by Robert Brooks
The Italian machine tool industry, one of the largest in the world, finished 2015 with "double-figure increases" in production volume, total sales, and exports, according to the year-end summary issued by UCIMU-Sistemi per Produrre. The trade group also predicted continued strong results for 2016 are expected.
UCIMU is a confederation of designers and manufacturers of machine tools as well as automation products. While Italian and other machine tool manufacturers in the region have struggled for several years to maintain steady growth, 2015 has seen some stability in industrial demand.
Source: http://americanmachinist.com/