Special FDI Trip
Greater Frankfurt Area, Germany - December 3rd - 6th
Our last FDI Trip in 2018 took a delegation of our members to the greater Frankfurt area in Germany. We kicked-off our mission with two key multiplier visits: first, we visited Advisory Council Member Henning von Gersdorff in the Commerzbank Tower in Frankfurt - the leading bank for the financing needs of German SMEs when they are looking to internationalize; following our visit to Commerzbank, we met representatives from the American Chamber of Commerce (AmCham) Germany, to discuss additional avenues for cooperation, including events catered to advice on market entry for member companies.
The first company meeting of the trip took the delegation to a leading, highly innovative automotive supplier currently looking for a suitable location for its first U.S. production site, where the participants had the opportunity to pitch their sites infront of key decision-makers. The following day, we visited a family-owned advanced manufacturer and another leading automotive supplier, both in the process of entering the U.S. market for the first time.
The EAIC delegation consisted of: Amy Parkhurst (Hampton Roads Economic Development Alliance, VA), Charles Finkley (Tunica County Chamber & Economic Development Foundation, MS), Craig Nielson (Effingham Regional Growth Alliance, IL), Joey Deason (Madison County Business League & Foundation, MS), Joshua Lewis (Virginia Industrial Advancement Alliance, VA), and Christopher Huppertz (EAIC).
FDI Trip Switzerland & Italy
Zurich, Switzerland and Milan & Turin, Italy - November 26th - 30th
The last week of November in 2018, the EAIC lead a delegation of six Members to Switzerland and Italy to meet with companies that want to expand and invest in the United States. The group started the trip in Zurich since Switzerland is one of the top-10 sources of FDI in the United States. After a meeting with a multinational injection molding company the delegation had the chance to network with the Swiss SelectUSA representative from the U.S. Embassy in Switzerland.
Northern Italy, as another major source of FDI in the U.S., was next on the agenda. After starting off strong with a conference on entering the U.S. market (in cooperation with AICE Unione) with 12 local companies the EAIC Members went on to meet with multiple companies in the automotive sector and other advanced manufacturing sectors.
The EAIC delegation consisted of: Amy Parkhurst (Hampton Roads Economic Development Alliance, VA), Jeffrey G. Reed (Virginia’s Growth Alliance, VA), Rick Clifton (Covington County, AL), Hunter Aycock (Community Development Foundation Lee County, MS), Steven B. Dick (Mississippi Power), Eric Miller (Greater Memphis Chamber of Commerce, TN) and Stefan Aengenheyster (EAIC)
Inbound Automotive Delegation to the U.S.
Indiana, Kentucky & Tennessee, USA, October 29th - November 2nd
This year's Inbound Delegation was tailored to the automotive industry, with our delegation consisting of participants from all over Europe, including Austria, Germany and Belgium. Starting in Fort Wayne, Indiana, the group of European automotive suppliers learned more about the local business environment and key industry clusters through visits and networking opportunities with both OEMs and tier-suppliers.
In Fort Wayne, Indiana, our delegation was able to network with GM, Voss Automotive, and Dana, Inc. After participating in our Annual Conference, where the delegation also joined a panel together with the Center for Automotive Research (CAR) to discuss their hands-on experience with the transatlantic market, the group proceeded to travel South. In Muncie, Indiana, our delegates participated in various networking formats and visited both Mursix for a plant tour and the local Purdue Polytechnic Institute campus, before heading to Bowling Green, Kentucky for a reception with leading local automotive companies. The trip ended in Tennessee, where the delegates met with MAHLE Filter Systems in Murfreesboro and Gestamp in Chattanooga. Last but not least, the delegation had the opportunity to visit the local Volkswagen plant in Chattanooga, TN, for a meeting and a brief tour of the final assembly.
We would like to thank our sponsors and hosts for making this year's delegation another resounding success: Northeast Indiana Regional Partnership, East Central Indiana Regional Partnership, Greater Bowling Green Chamber of Commerce, Tennessee Valley Authority (TVA), and the Chattanooga Area Chamber of Commerce!
