Alexandria has announced that it is to close down after 70 years in business. The Italian footwear maker, based in Alessandria, in Piedmont, said the decision has been caused by the difficulties caused by the long economic downturn. It was the last remaining large-scale shoe manufacturer in the province of Alessandria. The company produced around 1,000 pairs per day at its 9,000 square-meter factory. Alexandria was founded in 1945 by Sebastiano Camagna. His son, Elio, at one point became the president of ANCI, the former name of Italian footwear industry association Assocalzaturifici, and vice-president of the European Confederation of Footwear Producers. Sebastiano's children, Paolo and Marina, are still in charge today.