Northern Italy has been a promising industrial location since the early 20th century at the latest. There is an “industrial triangle”, known for its strong textile, steel and chemicals sectors, formed by Genoa, Milan and Turin. Southern Italy meanwhile gradually developed into a producer of consumer goods, especially household goods of innovative design (coffee machines, washing machines, etc.).
The food industry and metal industry occupy a central role in Italy today too. Machinery alone accounts for 15 percent of Italy’s industrial gross value added.