FDI Trip Germany Automotive
Berlin, Wolfsburg, Düsseldorf, Germany, October 14th - 19th
In October, the EAIC led a delegation of its members to Germany for the seventh FDI Trip in 2018. The trip kicked-off with meetings in Berlin, Germany's capital and home of the European office of the EAIC. First, the delegation received a briefing on recent projects and upcoming services, before heading to the VDA - the German Association of the Automotive Industry, where the group received a detailed update on the automotive industry by a representative of Germany's key automotive industry association. Before heading to Wolfsburg, the delegation also met with representatives of SelectUSA at the U.S. Embassy in Berlin.
In Wolfsburg, the group attended the International Supplier's Fair (IZB), which has transitioned in recent years from an in-house Volkswagen show to a key event for the international automotive industry. The trip ended with a visit to an advanced manufacturing company that is looking to establish a presence in the United States.
The EAIC delegation consisted of: Emily Tucker (American Electric Power), Mark Herbison (Clayco), Oppie Jordan (Carolina's Gateway Partnership, NC), Ralph Garcia (McAllen, TX) and Christopher Huppertz (EAIC).
FDI Trip Israel & Turkey
From September 17th-21st the EAIC realized the first FDI Trip to Israel and Turkey, two of the top-10 fastest-growing sources of FDI in the United States. The delegation trip began in Tel Aviv, where the group met with U.S. Embassy representatives, U.S.-Israeli business experts and multiple companies that want to expand their business in the United States.
The delegation spent the second half of the trip in Turkey for a joint reception with the U.S. Consulate General in Istanbul with a selected group of Turkish companies that want to invest in the United States. In addition, the delegation had the opportunity to speak at the annual EAIC-Turkish-American-Business-Council conference (sponsored by Gray Construction) in front of more than 60 interested companies. Individual appointments with selected companies were set up between the events.The EAIC delegation consisted of: Emily J. Tucker (American Electric Power), Dr. Charlette T. Woolridge (Brunswick County, VA), Carthan F. Currin III (Brunswick County, VA), Jeffrey G. Reed (Virginia’s Growth Alliance, VA), Wayne Mansfield (Longview, TX)
EAIC FDI Summer Reception at SEDC Annual Conference 2018
In late July, Matthias and Stefan enjoyed representing the EAIC at this year’s Annual Conference of our Alliance Partner the Southern Economic Development Council (SEDC). During the 3-day event held in Mobile, AL, we were once again impressed by the impeccable organization of the event and appreciated being given the opportunity to meet participating EAIC members and to discuss recent trends in economic development with attending experts.
EAIC Matchmaking at Farnborough International Airshow (FIA) 2018
With 1,500 exhibitors and the potential for 100,000 visitors, the Farnorough International Airshow is a key event for the global aerospace industry. On July 16th and 17th, the EAIC supported its participating members from key regions of the U.S. aerospace industry. In very productive meetings with both exhibitors and European aviation companies from our network of partners and contacts, we learned of impressive new projects of companies from all levels of the global aviation supply chain.
The participants of the EAIC matchmaking at Farnborough International Airshow consisted of: Eric Basinger (AEP), Becca Hardin and Garrett Wright (Bay EDA), Ed Gardner (Entergy Mississippi), Jim McArthur (Greensboro, NC), Mayor Gary Fuller and Lori Huguley (Opelika, AL), Andrew Nave and Luke Jackson (Wichita, KS), Christopher Huppertz (EAIC).
