GACCoM ChamberBrief: December Issue

Dear GACCoM Members and Friends,

German companies in the U.S. are optimistic about their own business and the U.S. economy in the year ahead – that is one of the key results of the German American Business Outlook 2013 presented at the Bloomberg Headquarters in New York City on December 3. Together with German subsidiaries in the U.S., we are looking forward to a successful 2013: On the occasion of our 50th Anniversary, we invite you to a first class program covering a broad range of German-American business activities, such as the Annual Economic Forum on January 31, 2013. We encourage you to join or renew your membership with GACCoM to celebrate this exceptional anniversary year with us.

We would like to thank our Board members, our members, sponsors, and friends for their support throughout the year. We look forward to an exciting Anniversary Year with you!

Happy Holidays and a successful New Year

your GACCoM Team

German American Business Outlook 2013

The German American Business Outlook 2013 discovered that German companies in the United States had a successful business year 2012 and look optimistically toward 2013. 95% of firms expect growth for their own business, while 87% anticipate the U.S. economy to grow. Even though 2012 stayed slightly behind expectations, German companies are bullish about 2013 and believe in the new administration’s focus on economic improvement in the U.S. The majority of firms find themselves well positioned to strategically focus on growth, expansion, and innovation by introducing new product lines and increasing their workforce – 76% (compared to 67% last year) of firms expect to create new jobs in the next year. Approximately 12% of the 1,900 subsidiaries contacted used this excellent opportunity to make their voices heard toward economic and political stakeholders as well as the media.

GACC Award "Trainee of the Year"

During the GABO press event, the GACCs honored Welder & Mechanical Engineering Trainee Christina Chadwick (18) of Bauer Foundation Corp. with their first “Trainee of the Year” award. The award recognizes excellence in workforce training and underscores the efforts of German subsidiaries in building the future workforce.

For the complete results of the German American Business Outlook and further information on the GACC Award, please visit our website.

Annual Economic Forum 2013

The German American Chambers of Commerce and the RGIT invite you to our Annual Economic Forum. The forum is a meeting point for top executives and economists to discuss prognoses and trends in German-American business relations. We are honored to welcome Dr. Volker Treier, Deputy CEO of the DHIK and Head of International/AHK, and Prof. Dr. Joachim Scheide from the Kiel Institute for the World Economy, and Michael Traub, President & CEO of BSH Home Appliances Corporation, as speakers to the forum.

GACCoM Expands and Hires: New Office in Michigan

In early 2013, GACCoM is planning to open an office in Michigan to expand our consulting services and initiatives for the promotion of bilateral trade and investment between Germany and the US. There is a large concentration of German investment in the state of Michigan, including many new investments and expansions throughout the past year. As this wave of investment continues, GACCoM will be there to support companies in navigating business opportunities, finding sales and distribution partners, building their business and contributing to transatlantic trade. GACCoM’s Michigan Chapter will continue to serve Michigan members and organize its wonderful event program. We are currently talking to various partners and organizations about a potential location for the office. GACCoM is seeking a Project Manager to be based in the Detroit area and be an active part of GACCoM's Consulting team. More details are available here.

50th Anniversary Sponsorship Opportunities

Show your support for our commitment to the German American Business Community and become an Anniversary Sponsor. For more information on our sponsorship packages, please contact Jayne Riemer-Chishty, Director, Membership and Chamber Development (312) 494- 2169.

GACCoM on the Road

The Skills Initiative Lands in Ohio

Thirteen German business leaders with Ohio-based subsidiaries met with Ambassador Peter Ammon and Ohio Governor John Kasich, together with GACCoM Vice President Mark Tomkins on December 5. GACCoM helped organize this meeting as part of the broader Skills Initiative. The discussion also included Presidents of leading community colleges in Ohio, many of which are already partnering with German companies. One of the goals of the meeting was to explore Germany's expertise in vocational training and how to make Ohio's businesses stronger through applying principles of Germany’s dual education and training system. The Skills Initiative seeks to bring together businesses from both sides of the Atlantic as well as local educational institutions with the aim of developing training programs best suited to businesses’ needs. German investment already accounts for over 30,000 jobs in Ohio and many business leaders signaled their plans for expanding their workforce in the state, contributing to the strong job growth that Ohio has experienced over the past year.

German American Wind Energy Business Conference

For the 5th time since 2007, GACCoM brought a delegation of six German wind energy companies to Chicago for the German American Wind Energy Business Conference. The conference set the stage for an international exchange on the future of the wind energy industry with experts from Germany and the U.S. As part of the program, two panel discussions highlighted the trends and developments in the German and American wind industry. The great attendance of over 80 wind industry stakeholders and the active participation in the discussion underlined the importance of knowledge exchange between German and U.S. companies to stay competitive in a global challenge for cleaner energy sources. Please visit our website for photos and webcasts of the conference.

