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The Metalworking Industry plays
a significant role in all industrial countries, in terms of the number of people it employs, its value and its contribution to international trade, as well as for its strategic role.
 
       
  The machinery and equipment produced for the market by the metalworking industry accounts for the totality of investment goods, which results in the wide-spreading of technological innovation to all industrial branches and to others sectors of the economy.    
       
  Industrial development and the success in maintaining a competitive level in the industrial field largely depend on the ability of the metalworking industry to grow and to implement a policy of continuous innovation. This is all the more so in countries like Italy, essentially transformers, which base their development on the ability to compete and export.    
       
 

The metalworking industry, with its production of machinery and equipment, provides 100% of the goods which are classified by the National Statistics Institute as fixed assets. The metalworking industry also contributes more than 2/3 of the goods which are classified as high-technology products, on the basis of research and development expenditure involved. Furthermore, over 20% of the total production of the metalworking industry can be classified as high-technology products.

   
       
  Overall, the products manufactured by the metalworking industry are 40% capital investment goods, 45% intermediate goods and 15% durable consumer goods.    
   
       
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