EAIC Special Delegation: IT Technology, BioScience and OutDoor
Hannover, Munich & Friedrichshafen, Germany, June 14th - 19th
In June 2018, the EAIC led a small delegation of its members on a successful FDI mission to Germany featuring the promising industries of IT technology, biotech, and outdoor equipment. We kicked-off our trip in Hannover by visiting the CEBIT trade show, one of the leading technology trade shows in Europe covering everything from cloud technology to distruptive industrial applications. The delegation subsequently found its way to Munich for a workshop with several cutting-edge biotech companies from the local industry cluster, and a visit to a leading clean-tech company with comprehensive expansion plans for the United States. We wrapped-up our trip with two days of company meetings at the OutDoor trade show in Friedrichshafen, where we got to meet both established brands with a large international footprint and newer, innovative companies looking to jump-start their success in the biggest outdoor market in the world - the United States.
FDI Trip Switzerland, Germany and Italy
Kanton of Zurich, Bern, Southern Germany and Northern Italy, May 14th - 18th
Another great FDI Trip took us to Switzerland, Germany and Italy from May 14th - 18th. The Delegation started the week in Bern where we met with our partners Switzerland Global Enterprise and Swissmem and a first company from the advanced manufacturing sector. The week then continued with very productive visits with companies from the aviation, automotive and food industries during our short detour to Northern Italy in the middle of the week.
We concluded our trip back in Zurich where we started and we are looking forward to coming back to this great region in November for our trip to Northern Italy.
FDI Trip Germany & Hannover Messe
Lower Saxony, Bavaria, Saxony, Berlin, April 23rd - 27th
Spring time means Hannover Messe time. Once again the EAIC orchestrated a FDI Trip around the world's biggest industrial trade show. On April 23rd and 24th, the delegation of eight EAIC members met with companies from various industries that want to invest and expand in the United States. The group travelled to Bavaria and Saxony for meetings focused on the vibrant automotive sector in these regions.
FDI Trip Team Texas Hannover Messe & West Germany
Lower Saxony, North Rhine-Westphalia, Hessia, April 23rd - 27th
This April, the EAIC led a delegation of local representatives from the regional alliance Team Texas to the Hannover Messe and West Germany. From Monday to Tuesday, our delegation attended Hannover Messe with two full days of meetings with promising European companies attending the world's largest industrial show. These prospects came from a variety of industries, including advanced manufacturing, energy (wind, oil & gas, PV), earth-moving, aerospace, and many more.
Following our time at Hannover, we first made our way West to visit with a promising heavy vehicle manufacturer and a subsequent visit to a large food-processor. We concluded our trip further South, as we met with an international player in the advanced manufacturing sector in North Rhine-Westphalia, and another promising prospect in the chemical industry near Frankfurt.
The EAIC Team Texas Delegation consisted of: Adrian Cannady (Victoria EDC), Amanda Nobles (Kilgore EDC), Allison Thompson (Cedar Hill EDC), Carolyn Rowley (Lubbock EDA), Danielle Scheiner (Greater Conroe EDC), Hansjörg Heppe (Locke Lord), Jeffrey Blair (Greater Houston Partnership), Kristina Collins (Greater Waco Chamber) and Trina Zais (City of Keller).
FDI Trip Anuga FoodTec & Germany
Cologne, North Rhine-Westphalia and State of Rhineland Palatinate, March 19th - 23rd
From March 19th to 23rd, the EAIC organized its second FDI Trip in 2018 to Germany to attend the Anuga FoodTec Trade Show in Cologne, North Rhine-Westphalia, and visit promising food-processing companies in the wider area of the State of Rhineland Palatinate. After we kicked off our week with insightful meetings with key regional multipliers, including the U.S. Commercial Service in Düsseldorf and the regional Chamber of Commerce, our delegation spent two days at the Anuga FoodTec Show. The show, which is the only trade show in the world that focuses on the whole range of food-processing and packaging machinery, featured 50,000 visitors and 1,500 exhibitors.
Following our time at the Anuga, our delegation visited two promising food & beverage companies with concrete plans for the United States. Our visits featured the exlusive opportunity for our members to present their communities in a three minute pitch for a specifc project infront of key decision-makers.
