The order strengthens the order backlog, which has risen to €263 million.
GOVERNANCE: GROUP'S CORPORATE BODIES RENEWED FOR THE NEXT THREE-YEAR PERIOD
The supply concerns 94 large diameter valves that will be manufactured in the Rivanazzano Terme plant and that will be used for a new 840 km infrastructure that will connect Texas to New Mexico and Arizona.
President Salvatore Ruggeri: "This award confirms our ability to participate in major international energy infrastructure programs and leverages the industrial know-how developed in Italy."
Executive Vice President Massimiliano Ruggeri: "The Americas are an increasingly central market for the Group and offer interesting prospects for further growth in the medium to long term."
The Valvitalia Group announces that it has been awarded a new contract valued at approximately $30 million for the supply of valves for the Desert Southwest project, one of the most significant energy infrastructure projects currently under development in the Southwest United States.
The order concerns the production of 94 48-inch valves, which will be entirely designed and manufactured at the Rivanazzano Terme (PV) industrial site, confirming the central role of Made in Italy and the Group's technological expertise in the creation of highly complex solutions for major international energy projects. Delivery of the supply is scheduled for 2027.
The order acquisition contributes to the growth of the Group's order book, which has risen to approximately €263 million, and further strengthens Valvitalia's positioning in the Americas, currently the Group's primary destination market. Overall, orders from North and South America account for over 37% of total bookings, confirming the continent's strategic importance for business development.
To support its commitment in the region, the Group can also count on the presence of Valvitalia USA staff in Houston, Texas. Led by Massimiliano Ruggeri, the organization ensures stable coverage of the American market and supports Valvitalia's development efforts in a region of primary global importance.
Salvatore Ruggeri , President of Valvitalia, commented: "Winning this important contract confirms the trust our clients place in the expertise, reliability, and quality of the solutions we design and implement. Participating in a strategic infrastructure project like Desert Southwest means making a concrete contribution to the energy development of a rapidly growing area and, at the same time, confirms our ability to successfully participate in major international infrastructure programs. This result enhances the wealth of expertise we have built over the years and the crucial contribution of our people. The quality of our order backlog allows us to look confidently to future growth prospects and confirms the validity of our path, supported by an increasingly qualified presence in energy markets with the greatest potential."
Massimiliano Ruggeri , Executive Vice President of Valvitalia, stated: "This award is an important recognition of the work we've done over the years to consolidate our presence in the Americas and strengthen relationships with leading energy sector operators. The US continues to be a key market for Valvitalia and offers exciting development opportunities, supported by significant investments in energy infrastructure. At the same time, we are continuing our growth in South America, where we see favorable prospects for business expansion. The quality of the opportunities and ongoing dialogue with leading clients allow us to confidently look forward to the evolution of our presence in the region."
Desert Southwest
The US infrastructure, estimated at $5.6 billion, will extend for approximately 840 kilometers, connecting the Permian Basin, one of North America's most important hydrocarbon fields located between West Texas and New Mexico, to end-use markets in the southwestern United States, particularly Arizona and New Mexico. The pipeline's construction will meet the region's growing energy demand, supporting population growth and regional economic development.
Dedicated Gas Pipeline
Furthermore, among the most recent and significant opportunities in South America, there is the supply of valves for the Gasoducto Dedicado project in Argentina, a 480-kilometer gas pipeline under construction in the Province of Neuquén.
The leadership of the group has been confirmed for the next three years.
Valvitalia's Shareholders' Meeting and Board of Directors also renewed the Group's governing bodies for the three-year period 2026-2028, confirming the continuity of the governance that has accompanied the development and growth path of recent years.
Salvatore Ruggeri was confirmed as President, Massimiliano Ruggeri as Executive Vice President, and Andrea Forzi as Chief Executive Officer.
The new Board of Directors also includes Manuela Carra, Angela Colmellere, Paolo Rinaldi, and Manuela Sabbatini. Franco Gianni and Andrea Alghisi will also participate in the Board of Directors' meetings as observers.
At the same time, the new Board of Statutory Auditors was appointed, composed of Micol Marisa as President, Annalisa Zanini and Giuseppe Galeano as effective Auditors.
The renewal of these positions ensures strategic and managerial continuity for the Group at a time marked by a growing international presence and significant development opportunities in its key markets.
Ucimu: orders index for the second quarter of 2026 still down (-25.8%); foreign orders (-15.3%); dom
Riccardo Rosa, president of UCIMU: "We'll have to wait until the next few months to see the full effects of the hyper-depreciation, but we're very confident this measure will last until September 2028." In the second quarter of 2026, the machine tool orders index compiled by the UCIMU-SISTEMI PER PRODURRE Study & Business Culture Centre recorded a decline of -25.8% compared to the April-June 2025 period . In absolute value, the index stood at 47.8 (base 100 in 2021). The result expresses the difficulties that Italian machine tool manufacturers have encountered both on the domestic and foreign markets. In particular, orders collected from abroad decreased by -15.3% compared to the second quarter of 2025, for an absolute value of 63.2. Order intake in Italy also declined , falling 38.7% compared to the same period of the previous year. The absolute value of the index stood at 33.1. Riccardo Rosa, president of UCIMU-SISTEMI PER PRODURRE, stated: “The uncertainty of the geopolitical context—shaken by wars, the Hormuz crisis, and the decidedly worrying attitude of the President of the United States toward international politics—has profoundly undermined the already precarious balance in which the industry found itself operating.” "The decline in international deliveries, given the current situation, is understandable, and we expected it. Business has slowed, but, as is our custom, we've tried to focus our offerings on those areas less directly affected by conflicts and critical issues, diversifying our product offerings wherever possible." "It is certain ," continued President Riccardo Rosa , " that the investment figures and values once ensured by the automotive industry cannot be replaced by the demand expressed by other sectors, however dynamic, such as defense, aerospace, and energy. For this reason, once again, we ask our representatives in Europe to reconsider their decision and adopt the principle of technological neutrality when defining automotive development plans. This approach would allow the industry, and its entire supply chain, to properly manage the ongoing transition, not only respecting the environment but also safeguarding, where possible, employment." Domestically, businesses awaited clarifications on the hyper-depreciation program to confirm their purchasing intentions. Since June 12th, the day all the operational steps were completed, the hyper-depreciation program has been bearing fruit. We immediately noticed a change in attitude among Italian users: orders are starting to arrive. "We'll have to wait a few more months, however, for the effect to be fully reflected in our data, but we're definitely confident. This is also because, in the meantime, we have data from the Ministry of Business and Made in Italy, which, as of July 9th, reported the submission of 7,000 communications on the GSE platform, worth €2.5 billion." MIMIT deserves great credit for having established a multi-year term for this incentive. Its effectiveness until September 2028 should ensure thoughtful planning of investments in new machine tools and production technologies by Italian customers, also allowing us manufacturers to plan our production activities over the medium term. "The hope ," concluded Riccardo Rosa , " is to soon see the Italian market return to the levels it experienced in 2021-2022, when it was worth over €6 billion. This is also because our manufacturing industry needs to innovate to remain competitive in an international context where digital and AI are completely reshaping the rules of the game."
Industriale.it certification