Valpres S.r.l., part of Bonomi Group, is investing in a new machining center with vise, a welding system and a sandblasting system to expand capacity and improve processes for standard and custom industrial valves. The investment is co-funded by the Lombardy regional programme under the European Regional Development Fund.
Baker Hughes announced at Gastech in Milan a plan to invest about 300 million euros in existing Italian facilities over five years, adding jobs in production and engineering and expanding turbine and compressor capacity.
Baker Hughes plans to invest 300 million euros in its Italian manufacturing sites over five years, creating about 300 specialized jobs to expand turbine, compressor and pump production.
Puglia regional government approved Nuovo Pignone srl to present a definitive project for an investment of about €19.26 million at its Bari plant, with a regional grant of €6.74 million and four new jobs.
Ondulati Nordest, a corrugated sheet feeder near Venice, is investing EUR 20 million to add a second corrugator line from Fosber, after its existing Agnati line reached capacity.
The Tuscany regional government and Italy's Ministry of Economic Development signed a EUR 65 million addendum funding Baker Hughes' Galileo R&D program, including a new axial compressor platform for NovaLT gas turbines and digital solutions, carried out through Nuovo Pignone in Tuscany. The signing took place on January 29, 2018 in Florence.