The EAIC delegation consisted of: Becca Hardin (Bay EDA, FL), Laura D. Hayes (Hampton Roads Economic Development Alliance, VA), Mayor Gary Fuller (City of Opelika, AL), Lori Huguley (City of Opelika, AL), Kim Uhlig (Greater Peoria Economic Development Council, IL), Hannah Stork (Northeast Indiana Regional Partnership, IN), Ashley N. Savieo (American Electric Power, IN), Blake Wallace (Hinds County Economic Development Authority, MS), and Christopher Huppertz (EAIC).
Familiarization Tour Rio Grande Valley Region
From February 25th to February 27th the Rio South Texas Economic Council (RSTEC) hosted an EAIC Familiarization Tour in the Rio Grande Valley Region. During a joint kick-off lunch Matt Ruszczak, Executive Director at RSTEC, gave a brief presentation on the importance of European Foreign Direct Investment in the United States to the EAIC and RSTEC Members. Director of European Affairs at the EAIC, Stefan Aengenheyster, gave an introduction on the EAIC.
Together with EAIC Advisory Council Members Sebastian Eich (NAVIGO), Thomas Schwegmann (PONS Transatlantic Partners), Florian Stamm (SGR) and Dr. Ullrich Kämmerer (Roedl USA), the EAIC visited the Rio Grandy Valley Region and learned more about infrastructure, workforce development, sites and business environment in the RSTEC Member regions. Important aspects like workforce development, site visits, incentives and SPEC buildings were discussed at different stops. During the three day tour the EAIC had the opportunity to visit Texas Southmost College, The Port of Brownsville, Texas State Technical College, the City Of Weslaco, the City of Palmview, Sullivan City, Starr County, the City of Alamo, the Citiy of Pharr, the City of McAllen, South Texas College, University of Texas Rio Grande Valley and the McAllen Chamber of Commerce.
The EAIC was honored by the great hospitality in South Texas and the outstanding support by the Rio South Texas Economic Council.
FDI Trip Austria Bavaria 2018
Our first FDI mission of 2018 lead our delegation to Austria and Bavaria, Germany, from January 22 to 26, 2018. The trip kicked off in Vienna, Austria, with meetings with the local SelectUSA staff to learn more about the business environment in Austria and the first company meeting with an automotive supplier. The delegation then made its way north via Linz in Upper Austria and Munich, Bavaria's capital, to Nuremberg, meeting along the way with promising family-owned businesses in the automotive, aviation, chemical and earthmoving industries with concrete plans for FDI in the United States. Once again it was shown that these mid-size, family-owned businesses form the backbone of transatlantic investment flows.
We are excited to have satisfied our members' expectations once again. Jim Flanagan as a first time participant let us know: “After 30 years in my position with the DeSoto Council, this was by far the most productive, well organized and profitable recruitment trip in my career. With our limited budget, we are careful about our selection of opportunities and this one exceeded all expectations. I would encourage any EDO to seriously consider this investment of time and resources for the real value it adds to our county and communities.”
FDI Trip Italy
Milan, Verona, Ravenna, Turin, Italy, December 4th - 8th
After a very successful FDI mission to Italy in the first half of 2017, the EAIC led a delegation of its members on its second FDI trip to Italy from December 4 to 8, 2017. On our first day in Milan, we kicked-off our trip with key multiplier meetings, including local industry associations, the Italy-America Chamber of Commerce (IACC), and the international office of the pan-European bank UniCredit. The evening was topped-off by a Gala organized by the AmCham Italy and attended by around 600 participants, including the US ambassador to Italy, Lewis M. Eisenberg, and his Italian counterpart.
In the following week, we made our way via Verona to Ravenna and ultimately to Turin, meeting along the way with promising companies in the automotive, pharmaceutical, chemical, and advanced manufacturer industries with substantiated plans for investments in the United States.
The EAIC Delegation to Italy consisted of: Eric Miller (Hampton Roads Economic Development Alliance, VA), Mayor Gary Fuller (City of Opelika, AL), Lori Huguley (Opelika Economic Development, AL), T. Scott Malone (LaGrange Economic Development Authority, GA), and Christopher Huppertz (EAIC).
