Bring Italian companies to the West Coast? The manual to transfer the company to the USA (despite Trump)
The Bonfiglioli Consulting Company Manual for the Italian Consulates of Los Angeles and San Francisco. The push to the opening of locations and systems and tax incentives for energy and technology. The California case
Let’s call it « America First », let’s call it explicit will of the President of the United States, Donald Trump, to report some productions in the States. Who has rediscovered a hard protectionism, for the 1930s, with the risk that he brings with him an economic depression and a maxi-inflation. Let’s also call it expression of interest, not even veiled, for a market of 300 million consumers. Wealthy, with spending capacity and consumer model that leads to have zero savings and often many debts. So, don’t worry. If we entered a new era, in which it is the commercial war that has been the masters, it is better to equip itself. Also imagining to open systems, representative locations, offices in the West Coastthe imaginative coast of the Pacific, home of Hollywood cinema and large casinos of Las Vegas, super-technological Seattle and iconic San Francisco. The Italians, you know, are creative and fast in change.
The manual for companies
That’s why Los Angeles has just been presented « Smart Country Guide », a Manual for Italian companies that want to invest in the western region of the United States.
An initiative born by the will of the two Italian consulates a Los Angeles and San Franciscoin collaboration with the Centro Studi of Octagona and with the Bonfiglioli consultancy firm. The guide focuses on eleven states – California, Nevada, Arizona, New Mexico, Washington State, Oregon, Utah, Montana, Idaho, Alaska and Hawaii – offering strategic insights and success cases of Italian companies that produce in the United States as well as an overview of the Banking system, of the US regulatory and tax framework.
The overview of the states and the Italian participation
California, for example, represents the first state by number of companies with Italian participation, cOn 220 companies active in the area that generate a total of 1.1 billion dollars. Follow the state of Washington, With 31 rated Italian companies and revenues that touch 80 million dollars, and the Nevada which, with only 26 Italian companies active in the area, reaches the primacy for the value of total revenues, equal to 2.2 billion dollars. From energy to technology, there are different industrial sectors in which an integrated local supply chain can be developed.
The pushing with oil and gas
In Alaska There are six of the 100 largest US oil deposits and one of the ten major gase reserves. The sector supports 50 thousand jobs and contributes for 19.4 billion dollars to state GDP. In Montana the oil refining sector has a value of 7.7 billion dollars in 2025. In New Mexico 13% of the US oil was produced and houses 6% of the gas reserves natural ascertained, confirming a strategic resource for national energy. In Hawaii islands Energy policies aim to reduce dependence on imported oil. The production of alternative energy from renewable sources recorded 18.9% growth compared to the national average, with investments in biomass, geothermal, hydroelectric and sunny.
The hi-tech and health supply chain
But it is undoubtedly the technology that we stop with the California world leader for university programs in computer science, generating over a quarter of the
national technological productivity. In Idaho there was an increase of 61% of high-tech companies in the last ten years. In Oregon, the technological sector uses over 102 thousand people with overall wages exceeding 13.5 billion dollars. Arizona stands for telecommunications
Satellite, production of semiconductors and electronic components, and production of products and aerospace parts. But also for precision medicine and neuroscienceencouraging the development of innovative drugs and health technologies.
The analysis
«At a first level, Trump’s action seems to damage all Italian companies directly, given the important value of our exports. However, it should be considered that, with the exclusion of the food sector, Over the past 30 years, many production sectors of the United States have lost their entirety of their supply chains, which are often compensated by Italian components and technologies. The US market will be faced with a high inflationary potential that, we expect, will open important negotiation margins precisely to ensure the continuity of the local production chains. The creation of technological partnerships, including corporate companies, with US organizations can constitute a strategic access door For Italian companies to the United States « , comments Alessandro Fichera, director of Bonfiglioli Consulting Business Unit International.
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