USA investors in Emilia-Romagna
United States are one of the main areas of origin of foreign investors in Emilia-Romagna. There are about 220 companies in the region that have a global reference shareholder (Global Ultimate Owner) based in the USA, with an aggregate turnover of almost 6 billion euros and 15 thousand employees (source: Aida Bureau Van Dijk, data referring to 2022 balance-sheets).
The following investors control companies with aggregate turnover greater than 10 million euros annually in the region:
Philip Morris International, Mohawk Industries, Hanesbrands, Sherwin Williams, Caterpillar, Titan International, Celanese Corporation, Baxter International, Dana, Snap-On, Crown Holdings, Ingersoll Rand, Manitex International, Nordson Corp, Marc Smith Herzstein, Bolzoni Auramo, L3harris Technologies, Terex Corp, Dover Corporation, Ppg Industries, Borgwarner, Regal Rexnord Corporation, Mr Ronald O Perelman, John Bean Technologies Corp, Agco Corp, Rice Lake Weighing Systems, Middleby Corp, Cabot Corp, The Sokoloff Family Trust, Corteva, Kemin Industries, Matthews International Corp, Haas Formula, Air Logic Power Systems, Archer Daniels Midland Company, Boyd Laconia (source: Aida) plus Amazon, Medtronic
Key facts
Key sectors
Top sub-sectors
International agreements/programs
A selection of initiatives of collaboration between Emilia-Romagna and USA
California e Silicon Valley
- 14 June 2019 - Declaration “Regions for global sustainable development”
- 17 May 2024 - Agreement for the exchange of knowledge, experiences and best practices in the fields of mitigation and adaptation to climate change.
- Business Match - Program to connect companies with Corporate Investors and potential partners/buyers in Silicon Valley
New York
- Agreement with the Italian Scientists & Scholars In North America Foundation in the USA ISSNAF (https://www.issnaf.org/)
Pennsylvania
- June 2022 - Pact for innovation that opens up opportunities in the sectors: life sciences and pharmaceuticals, advanced manufacturing, agri-food
- Bridging Innovation Program – Gene&Cell Therapy – Pennsylvania 2022, promoted by the Emilia-Romagna Region and ART-ER, dedicated to businesses, startups and regional research laboratories participating in ClustER Health
Houston
- March 2023 - Collaboration with Axiom to strengthen opportunities of collaboration in the sectors of the space economy and life sciences
Boston
- 2021 - Bridging Innovation Program - Digital Health
Links
News
Emilia-Romagna attended Italy-US Tech Business and Investment Matching Initiative
The event took place in Washington D.C. on October 25 and was part of a wider national mission aimed at strengthening the relationships among clusters, ecosystems and investors.
Philip Morris and Toyota grow and expand in the region
3/11/2021 - Two important foreign investors in Emilia-Romagna are finding here the right conditions to grow and expand.
Medtronic, from 400 to 560 employees in 4 years
Medtronic, US multinational leader in medical technologies, invested heavily in two companies of its group that are part of the regional biomedical district of Mirandola (Modena): Bellco and Mallinckrodt.
Industry 4.0: new Philip Morris Institute for Manufacturing Competences (IMC)
In Bologna the new high training center on skills for the industry of the future to be completed by this summer. The center will be built next to the Philip Morris Manufacturing & Technology Bologna production plant in Crespellano (Bologna) and will respect the most advanced environmental sustainability standards.