EAIC Annual Meeting & Conference
Frisco, Texas, USA, November 16th & 17th
On November 16th and 17th, the EAIC hosted its Annual Meeting and Conference in Frisco, Texas. The event gathered the EAIC community, the Advisory Council, the EAIC & Niedersachsen Aviation Inbound Delegation, as well as distinguished guests to network and learn more about current trends in transatlantic trade and investment.
For more detailed information on the event, please click here.
EAIC & Niedersachsen Aviation Inbound Aviation Delegation 2017
Wichita (KS), Oklahoma City, Stillwater & Tulsa (OK), Arlington, Waco, Fort Worth, Frisco (TX), USA, November 13th to 17th
In November, the EAIC led a group of European aviation companies from Kansas through Oklahoma to Texas. It was the mission of the trip to connect our participants to local companies in one of the key aerospace clusters and learn more about the market environment in meetings with regional economic development organizations.
During our stay, we successfully visited industry leaders such as Spirit Aerosystems, NORDAM, American Airlines, Triumph, L3 Platform Integration, and Bell Helicopter, among others. Moreover, our participants were able to network with local representatives of key regions for the aerospace industry inbetween company visits.
We would like to thank the Greater Wichita Partnership, the Oklahoma Chamber of Commerce, the Tulsa Regional Chamber, the City of Arlington, the Greater Waco Chamber, the Fort Worth Chamber of Commerce, and especially our sponsors and hosts Frisco Economic Development Corporation and Team Texas for making our Inbound Delegation such a success!
Review Media Coverage:
FDI Trip Poland and the Czech Republic
Warsaw and Poznan, Poland, and Prague, Czech Republic, October 23rd - 27th
From October 23rd to 27th, the EAIC lead a group of its members on a delegation trip to Poland and the Czech Republic. On the first day of our sixth FDI Trip, which started in Warsaw, we visited a comsetics and pharmaceutical company, as well as key multipliers from the U.S. Commercial Service and the American Chamber of Commerce. Our second day in Warsaw featured promising meetings with a food processing and ICT company. In Poznan, we further explored the local technology and start-up scene as it relates to such cutting-edge topics such as Industry 4.0.
In the Czech Republic, our delegation met with two leading advanced manufacturing companies in the wider Prague area, with opportunities to learn about their local production and connect with key decision-makers concerning their plans for expansion in the United States.
EAIC Participants: Annie Baxter (Duke Energy), Hannah Stork (Northeast Indiana Regional Partnership, IN), Kim Uhlig (Greater Peoria Economic Development Council, IL), Sebastian Eich (EAIC Advisory Council), Christopher Huppertz (EAIC), Stefan Aengenheyster (EAIC).
FDI Trip Denmark Sweden 2017
From September 16th to 20th, 2017, the EAIC and a delegation of its members went on its fifth FDI Trip to Denmark and Sweden. In Denmark, we began the week with a meeting with the U.S. Commercial Service at the U.S. Embassy. Furthermore, we visited advanced manufacturing companies in various parts of Denmark with an interest in business expansion in the United States.
Familiarization Tour Virginia
From September 27th to September 29th the Virginia Economic Development Partnership hosted an EAIC Familiarization Tour in Richmond, Hampton Roads and Charlottesville.
After a joint kick-off dinner with Governor McAuliffe in Richmond, President of the EAIC, Matthias Beier, Advisory Council Members James Blair (Navigator Consulting), Florian Stamm (SGR) and Dr. Ullrich Kämmerer (Roedl USA) visited the Port of Virginia in Norfolk and learned more about infrastructure, workforce development, sites and business environment of EAICs founding member in Virginia, Hampton Roads.
To learn more about the diverse regions of Virginia, the EAIC delegation shared its experience on European FDI in the U.S. with more than 20 regional EDOs at the UVA Research Campus in Charlottesville. Important aspects like workforce development, site visits, incentives and SPEC buildings were discussed in small groups. A pitch camp with all attending EDOs provided unique opportunities for EAIC to learn more about Virginias regions and a profound feedback for the attending EDOs.
