This month, US President Donald Trump admitted that he would temporarily lower the high duties, which he had previously imposed on dozens of countries. “When the situation stabilizes, We will understand what type of production we can transfer to the USAbecause it is not only a matter of time and investment, but also finding employees with appropriate abilities, “said Francesco Milleri CEO of Essilorluxottica. He also added that due to the qualifications of staff production in Italy and France it cannot be fully moved.
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Information on considering the transfer of part of the production of the company in which the portfolio is included Popular Brand Ray-Ban, A French-Italian company in Paris was handed over at the meeting. Milleri added that the company will not hurry to make a decision.
“We can really think if we can move from Thailand and Mexico. But we do not want to move too early, “he added. The group already has several plants in the United States.
The producer of famous glasses is considering transferring production to the USA
The CEO of Essilorluxottica also said that the group is considering possible acquisitions. “Fusions and acquisitions are in the DNA of our company, we have a lot of dossier on the table, small, medium and large companies. We need to add much more competences and technology to our portfolio” – said Milleri, whose words are cited by the Reuters agency.
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He added that he was convinced that the group would be able to conclude several good contracts this and next year. Milleri said that The group wants to strengthen their capabilities in the field of chip design, expand activities in the field of treatment and care for eye diseases and invest in artificial intelligence services.