GACCoM Knowledge Exchange 2013 - Call for Presentations

The new GACCoM Knowledge Exchange 2013 event series will present expert guest speakers from various industries to share their knowledge on relevant and hot topics that impact your day to day business. For your convenience, it will be held at the offices of Mesirow Financial in downtown Chicago. We encourage our GACCoM members and friends to participate both as attendees and speakers!

airberlin connects Chicago and Berlin

On November 29, airberlin, Germany’s second largest airline, held a reception on the occasion of the first ever nonstop service from Chicago to German capital Berlin. GACCoM’s CEO and President Simone Pohl met  Burkhard Kieker, CEO visitBerlin, Hartmut Mehdorn, CEO airberlin, and Paul Gregorowitsch, CCO airberlin, at the event and welcomes airberlin’s expansion into the Chicago market, which highlights the profile of Chicago as an important business and tourist destination for Germany. With their new direct service, airberlin and their oneworld® partner American Airlines strategically expand their network to connect the central transportation hubs in Europe with the U.S

GACCoM's Special Holiday Events at Christkindlmarket Chicago

Annual Children's Lantern Parade at Christkindlmarket Chicago

In the festive setting of the Christkindlmarket Chicago, GACCoM together with the Christkindlmarket Chicago held the Annual Children's Lantern Parade on December 5. In the parade, patterned after the German St. Martin tradition that celebrates Samaritan deeds, children led the way through the market with their colorful lanterns and the beautiful sounds of German and American Christmas carols.

Holiday Professionals Networking Cocktail

GACCoM, BABC & FACC along with special guest the Chicago Council on Global Affairs celebrated their Holiday Professionals Networking Cocktail  at the Christkindlmarket Chicago on Wednesday, December 12. The international networking event, bringing together young professionals and established experts from a broad range of industries, has been successful ever since its start in 2010. We thank our British, French, and Chicago Council partners for this enriching cooperation. 

GACCoM Chapters hold joint VIP reception at Christkindlmarket Chicago

GACCoM's Minnesota Chapter with its President Lübbert Kruizenga and Executive Director Patricia Wendling, and the Wisconsin Chapter with its President Dr. John Gatto, held their joint VIP networking event at our festive Christkindlmarket on Saturday, Dec 15. Furthermore, Joshua Seeberg, General Manager of the Denver Christkindl Market and new Executive Director of GACCoM’s Colorado Chapter as of Jan 1, visited the GACCoM Office and Christkindlmarket this month. Thank you to our esteemed colleagues from across the Midwest for joining us in Chicago!


Congratulations to a Member of our Board of Directors: Geoffrey Somary

In connection with the change of the top management of Ipsen, Geoffrey Somary has been appointed COO of the Ipsen group. Mr. Somary who is already a member of the Ipsen Group executive management team, will continue in his role as CEO of the USA-based operating company. Congratulations to this great promotion and all the best in your new role!

Save the Date!

01/31/2013 – Annual Economic Forum – Hilton Rosemont Chicago O'Hare

01/30/2013 – German Night Reception at AG CONNECT – Kansas City, MO

01/10/2013 – GACCoM Knowledge Exchange – Chicago, IL

02/05/2013 –  Michigan Chapter Winter Networking Dinner – Farmington Hills, MI

02/28/2013 – German American Water Technology Expert Roundtable –  Minneapolis, MN

German Cultural Highlights in Town

02/01/2013 and 02/02/2013 – Hamburg Ballet – Harris Theater, Chicago, IL

The world-renowned Hamburg Ballet makes its Chicago debut at the Harris Theater, presenting the Chicago premiere of “Nijinsky,” by acclaimed American ballet dancer and choreographer John Neumeier. 

02/23/2013 – Herbert Grönemeyer – Chicago Theatre, Chicago, IL

Over the course of the past three decades, Herbert Grönemeyer has established himself as Germany's most successful recording artist of all time, with album sales surpassing 18 million copies. In response to high public demand, the German superstar just announced exclusive tour dates in New York City and Chicago in early 2013.

February 2013 Wagner's Die Meistersinger von Nürnberg Lyric Opera, Chicago, IL

This glorious masterwork stands with The Ring as the ultimate test for singers, chorus, and orchestra. At its heart, a song contest that will transform the society in which it takes place. Nürnberg’s ancient guild of mastersingers is looking for a work of art—a shining beacon of poetry and music. In Wagner’s only foray into comedy, great art triumphs over all in one of the most joyous and overwhelming achievements in the history of music.


Thank You