Officine Maccaferri acquires CPTGroup

Industry News

Ambienta SGR S.p.A. announced that its platform company Officine Maccaferri S.p.A has acquired CPT Group an Italian company specialized in advanced mechanized tunnelling technologies and robotic prefabrication systems for underground infrastructure. Photo courtesy of Officine Maccaferri/CPT Group. Founded over 30 years ago and based in Nova Milanese (Italy), CPT serves major global contractors in the …

President Trump announces several tariff rate modifications

Industry News

U.S. President Donald Trump has announced several modifications to tariff rates for various countries and imported products.   The president has increased the tariff on Canadian imports from 25% to 35%, effective Aug. 1. Mexican goods will continue to be taxed at 25% after President Trump spoke with Mexican President Claudia Sheinbaum and agreed not …