Also together with Federmacchine, the "Wise Equity II Fund ? Machine Fund" was created: a "private equity" instrument for acquiring development resources.
With the collaboration of territorial institutions, in Lomellina it was possible to renew the social shock-absorbers.
The "Product and Process Technological Innovation" project was born, which was financed by the Lombardy Region, the Ministry of Labor and the European Social Fund in the framework of the European D4 Social Fund Device.
ASSOMAC's activities includes organising the world's two most prestigious technological events: SIMAC and TANNING –TECH; the promotion of training courses; the carrying out of feasibility studies for restructuring or creating new manufacturing sites; the producing of publications (training booklets, marketable goods repertories).
The companies that belong to ASSOMAC are world leaders and supply over 50% of the world demand for shoe and leathergoods machines, and over 80% of the demand for tannery machines. In the year 2003, 126 countries acquired Italian technology; the overall volume of business – 60% of which was export business - amounted to almost 700 million euro.
National Association of Italian Manufacturers of Footwear, Leathergoods & Tannery Machines