German American Business Outlook 2019
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Despite some economic uncertainty, most German companies are still bullish on doing business in the US and remain cautiously optimistic about where things are headed.
That's the overall finding of the German American Chambers of Commerce (GACC) latest German American Business Outlook (GABO) survey which was presented during an exclusive event hosted by Deutsche Bank at the firm's Wall Street location in NYC.
The survey was conducted by the GACCs in cooperation with the Representative of German Industry + Trade (RGIT). A capacity crowd of 160 GACC members and guests attended the event, representing the business community and select media outlets (
Handelsblatt, Frankfurter Allgemeine Zeitung, Deutschlandradio
).
Our audience was riveted by Deutsche Bank Chief Economist Torston Slok's economic update. GABO survey results were then presented by Mark Tomkins, President & CEO of the GACC Midwest, followed by a transatlantic panel discussion on the current business environment for German businesses in the US.
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Deutsche Bank Chief Economist Torston Slok captivated our audience with a powerful and fascinating economic overview
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Panel members, included Peter Riehle, newly elected Chairman of the German American Chambers of Commerce (2nd from right).
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GABO Boston Presentation Follows Success of NY Event
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Riding on the wave of an extremely well-received event in NYC, the GACC NY presented GABO survey results on January 30 to more than 70 guests in Boston.
Nicole Menzenbach, Consul General of the German Consulate General Boston (pictured, 2nd from left) was among the many distinguished guests. Also pictured are the GACC NY President & CEO Dietmar Rieg, Emily Westhoven of GABC and Irene Fuchs, GACC NY.
The event took place at J.P. Morgan's 50 Rowes Wharf office and featured an economic update by Jim Glassman, Chief Economist at J.P. Morgan.
Discussion panelists included:
- GACC NY Board Member Sven Doerge, CFO, ICP Group
- Tyler Rollins, Executive Director, J.P. Morgan
- Reinhold Hesse, President & CEO, Pancon Corporation
- John Tesoro, President & CEO, TÜV SÜD America
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German Ambassador to the US Dr. Emily Haber Featured at GACC's Annual New Year's Lunch
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The GACC's kicked off the new year with our first big event of the season: the Annual New Year's Reception, on January 29, featuring keynote speaker Dr. Emily Haber, German Ambassador to the US.
As in previous years, the event took place in one of the stately dining halls of the Harvard Club in Midtown Manhattan. More than 190 guests comprised of distinguished members of the German American business and diplomatic community joined in celebrating the new year and listening to Dr. Haber's timely insights on the state of transatlantic relations.
The GACC was delighted that Dr. Volker Treier, Chief Executive of Foreign Trade and Member of the Executive Board of the Association of German Chambers of Industry and Commerce (DIHK) in Berlin joined the event as well. Dr. Treier (pictured 3rd from left) traveled to NYC and Washington, DC for several strategic meetings and presentations.
The luncheon was preceded by a lively reception which provided prime networking opportunities for our guests.
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Peter Riehle Elected Chairman of the German American Chambers of Commerce
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The GACCs have elected Peter Riehle, President and CEO of WITTENSTEIN holding Corp., as Chairman of the Board of Directors. Mr. Riehle takes the helm of the leading organization promoting trade and investment between Germany and US, effective immediately. Representing over 2,500 members, the chairman will speak to the key issues affecting transatlantic trade and investment. The GACCs’ Board is completed by Vice Chairmen Caroll H. Neubauer, CEO and Chairman of B. Braun Medical and Klaus Zellmer, President & CEO of Porsche Cars North America.
“As an executive of a German subsidiary in the US, I have worked to leverage German-American cooperation to the benefit of both our countries’ companies as well as economies," said Riehle. "I look forward to providing the strategic leadership needed to support the German 'Mittelstand' companies that are the backbone of the German economy.”
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CCM Breaks Ground for State-of-the-Art Advance Manufacturing & Engineering Center
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On Wednesday, January 30
th, in NJ the Morris County Board of Freeholders and County College of Morris Board of Trustees, along with regional and state officials, industry leaders and others, marked the groundbreaking of County College of Morris’ Advanced Manufacturing and Engineering Center. Morh than 200 people gathered to celebrate the center that will “support regional manufacturers by providing an innovative and inspiring learning environment where today’s students become tomorrow’s engineers” said CCM President Anthony J. Iacono.
It was a beautiful day in the Garden state, where GACC NY representatives, Matthew Allen and Alexandra Hoffmann, joined Associate Vice President of Workforce Development & Dean of Professional Studies & Applied Sciences, Patrick Enright, (pictured from left), on a “hike” to the snow-covered site location. The day marked another monumental accomplishment of the college, where similarly, over 50 years ago those stood on the snow-covered campus to break the ground of the college.
