IBS North America
International Business Strategy

The New Hampshire has been - in 1776 - the first of American States to declare its independence from the English motherland and the first to adopt an autonomous constitution.

The state provides good level of infrastructure thanks to a well-developed road and motorway network of over 25,000 km and the availability of 4 airports.

The capital - Concord - is a small town of just 42,000 inhabitants and also the other two main cities of the state are small, Manchester and Nashua with respectively 110,000 and 86,000 inhabitants, but residents are considered quite lucky because - looking at the indicators - the quality of life in New Hampshire is great: the average per capita income of over 60 thousand dollars a year, unemployment is below the national average (standing at 4.9%) and, more generally, the environment is favorable to do business.

The tax system can be considered the flagship of the State as there is no consumption tax, income (dividends and interest rates are taxed at 5%), capital gains, machinery and equipment industrial, no tax on real estate as well as any registration fee can not be detected. Clearly this situation is offset, at least partially, from local taxes even if the New Hampshire remains one of the states with the lightest taxation within the Union.

Source: Exportiamo.it

The Summer Fancy Food, now in its 61st edition, is the most important international trade fair in the food sector by aggregating under the same roof the main producers of food specialties and international buyers from all over the world. There will be around 25,000 buyers and 2,500 exhibitors.

The summer edition will be held as usual in New York City, at the renovated Jacob Javits Center, on 26th June to 28th and will be an opportunity to showcase the best of Made in Italy products.

IBS North America LLC, a strategic consulting firm for the internationalization of companies in the American market, and IBS Trading INC, import food companies, will be the promoter for Italian companies of the Italian agri-food chain, representing, at the own private booth on the 1 floor of the convention center, some of the Italian excellences.

The IBS Group with its holding, also provides companies, convenient services to facilitate and maximize the experience of the Summer Fancy Food Show. The services offered, through direct presence on US territory, are concentrated in assistance for FDA authorization (Food and Drug Administration), advice on packaging and labeling standards, marketing consulting and communications through the preparation of brochures, web sites and company profile. The last but not least, the management of logistics concerning the importation of products and samples. The services also include the organization of B2B meetings before and after the fair and participation in workshops and training events.

For further information write us info@ibsitalia.biz or call us 39 06 59 19 749.

EXPLORING THE USA is a special focus published by Exportiamo.it, web-magazine of IBS, to explore the business opportunities of all 50 American states awaiting the Election’s day on 8th November.

We want to present a brief summary of each state. We start from the first: IOWA

Let’s go!

Iowa is a small Midwestern state of 3.1 million people - according to the latest data available in 2014 - land of farm, ranch and here there is the largest number of pigs farmers and wheat’s producers from across the United States.

In 2014, Iowa’s exports by value were to amount to 15.1 billion dollars, while the main destination markets were Canada (4.6 billion), Mexico (2.3 billion), China (943 million) and Brazil (502 million). The companies involved in international activities were approximately 3,500, of which almost all (83%) are SMEs with less than 500 employees.

Iowa is rich in mineral resources (limestone, sand, gravel, gypsum and coal) but the most significant item of the economy is agriculture, which accounts for 5% of the state GDP and cultivated (corn land , hay, oats, sugar beet, wheat and fruit) occupy 75% of the state’s surface and as mentioned the other important resource is the farming of pigs and cattle, while forestry - especially timber for construction and cabinet making - and fishing are less important.

Iowa is also innovative and it’s easy to do business as the lowest costs to businesses operating there, relying on a skilled workforce and a labor law and a dynamic and flexible business climate that encourages the installation of new production facilities.

In recent years thanks to a careful policy of incentives and investments, Iowa has established itself as a pioneer in the field of renewable energy and as the first state in the nation to wind generation and the development of the entire value chain related to the wind power generation, a further asset in addition to proven logistic and strategic advantages to be found in the efficient and widespread network of interstate highways, in the recent investments in railway infrastructure, which ensure competitive costs in terms of transportation choices and access to markets, as demonstrated by the choice of many companies that are installed precisely because of the significantly lower cost compared to other cities of the US.