SABC New Board Members
The SABC is thrilled to announce the addition of two esteemed professionals to our board, Naiane Nunes, General Manager at Tornos Technologies US Corporation and Christian Hock, Partner at Rödl & Partner. Their wealth of experience and expertise will undoubtedly enrich our board and contribute significantly to our organization's success. Please join us in welcoming Naiane Nunes and Christian Hock to the SABC’s Board of Directors! See more about each of their respective companies below.
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SABC New Promotional Partners
We're delighted to share that SABC has partnered with two esteemed organizations, welcoming them as our new promotional partners. Their collaboration marks an exciting step forward in our mission to foster stronger Swiss-American partnerships.
Chambers Alliance (CCA)
Contact Person: Nicky Sulandari, Vice President
European American Chamber of Commerce of Greater Cincinnati
Contact Person: Nicole Fenyo, Executive Director
Greater Zurich Area
Contact Person: Lukas.Sieber, Executive Director North America
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SABC Annual Members Meeting
The 2024 Swiss American Business Council annual members meeting took at the residence of the Swiss Confederation in Chicago. I want to extend my sincere thanks to Consul General Pascal Bornoz for graciously hosting the event and for providing an insightful trade update.
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the Swiss-American Partnership Summit: Advancing Business and Innovation in Cleveland, Ohio, in May 2024.
We are excited to share the success of the Swiss-American Partnership Summit: Advancing Business and Innovation in Cleveland, Ohio, held in May 2024. The summit was a resounding success, offering valuable networking opportunities and engaging presentations. We extend our sincere gratitude to the organizers - SABC, Marianne Bernadotte, the Honorary Consul of Switzerland in Ohio Cleveland, the Consulate of Switzerland in NY, and the Swiss Business Hub - for their dedication and efforts in making this event possible.
We are enthusiastic about continuing the momentum generated at the summit and fostering even stronger partnerships between Switzerland and the United States.
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2024 GISC Gala Blurb
Travel Back in Time to Experience the World in One Place! Join the German International School Chicago at Artifact Events on Saturday, May 11, 2024, for their 2024 Gala, An Evening at the 1893 Chicago World's Fair. This special 15th anniversary celebration will feature a cocktail reception, seated dinner, dancing, and of course plenty of fun ways to support this one-of-a-kind school throughout the evening. Supporting the GISC Gala is a great way to support a school that has offered a rigorous German-English bilingual education to many families in our community for the past 15 years, while also increasing your company’s visibility in Chicago. Tickets are available now at https://gisc24.givesmart.com.
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 Save the Date: Esco USA Open House June 13,2024
Join us on the 13th of June 2024 as we celebrate the inauguration of our facility in Wheeling, Illinois. Esco USA Inc is thrilled to announce our open house event, beginning at 2 PM, where you'll have the exclusive opportunity to tour our facility and discover the innovative technologies driving our success. Afterward, we invite you to join us for an evening of networking and celebration at the Westin Hotel in Wheeling. Starting at 7 PM, indulge in a delightful dinner while connecting with industry peers, partners, and the Esco USA team. We extend a warm invitation to all members of the SABC to join us for this momentous occasion. Kindly confirm your participation by emailing us at usa.sales-services@escomatic.ch.
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Solutions in every direction
 Fracht Group, a leading international freight forwarder, brings together Swiss precision and excellence with a global footprint that spans over 150 worldwide locations and 2,500 + employees. With our roots in Switzerland, we are known for our unwavering commitment to quality and reliability. Fracht Group is deeply committed to Sustainability. Our team is dedicated to upholding by fostering positive impacts on communities and maintaining high governance standards in our business practices. When you choose Fracht Group as your freight forwarding partner, you can trust that your shipments will be handled with a strong emphasis on sustainability and responsible business practices.
Contact us today: info@fracht.com
 Fracht Group – North America
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The German International School Chicago (GISC) is an IB World School that provides students with a bilingual, international education from Preschool through Grade 8. Low student-teacher ratios enhance the individualized and supportive learning environment. GISC is an open-minded, diverse, and international learning institution with a strong sense of community. GISC prepares students to become well-rounded, creative, and responsible global citizens. International families can learn more via GISC’s new Expat Brochure. Non-German-speaking students are welcome to apply through Grade 6. Learn more today and schedule a tour!
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Focused on employment and labor law since 1958, Jackson Lewis P.C.’s 1,000+ attorneys consistently identify and respond to new ways workplace law intersects business. We help employers develop proactive strategies, strong policies and business-oriented solutions to cultivate high-functioning workforces that are engaged, stable and diverse, and share our clients’ goals to emphasize inclusivity and respect for the contribution of every employee.
With more than 60 office locations across the U.S. and in Puerto Rico, Jackson Lewis provides local representation to employers navigating the ever-changing array of laws and regulations governing the rights and responsibilities of employees. The firm also has national practice groups that ensure our attorneys are equipped with the latest resources to advise clients facing a variety of employment law matters.
Additionally, Jackson Lewis is a founding member of L&E Global, a global alliance of premier employer’s counsel firms providing customized, business-focused advice on employment law matters. The client-centric alliance among member firms assists in finding the right combination of Jackson Lewis and local counsel expertise based on the problem at hand and client needs. With presences spanning across six continents, L&E Global member firms focus on understanding their clients, their sectors and their markets while building long-term business relationships.
