Exports power Italy’s mold and machinery industry in 2011


"Full speed ahead", that's how the Italian plastics machinery manufacturing association, Assocomaplast, described the year that was for its 170 members, manufacturers of machinery, moulds and equipment for plastics and rubber. The report noted that at time of political and economic tumult in Italy, it was exports that sustained the domestic plastics and rubber processing machinery industry.

Production, exports, and the country's trade balance all enjoyed double digit gains, rising 11.1%, 19.3%, and 24.6%, respectively, in 2011 over 2010. Imports (up 5.9%) and domestic demand (up 2.1%) both rose, albeit at much lower rates....
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