The EAIC was honored by the great hospitality of its Virginia founding member in Hampton Roads and the outstanding support by the Virginia Economic Development Partnership.
FDI Trip Germany Automotive 2017
Berlin and Frankfurt, Germany, September 11th - 15th
From September 11th to 15th the EAIC went on the fourth FDI mission of 2017. The trip led the delegation to Germany from Berlin all the way to the IAA Trade Show in Frankfurt. Along the way we visited a number of prospects from the automotive sector that want to start large-scale production facilities in the United States. Further productive appointments were realized at the Frankfurt trade show grounds during the IAA, one of the world’s largest automotive trade shows.
We were happy to receive very positive feedback from the participants. As Scott Malone from LaGrange, GA put it:
being with you in Germany! Having closed a little over $3 billion in
international capital investment projects in my career, I have seen a
lot. You handled yourself with prospects as well as anyone I have seen.
Proud of you and for you! You guys have really created something
remarkable with the EAIC and LaGrange is proud to be a member."
EAIC President and CEO, Matthias Beier together with Advisory Council Member Ullrich Kämmerer, Rödl & Partner partook an Info-Workshop at the MTU Maintainance in Hannover, Germany on the 12th of September. MTU Aero Engines is Germany's leading engine manufacturer and an established global player in the industry. The Langenhagen facility is the centerpiece of the MTU Maintenance group. It is responsible for the maintenance of medium- and large-size commercial engines. Matthias gave a successful presentation on foreign direct investment (FDI) in the United States with focus on aerospace manufacturing.
FDI Trip BeNeLux 2017
Belgium, The Netherlands and Germany, September 4th - 8th
The first week of September the EAIC carried out the FDI mission to Belgium, the Netherlands and Germany. This region of Europe is home to a large proportion of traditional manufacturing, particularly in the industry sectors automotive and food processing. Favorable conditions at home have led many companies to take advantage of opportunities across the Atlantic. We met with some of these hidden champions that want to expand in the United States. Further, we established close cooperation with the U.S. Embassy in Brussels and their local SelectUSA team to build a long term working relationship.
EAIC Familiarization Tour Texas
East and South of Texas, July 23rd - 28th 2017
From July 23rd – 28th the EAIC in cooperation with Team Texas had an extended, multi-city Familiarization Tour in East and South Texas.
On a one week road show James Blair (Navigator Consulting), Florian Stamm (Smith, Gambrell & Russell), Dr. Ullrich Kaemmerer (Roedl & Partner) and Matthias Beier (EAIC) visited its Texas Founding Member Longview and further strong communities in Conroe, Victoria, Brownsville, Seguin and Waco. Every event entailed site visits, three presentations on European FDI, focus industries and first hand insights of a site selector, followed by presentations of hosting and other joining communities and a Q&A.
Each event was accompanied by a representative of the Governor´s office and Lorie Vincent with Team Texas joined the whole trip that she had organized for the EAIC.
While the communities got a unique insights on recent FDI trends and projects, EAIC could learn a lot about the Texan business environment with its business driven communities. The EAIC was honored by the outstanding hospitality of all visited communities and Lorie´s fantastic support!
SelectUSA Investment Summit 2017
Washington D.C., June 19th - 21st
The EAIC is proud to announce its first successful participation as exhibitor at the SelectUSA Investment Summit in Washington D.C. this year. The three-day conference gathered investors from all over the world to connect with representatives from different parts of the United States. Over 20 EAIC members joined us for the EAIC kick-off brunch on day one to discuss recent developments in our organization and to gain insights into upcoming events. During the conference we held numerous meetings with companies that want to invest in the United States. EAIC members were able to join the meetings with companies from Italy, Germany, Turkey, the Netherlands, Norway, Isreal, Belgium and Austria among others.
The EAIC wants to thank its members for joining us at this productive conference and we are looking forward to our return in 2018.
