PMT Italia, whose name means Paper Machinery Technology, supports the paper industry by means of mechanical engineering, automation engineering, on site services and manufacturing of machines for all grades of paper. The company was created in 2000 from the purchase of Beloit Italia, the Italian subsidiary of Beloit Corporation. Its headquarters are in Pinerolo (TO), Italy. PMT Italia is one of the leading industrial company of the city with Corcos and Euroball.Pinerolo#Economy.