“Our attorneys understand that employment matters arise in many different business contexts and are often intertwined with cross-border issues,” said Indianapolis Office Managing Principal Brian L. McDermott. “By merging local expertise with national resources, we offer inventive, strategic solutions for employers worldwide. This distinctive approach defines Jackson Lewis.”
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ASC 326 – Credit Losses on Financial Instruments – what actually changed?
The FASB released new codification (US GAAP) for the allowance for credit losses, formerly known as the allowance for bad debt. But what actually changed for your company? The new codification requires the consideration of not only past and current information when calculation the allowance but also an estimate of future developments. Further, pooling customers by certain characteristics is now required.
As usual, new accounting standards can be complex. Rödl & Partner USA is happy to guide you through these changes. We have experience with the new standard and are happy to share our knowledge. Please reach out to Christian Hock (Christian.Hock@roedlusa.com) for further questions and help with these changes.
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Swiss Machining Gets a Boost with Innovative Technology
Tornos, a renowned leader in CNC Swiss-type lathes, has once again revolutionized the industry with their award-winning Swiss XT machine. This innovative machine recently garnered recognition for its exceptional capabilities, solidifying Tornos' position at the forefront of precision machining.
What Makes the Swiss XT Special?
The Swiss XT boasts a range of features designed to elevate efficiency and productivity. Here's a glimpse into what sets it apart:
- Unmatched Versatility: The Swiss XT tackles a wide spectrum of machining challenges. Its ability to handle complex geometries and intricate details makes it ideal for the production of miniature and micro-components across various industries, including medical, automotive, and watchmaking.
- High-Speed Performance: The machine prioritizes speed without compromising on accuracy. Its advanced design allows for faster cycle times, leading to significant production increases.
- Enhanced User Experience: The Swiss XT features an intuitive interface that streamlines operation and setup. This user-friendliness minimizes training time and ensures smooth production workflows.
- Focus on Sustainability: Tornos prioritizes eco-friendly practices. The Swiss XT is designed for energy efficiency, reducing operational costs and environmental impact.
 Award Recognition for Innovation
The Swiss XT's impressive capabilities have not gone unnoticed. The machine recently received an industry award, a testament to its groundbreaking design and exceptional performance. This recognition highlights Tornos' commitment to continuous development and pushing the boundaries of Swiss-type lathe technology.
The Future of Swiss Machining
With the introduction of the Swiss XT, Tornos ushers in a new era of Swiss machining. This machine empowers manufacturers to achieve unparalleled precision, efficiency, and sustainability. As the industry embraces this innovative technology, we can expect even more advancements and exciting possibilities in the world of precision machining.
Don't Miss Tornos and Starrag at OMTEC 2024: Experience the Future of Manufacturing
Gear Up for Groundbreaking Technology and Unparalleled Expertise
Mark your calendars! OMTEC 2024 is just around the corner, and Tornos and Starrag are teaming up to showcase the future of manufacturing. This is your chance to witness cutting-edge technology firsthand and gain insights from industry leaders.
A Collaboration Powerhouse
Tornos and Starrag, coming together at OMTEC 2024, represent a powerhouse of manufacturing expertise. Their combined knowledge and innovative technologies provide a one-stop shop for all your production needs.
Stay Tuned for More
Tornos is dedicated to shaping the future of CNC machining. To learn more about the award-winning Swiss XT and explore how it can revolutionize your production process, visit the Tornos website or contact their representatives.
Contact & Follow Us:
Tornos Technologies US Corp.
200 E Howard Ave, Ste. 220
Des Plaines, IL 60018 USA
P: 630.812.2040. | F: 630.812.2039
E: info-us@tornos.com | W: www.tornos.com/us
TORNOS - We keep you turning
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American Lamprecht Invests in Global Team Relationships
This spring at American Lamprecht, we’re focused on working closely with our parent company in Switzerland and partners across the globe. Recent visits by sales and business development managers from Switzerland and Dubai offices have strengthened and energized working relationships with the U.S. team. “It’s such a benefit having colleagues working closely together, both overseas and in the U.S.,” says sales manager Delia Hines. “It closes any gaps and reinforces seamless services to our clients on both ends. It’s really important to our company's core values.” Our increased travel goes hand in hand with our commitment to customer service. It became clear this year that we needed to expand our robust sales team to maintain client focus. ALT has been excited to welcome new sales personnel to support business growth. American Lamprecht continues to provide tailor-made solutions for international transport of goods as we pursue new developments this season.
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Leveraging cutting-edge technology and innovation, we provide real-time tracking, data-driven insights to optimize your supply chain. Our airfreight services between the United States and Europe offer reliable, efficient, and seamless transportation solutions. We offer premium services, paired with quick and reliable transit times.
Röhlig USA recently achieved the International Air Transport Association (IATA) CEIV Li-batt certification in both Chicago & New York. This is a testament to our commitment to safety and compliance in the lithium battery supply chain. This certification follows a rigorous process of employee training, on-site assessments, and final validation, ensuring that our operations meet the highest safety standards.
Let us streamline your logistics and propel your business forward. Contact your local Röhlig representative today and experience the difference.
Röhlig is an owner-operated logistics company which offers its customers services in the areas of sea freight, air freight and contract logistics. The family-owned company was founded in 1852 in Bremen, Germany. Today, it employs 2,500 staff members in over 30 countries. Its US subsidiary is represented in 13 key cities and has around 250 employees.
More information: www.rohlig.com
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