EAIC at the German American Business Forum 2017
Düsseldorf, Germany, June 22nd
The EAIC took part in the 4th German American Business Forum, this year held in Düsseldorf, Germany and organized by the German American Chambers of Commerce and the Düsseldorf Chamber of Industry and Commerce.
A number of interesting panel discussions on topics such as transatlantic relationships 4.0, and energy politics and infrastructure in Europe and the US, were complemented with a series of networking opportunities during which we promoted the EAIC and our strong network of Member Communities to European businesses looking to enter or expand in the US market.
For three days in mid-June, the EAIC attended the International Paris Air Show 2017 - the oldest show of its kind, held since 1909 and this year in its 52nd edition.
Besides witnessing many an impressive flight maneuvre, we attended a series of informative and productive company meetings with representatives of four of our Member Communities (Greater Lafayette Commerce, IN; Greater Wichita Partnership, KS; Greensboro Chamber of Commerce, NC; and Opelika Economic Development, AL) and could introduce the EAIC and its Community Network to many more of the over 2,300 exhibiting companies.
From May 9th to May 10th the Greater Peoria Partnership hosted an EAIC Familiarization Tour in Peoria, IL.
After welcome remarks by Jennifer Daly, CEO of the Greater Peoria Partnership and President and CEO of the EAIC, Matthias Beier, Advisory Council Members Florian Stamm (SGR), Chat Phillips (Navigator Consulting), Werner Beermann (Gray Construction) and Aryan Zandieh (Germany's Federal State of Niedersachsen) shared their experience on European FDI in the U.S. Besides that Erik Brejla (IL Department of Commerce & Economic Opportunity), James Foley (IL SBDC International Trade Center), Patrick Peonnet (SCSI, LLC) and Eric Nieukirk (Caterpillar) gave important insights in the assets of Illinois for FDI attraction.
Through company tours at Caterpillar, Autonomous Stuff and Jump Trade, EAIC could learn more about the region which will be useful for supporting European companies to find a location in the U.S. We very much appreciate the event sponsorship by Ameren Illinois.
From April 23rd to 28th the EAIC went on its second FDI mission in 2017. It was a busy and productive week that led six of our members to the Hannover Messe, Switzerland and further meetings in southern Germany. Throughout the course of the week we met with a wide variety of companies that are all looking into business expansion in the United States and multipliers that expand our outreach to Swiss and German companies. In Zurich we were welcomed to a private investment Luncheon by U.S. Chargé d'Affaires Tara Erath at the prestigious Trade Guild Haus zum Rüden in the heart of Zurich. The Luncheon was accompanied by selected Swiss companies that are planning investments in the United States.
(cf. US Embassy News)
Participants of this trip were our Community Members Greater Peoria (IL), Battle Creek (MI), Wapakoneta (OH), Longview (TX), Carroll Tomorrow (GA) and our Corporate Member Duke Energy.
FDI Consultant Forum Stuttgart
Stuttgart, April 28th 2017
During our second FDI Consultant Forum of 2017 we introduced our new Advisory Council Member Charlotte Nytoft who supports Scandinavian companies on their way to the U.S. and gave all participants valuable insights into Scandinavian companies already doing business in the U.S.
Furthermore Advisory Council members Dr. Ullrich Kaemmerer and Sebastian Eich presented 6 recent projects from different industries in detail and outlined the main drivers of the companies' decisions.
Furthermore, the following experts were among the participants of the EAIC FDI Consultant Forum in Munich:
From March 20th to March 21st the Oklahoma Department of Commerce hosted an EAIC Familiarization Tour in Oklahoma City.
On a site visit in Norman County and a tour at the Weather Cluster of the Oklahoma University, EAIC could learn more about the region which will be useful for supporting European companies to find a location in the U.S.
