Ernst & Young honours Amilcare Merlo

23 November 2012

Amilcare Merlo receives the award of Entrepreneur of the Year in the Industrial Products category C

Last night Palazzo Mezzanotte in Milan, the home of the Borsa Italiana, was the venue for the ceremony for the sixteenth edition of the Ernst & Young Entrepreneur of the Year award.

This important award, now in its sixteenth edition, was created to publicly honour the best Italian entrepreneurs who are still working in Italy, looking at creativity, initiative, innovation and attentiveness to business.

This year the award in the category Industrial Products went to Amilcare Merlo, founder and president of the Merlo Group. This prestigious prize rewards the company decisions that as always have focused on excellence and innovative technology applied to machinery.

The Jury, chaired this year by Emma Marcegaglia and composed of important representatives of the business and academic sectors, honoured Merlo “for having put an international expansion plan in place that has led Merlo to become a strong presence on European and non-European markets thanks to innovative commercial policies, modernisation of the production plant and a continual development of the technology of its products”.

The panel evaluation raises a material point and brings with it a key message, especially at this particular moment in time: it is possible to develop a model of an international company (the international expansion cited in the explanation resulted in Merlo exporting over 90% of its production) while keeping ones roots and therefore continuing to invest in Italy (Merlo made a clear-cut decision to concentrate production in Italy, with relative investments in modernising machinery and technologies, engineering, with investments in research, and all the company's strategic functions).

The fruits of this policy are the commercial results and the new products, the Turbofarmer P50.8 and the Multifarmer 40.9, which have just been presented to huge acclaim at the EIMA in Bologna.

These are products whose excellence has been confirmed by the winning of the EIMA technical innovation prize 2012 for two innovations, the M CDC (a system for providing maximum operating safety by preventing the longitudinal tipping over of the vehicle) and the M CVTronic (the Merlo original interpretation of the constantly variable transfer).

An industrial concern, then, which has asserted itself as a global player thanks to the courage to continually invest, while at the same time keeping its heart and mind firmly in Italy.

<h1>Merlo</h1> is a prominent, dynamic, state-of-the-art industrial company, with exclusively private capital for the production of high technology machines. It is an established entrepreneurial Group which can claim a front row position on all the world markets and is the international point of <h2>Telehandlers</h2> <strong>Merlo Group</strong> is composed of companies created to complete an ambitious project: create products designed and constructed entirely in Italy. A challenge achieved. Because Merlo is not an "assembler" but an extremely vertical industrial company that designs, develops and produces in house <em>Telescopic tractor</em>. This makes it possible to always find the best solution for the requirements of the <h6>Self-Loading concrete mixers</h6> , achieving products designed and created entirely in Italy. Merlo's success in the world stems from its capacity to know <strong>Rotating telehandler</strong> to anticipate the needs of the markets and every machine produced proves the company's commitment to offering their <h3>Telehandler </h3> the best technology available today, with the guarantee of fifty years of experience in research and innovation. It is precisely thanks to the research, the innovation and the continuous development of <h4>Telehandler Agriculture</h4> &nbsp;that the Merlo Company wants to further strengthen its leadership in advanced technologies and quality. The <u>Merlo Group</u>, founded in 1964, has over 1,200 employees and the covered area of the Cuneo plants is around 220,000 square metres. Over 90% of production is exported all over the world through a commercial network divided into 7 subsidiaries and over 600 dealers. The Merlo Group is the market leader in <h3>telehandlers</h3> &nbsp;with <strong>Machines for agriculture</strong> and in telehandlers with hydrostatic transmission.