0 0 0 - .. ...) ▁All ▁the ▁shares ▁of ▁Bel oit ▁Italia ▁were ▁sold ▁to ▁the ▁N ugo ▁Group ▁and ▁the ▁company ▁was ▁renamed ▁PM T ▁Italia ▁S . p . A . ▁The ▁company , ▁still ▁producing ▁paper ▁mach in ery , ▁has ▁extended ▁its ▁activities ▁to ▁engineering ▁of ▁auxili ary ▁equipment ▁for ▁paper ▁machines ▁in ▁its ▁historic ▁facilities . ▁The ▁company ▁has ▁around ▁ 2 5 0 ▁employees ▁in ▁its ▁P iner olo ▁site . ▁ ▁Business ▁areas ▁ ▁PM T ▁Italia ▁S . p . A . ▁PM T ▁Italia ▁is ▁based ▁in ▁P iner olo ▁( TO ), ▁in ▁ 6 5 . 0 0 0 ▁m 2 ▁facilities ▁where ▁the ▁company ▁designs ▁paper ▁machines ▁and ▁components ▁for ▁the ▁world wide ▁paper ▁industry . ▁Since ▁the ▁N ugo ▁Group ▁has ▁bought ▁it ▁up , ▁PM T ▁Italia ▁has ▁en larg ed ▁its ▁activities ▁through ▁the ▁creation ▁of ▁subs idi aries . ▁ ▁PM T ▁Indust ries ▁Ltd ▁PM T ▁Indust ries ▁Ltd ▁is ▁the ▁first ▁subs idi ary ▁created ▁by ▁PM T ▁Italia . ▁The ▁company ▁has ▁been ▁bought ▁from ▁the ▁former ▁Sand us ky ▁Wal ms ley ▁in ▁ 2 0 0 6 . ▁The ▁production ▁site ▁is ▁located ▁in ▁Bol ton , ▁United ▁Kingdom . ▁ ▁This ▁satellite ▁manufact ures ▁Yan kee ▁dry ers , ▁M G ▁cyl ind ers ▁and ▁cast ings ▁in ▁its ▁ 1 7 . 0 0 0 ▁m 2 ▁plant . ▁The ▁factory ▁is ▁equ ipped ▁with ▁one ▁of ▁the ▁largest