Screening
Understand the manufacturer, its operating history and its readiness for a US presence.
STEMMA / AN INTRODUCTION WITH A RECORD
Qualified European expansion, introduced properly.
A considered introduction between European manufacturers and American capital. The screening, the matching and the sequencing are done by people. The record makes the introduction legible.
Initiate Contact01 / THE MANDATE
A line of trading is earned, not claimed. We establish where a company came from, what it has built and who connects to whom before an introduction is made.
The approach
The record
Bring provenance, trading history and the essential facts into one comparable account.
Matching
Identify aligned American capital and strategic counterparts for a qualified opportunity.
Introduction
Sequence access deliberately, with context on both sides of the conversation.
02 / STEMMA
An arranged view.
The arch spans a gap between manufacturer and capital. The record binds the history behind an introduction; a controlled view lets each side judge the opportunity on substance. Stemma introduces. It does not transact.
03 / THE CONTEXT
The wider industrial case.
01$2T+ in federal capital is reindustrializing the U.S.
$2T+ in federal capital is reindustrializing the U.S.
Through the combination of the Bipartisan Infrastructure Law (BIL), the Inflation Reduction Act (IRA), and the CHIPS and Science Act, the U.S. has injected over $2 trillion in federal funding, grants, and tax incentives into the economy. Driven by this structural capital, U.S. manufacturing construction spending has doubled since the end of 2021.
McKinsey & Company (IRA Analysis) | U.S. Department of the Treasury ↗02U.S. industrials trade at a severe premium to Europe.
U.S. industrials trade at a severe premium to Europe.
Establishing U.S. operations gives European industrials access to severe valuation and capital-efficiency premiums. European industrials trade at an estimated 17% forward P/E discount (17.9x vs. 21.4x for U.S. peers). The MSCI U.S. Industrials index also projects a 24.6% Return on Equity through 2027, compared with 16.7% for the European sector.
Bloomberg Professional Insights (Valuation Data) ↗03Manufacturing led 2023 U.S. greenfield FDI at $35.1B.
Manufacturing led 2023 U.S. greenfield FDI at $35.1B.
Foreign Direct Investment into the U.S. is aggressively shifting toward tangible industrial assets. In 2023, planned expenditures for new greenfield investments were highest in the manufacturing sector at $35.1 billion. European capital remains the dominant anchor, accounting for over 55% of total employment generated by newly established foreign-owned businesses in the U.S.
U.S. Bureau of Economic Analysis (BEA FDI Report) ↗04U.S. industrials target 13% annual EPS growth through 2027.
U.S. industrials target 13% annual EPS growth through 2027.
The U.S. reindustrialization cycle is a multi-decade structural shift insulated by domestic defense spending, grid modernization, and AI infrastructure. U.S. industrials are expected to deliver a compound annual EPS growth of 13% through 2027, paired with significantly lower earnings-growth volatility over the past decade (13% vs. 17% in Europe).
Bloomberg Professional Insights (Midyear Outlook) ↗