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German American Chamber of Commerce NY Becomes Founding Member of The Grid
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We’re on
The Grid!
The
GACC NY
is a founding member of The Grid - a collective group of 70+ startups, universities, government agencies, incubators/accelerator, large companies, and civil society organizations from New York City focusing on Urban Tech and Smart City Technologies.
The network was formally launched on February 5
th
during a public event at the World Trade Center, featuring prominent representatives from its diverse member organizations.
The goal of the new network is simple: “It signals that New York City is leading with a new approach to technology and startup culture, with a real focus on diversity, inclusion, equity, and community,” said President and CEO of the New York City Development Corporation (
NYCEDC
) James Patchett.
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GACC to host Retail Fact Finding Mission to NY
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The GACC NY will host a German delegation from the state of Baden-Württemberg in New York focusing on current trends and technologies in the retail industry.
The one-week market exploration program offers a variety of benefits to German participants:
- Connect with German and U.S. decision makers and stakeholders in the retail industry for an exchange of know-how and an expansion of your network in retail tech
- Meet with innovative retail tech startups to learn about current trends and take a deep-dive in the digital transformation of the industry
- Take part in site-visits and meetings with industry thought-leaders to gain insights and feedback to enable a transformation in your own strategy
- Immerse yourself in a week of opportunities for potential cooperation on both sides of the Atlantic
The trip will be organized in cooperation with the Chamber of Industry and Commerce Rhein-Neckar.
Interested German participants, can find further details and apply for the program
here
.
Application deadline is March 31, 2019.
Interested US contacts who like to get involved with the German delegation, please contact
consulting@gaccny.com
.
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Sponsorship Packages Available
We’ll celebrate this popular culinary German tradition at one of New York’s premier locations, Tribeca Rooftop. You’ll mix and mingle with a crowd of more than 350 GACC NY members, including top-level representatives of German and US firms and their guests.
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YPN Workshop - How to Build Your Network
Wednesday, Feb 27
6:00 - 8:30 PM
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STEP Pitch Night
Thursday, Mar 7
6:30 - 9:00 PM
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German American Smart Transportation Forum
Tuesday, Mar 19
9:00 AM - 5:00 PM
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EACC Pitch&Mix
Focus on Real Estate
Wednesday, Apr 3
6:30 - 9:00 PM
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The GACC NY supports companies in recruiting skilled personnel as well as applicants in finding permanent employment or internships in the US through posted job advertisements.
The GACC NY is currently looking for:
- Internship at Germany Trade & Invest
Our clients are looking for:
- Internship at Bavarian US Offices for Economic Affairs
- Accountant - German and English Speaking
- Professor for "Betrieblicher Außenhandel"
GACC NY is also an official sponsor for J-1 visas in the categories of "Intern" and "Trainees" and can help you in obtaining your J-1 visa. Please contact us at
visa@gaccny.com
and visit our website at
www.go-j1.com
.
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Laser World of PHOTONICS
is the most important driving force of the Laser industry, with more than
1,300 international exhibitors
and innovative products.
Visitors can experience an exhibition area of
592,000 square feet
which will once again draw more than
32,000 international guests
to Munich, Germany. The next installment of the entire value chain of photonics is now just a few months away. You'll experience the latest technologies and applications, meet all international key players and benefit from an extensive supporting program.
Join other US companies and exhibit with us at the
USA Pavilion
in
Hall B2
and
B3
!
For more information and the application documents, please contact
Lucia Juelke
.
Our
online tickets
save you money and time and help avoid waiting in line. Just scan your print@home tickets or mobile ticket at the turnstiles to enter the trade fair immediately.
Click here
to get your tickets today!
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GACC NY Welcomes Our New Members
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Member2Member Special Offer
JacobiTeacher
offers individualized, professional and fun German language learning services that meet the goals of all students irrespective of culture, levels or ages. While most language programs and curriculum are created around the teaching of specific words, our programs effectively cater to students' personal needs and individual goals.
Services:
- Private Tutoring in New York City
- Nationwide Online Tutoring
- Corporate Cultural Talks
- After-school Programs
- Language Events
Use code "AHK2019" to receive a 10% discount on 60-minute tutoring session.
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CONTACT
James Freeman T: +1 (212) 974-8855 | F: +1 (212) 974-8867 | E:
jfreeman@gaccny
.com
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German American Chamber of Commerce, Inc.
80 Pine St, 24th Floor, New York, NY 10005
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