise with respect to the value posted a year earlier.
In 2003, Italian manufacturers have exported to the American market machine tools for nearly EUR 164 million, a value of 9.4% of total Italian industry exports.
President Tacchella's speech was followed by glowing commentaries by American clients and experts in the sector on the technological excellence of Italian products.
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