FDI Trip Italy and Germany 2017
Italy and Germany, February 16th - March 3rd
From February 26th to March 3rd the EAIC Delegation Trip to Italy and Germany has led five of our Members to six companies, five multipliers and a wide variety of FDI stakeholders in Northern Italy and the South of Germany. The networking event in Munich drew about 40 participants, among them local companies interested in the U.S., and was followed by an FDI Consultant Forum (more information below). Besides company visits at various Italian and German companies that are planning on expanding business in the U.S. by opening production sites in the U.S., the group had the opportunity to get familiar with the Italian and German chamber system and its contacts for U.S.-oriented companies.
Participants were our Communities Members from Tupelo (MS), Hinds County (MS), Longview (TX), Bay County (FL) and Cornerstone Alliance / Benton Harbor (MI).
We were happy to receive very positive feedback from the participants. As Becca Hardin from Bay County, FL put it:
“I just want to personally thank you for all of your efforts. I thought the trip/meetings were excellent! I will definitely participate again in the future.“
Review Media Coverage:
FDI Consultant Forum Munich
Munich, March 3rd 2017
On March 3 we held the first EAIC FDI Consultant Forum of 2017 in Munich, Germany. We gathered Member Communities and FDI experts, who are involved in the transatlantic lead generation and site selection process. The idea was to share experiences from past projects in, to discuss all issues regarding the recruitment and most important criteria to attract European companies. Typical European requirements for SPEC buildings and criteria for RFIs were focussed in our discussion. Future plans of the EAIC include events in the U.S. and Europe (please find our events for 2017 here). Due to concerns raised by representatives of the companies that were visited during the FDI Trip to Italy and Germany (cf. 4. Latest EAIC Activities) regarding the new U.S. administration results of potential tax reforms were extensively discussed. Advisory Council Member Ullrich Kaemmerer gave insights into the political and organizational structure of the European Union and its potential to retaliate against possible U.S. non-tariff barriers to trade by fiscal means.
Furthermore, the following experts were among the participants of the EAIC FDI Consultant Forum in Munich:
On December 16th a delegation of EAIC Community and Corporate Members joined the final Transatlantic Business Conference of 2016 to stay up to date on European business trends. The event was hosted by the Cologne Chamber of Commerce (IHK zu Köln) and opened by the honorable U.S. Consul General Michael R. Keller.
The event was attended by around 70 guests comprising a diverse audience of German companies, FDI specialists and Economic Development Organizations (EDOs) from the United States.
The next TAB Conference will take place in Munich on March 3rd 2017.
FDI Trip Germany 2016
Germany, December 12th - 16th
From December 12 to 16 the EAIC Delegation Trip to Germany has led seven of our Members to companies, multipliers and FDI stakeholders in Frankfurt, Wolfsburg, Hannover, Hamburg and Berlin. The networking event in Cologne drew about 60 participants, among them local companies interested in the U.S., and was followed by an FDI Consultant Forum (more information below). Besides company visits at Volkswagen and Lufthansa Technik, the group had the opportunity to get familiar with the German chamber system and its contacts for U.S.-oriented companies. They were invited by the U.S. Embassy in Germany to meet FDI experts of the U.S. Commercial Service.
Participants were our Members from Murray-Calloway (KY), Greensboro (NC), Greater Jackson (MS), Hinds County (MS), Tupelo (MS), Rome (GA) and Toccoa (GA).
FDI Consultant Forum Cologne
Cologne, December 16th 2016
On December 16 the EAIC FDI Consultant Forum in Cologne, Germany, brought together Member Communities and FDI experts, who are involved in the transatlantic lead generation and site selection process. The idea was to share experiences from projects in 2016, to discuss all issues regarding the recruitment and most important criteria to attract European companies. Typically European requirements for SPEC buildings, workforce and site visits were focussed in our discussion. Future plans of the EAIC include events in the U.S. and Europe (please find our events for 2017 here) and the introduction of an EAIC Certification for Member Communities. Since this certification will not be another site certification, but rather a marketing tool and a useful test for "European FDI Readiness", the EAIC sets up a Member Committee, to decide about structure, indicators and volume. Therefore every interested Member Community is asked to express interest in joining our Committee by contacting us.