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!
The EAIC & Niedersachsen Aviation Inbound Delegation consisted of: Matthias Schüler (Aljo Aluminium Bau Jonuscheit GmbH), Bernhard Bertrams (Deharde GmbH), Uwe Basler & David Kamerer (EME Elektro-Metall), Patrick Nutz (iABG), Norbert Steinkemper (Niedersachsen Aviation), Matthias Beier & Christopher Huppertz (EAIC)
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.