mont ese ▁entrepr ene ur ▁Francesco ▁P oc card i ▁set ▁up ▁a ▁local ▁found ry ▁in ▁P iner olo , ▁next ▁to ▁the ▁railway ▁connecting ▁P iner olo ▁and ▁Tur in . ▁A ▁few ▁years ▁later , ▁the ▁company ▁expanded ▁its ▁activity ▁by ▁creating ▁a ▁new ▁factory ▁for ▁producing ▁and ▁ref urb ishing ▁railway ▁vehicles ▁under ▁the ▁name ▁ ▁of ▁Offic ine ▁Me cc an iche ▁P iner oles i . ▁ ▁In ▁ 1 9 3 8 , ▁the ▁local ▁found ry ▁and ▁the ▁new ▁factory ▁were ▁cons olid ated ▁into ▁a ▁new ▁company : ▁the ▁Offic ine ▁Me cc an iche ▁P oc card i ▁P iner olo . ▁The ▁new ▁company ▁started ▁to ▁supply ▁the ▁paper ▁mach in ery ▁field . ▁ ▁To ▁Bel oit ▁Italia ▁( 1 9 5 7 - 2 0 0 0 ) ▁ ▁The ▁American ▁paper ▁machines ▁producer , ▁Bel oit ▁Corporation ▁bought ▁up ▁the ▁company ▁in ▁September ▁ 1 9 5 7 . ▁The ▁company ▁was ▁renamed ▁Bel oit ▁Italia ▁and ▁started ▁to ▁supply ▁machines ▁and ▁equipment ▁to ▁the ▁world wide ▁pul p ▁and ▁paper ▁industry . ▁ ▁From ▁ 1 9 5 7 ▁to ▁ 2 0 0 0 , ▁ 8 5 % ▁of ▁the ▁production ▁was ▁export ed ▁to ▁paper ▁mill s ▁all ▁over ▁the ▁world . ▁ ▁After ▁ 4 3 ▁years ▁of ▁co operation , ▁Bel oit ▁Italia ▁was ▁bought ▁up ▁when ▁Bel oit ▁Corporation ▁col lapsed ▁into ▁bank rupt cy . ▁ ▁PM T ▁Italia ▁( 2