The Italian Trade Commission Chicago

Bart PascoliProject Coordinator Machines Italia

N.A.

Italy in Figures

• Italy is the size of the State of Arizona;• Italy has 60.6 million inhabitants compared to other U.S.

trading partners such as Germany (81.8 million) and Japan (128 million);

• Italy is a Top Five exporter of capital goods to the U.S.;• Italy is a Top 10 exporter to the world (more than the

United Kingdom). In 2011, it exported $$524.9 billion.• With even a smaller population, comparatively speaking

in terms of scale, it’s production to population ratio could be viewed as EVEN MORE than mainland China (1.3 billion or 1/5 of the world’s population)!

What is the Italian Trade Commission?• The Italian Trade Commission, is the official trade development and promotional

agency of the Italian Government. It is headquartered in Rome and maintains a network of 117 branch offices in more than 87 countries throughout the world.

• Founded in 1926, the Italian Institute for Foreign Trade, or Italian Trade Commission as it became known in English speaking countries, has the general mandate to promote, assist and develop Italy's international trade, with particular regard to small and medium enterprises.

The Trade Commission's most important institutional functions are:

– the continuous study of international markets and challenges related to the internationalization of Italian enterprises;

– providing assistance to Italian companies in entering international markets; – the promotion of Italian products abroad and development of economic

cooperation; – providing for professional training in international trade for Italians and foreigners.

In the United States, the Italian Trade Commission presently maintains offices in New York, Los Angeles, Chicago, Atlanta and Miami.

On the web at www.italtrade.com/usa

Made in Italy Business Directory

ITC Chicago• Geographic territory:

Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin

Responsible for the following products:• Automobiles, Parts & Accessories

Automotive Service Station and Repair EquipmentBooks and PublishingCatering Equipment Inc Institutional Kitchens & Industrial RefrigerationCeramic Industry Equipment Circuit Board MachineryElectrical Generators and TurbinesFood Processing Equipment (except Winemaking Equipment)Hardware and ToolsIndustrial Cleaning EquipmentIndustrial OvensIndustrial Painting EquipmentIndustrial Parts Washers and Cleaning Systems Industrial SubcontractingLeatherworking and Shoemaking Equipment Materials Handling and Warehousing EquipmentMetals - Rolls, Bars & Semi Finished Products and equipmentMetalworking Machine Tools and RoboticsMotors, Transmissions & GearsPackaging EquipmentPackaging ProductsPapermaking EquipmentPlastics and Rubber Manufacturing EquipmentPrinting & Graphic Arts MachineryProcess ControlsProfessional Dry-cleaning and Laundry EquipmentVending MachinesWelding EquipmentWire and Cable Working MachineryWork Safety Equipment (including Safety Apparel)

Italian Technology Awards

ITC Capital Goods Site

We are onFacebookTwitterYouTube& LinkedIn

Flow of Good Between Italy and IllinoisFlow of Good Between Italy and Illinois

2010 2011 Var%

Imports from Italy 1,797 2,058 14.52%Exports to Italy 383 534 39.43%

Difference -1414 -1524

2010 2011 Var%

Imports from Italy 1,797 2,058 14.52%Exports to Italy 383 534 39.43%

Difference -1414 -1524

Data: U.S. Customs District of ChicagoAnalysis: Italian Trade Commission Chicago

Illinois Exports to Italy

Italy Exports to Illinois

Source: US Department of Commerce (In millions of USD)

Italy’s Commitment To The USItaly’s Commitment To The US

5% Annual 2005-20105% Annual 2005-2010

115,000115,000

$9.7 Billion$9.7 Billion

Direct InvestmentDirect Investment

GeneralEmployment

GeneralEmployment

FDI GrowthFDI Growth

Source: Bureau of Economic Analysis 2010

Where to look for Italian Companies in the US

Italian Companies Which Call Illinois Home US Subsidiary Sector

Italian Head Company

City

Barilla America, Inc. Food Products Barilla SpA Bannockburn

Case New Holland Farm Machinery Case New Holland (Fiat) Burr Ridge

PTD Machine Tools Dormer Tools SpA Crystal LakeBuzzi Unicem USA Construction Materials Buzzi Unicem SpA Oglesby

Finn-Power International Machine Tools Prima Industrie Arlington HeightsIMTA & Ingersoll Machine Tools Camozzi Group Rockford

Mapei InternationalBuilding Chemical

Products Mapei SpA West Chicago

Carlo Gavazzi, Inc. Industrial Automation Carlo Gavazzi SpA Buffalo GroveRana USA Food Products Pastificio Rana Bartlett

SMW Autoblock Corp.. Machine Tools Autoblock SpA WheelingAnsaldo STS USA Engineering Services Ansaldo STS SpA Glenview

S.A. Healy Company Construction Impregilo LombardCasappa Corp. Fluid Power Casappa SpA Batavia

Tamini Transformers USAElectronics / Transformers Tamini Trasformatori Oak Brook

CCVI Bearing Co. Bearings CCVI Italy MundeleinNUM Corp. CNC Electronics NUM Spa Naperville

Bolzoni Auramo, Inc. Lift Truck Attachments Bolzoni SpA Homewood

Upcoming Opportunities• EMO Milano 2015, Milan Italy, is held every six years and is the largest trade show

for core machinery. Currently the home page has 2009 data on the previous edition, which can be found here:

• http://www.emo-milano.com/eng/home.cfm?id=340

• TPA ITALIA, a professional exhibition dedicated to hydraulics, pneumatics and mechanical power transmissions and drive technology, will make its debut in May 2014 at fieramilano (Rho).

• Other and upcoming trade shows and events can be found at the trade show venue, Fiera Milano via its web site:

• http://www.fieramilano.it/en

• Active participation at the 2015 World Expo in Milan will provide numerous opportunities to foreign investors and companies, looking to gain exposure within the Italian market. More information can be found at http://en.expo2015.org/.

Inward Investment Opportunities

• The city of Milan has its “Invest in Milan” program providing information and opportunities for foreign companies looking to enter the local market. Invest in Milan is a free service of the Milan Chamber of Commerce – Promos responsible for attracting foreign direct investments to Milan and Lombardy. Invest in Milan also promotes an increase in business tourism and helps attract excellent human resources through high-level international scientific and cultural projects. Their web site is:

• http://www.investinmilan.com/

• The Milan Chamber of Commerce as well as a section in English on how to start or open a business in the local market. Information can be found on these matters at:

• http://www.mi.camcom.it/web/guest/how-to-start-a-business

WWW.INVITALIA.IT

The national government’s program, Invitalia, via its web site keeps a constant list of upcoming industries for opportunities for foreign companies

and investors looking to enter into the Italian marketplace.

Active participation at the 2015 World Expo in Milan will provide numerous opportunities to foreign investors and companies, looking to gain exposure within the Italian market. More

information can be found at

http://en.expo2015.org

Arrivederci