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SABC Winter Newsletter 2023
Thank you to Barnes & Thornburg LLP
for being the prime sponsor of this newsletter!
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 SABC New Corporate Member
We welcome DIAMETAL group as a new corporate member. The DIAMETAL group specializes in the development and manufacture of highly precise, high quality, hard metal cutting tools and wear parts, as well as diamond and CBN abrasive tools/grinding wheels. Along with the tooling and products, Diametal can provide first article qualification services via their applications center and can deliver methods, programming and other parameters for a smooth set up and use at the customer site. Our contact person is Mr. David Kouidri david.kouidri@diametal.com |
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SABC New Individual Member
Xun Mei joined us as an individual member.
She is a A Global Real Estate Advisor with Jameson Sotheby’s International Realty, Xun (pronounced as Shuun) Del Sesto takes her career very seriously. The combination of her in-depth market knowledge, innate business acumen and tireless dedication makes her the perfect advocate for her clients in achieving their real estate goals.
Born and raised in downtown Shanghai, Xun started her career in Beijing as a commercial agent serving Fortune 100 companies and later represented prestigious European firms including a Swiss one in China. She later represented prestigious European manufacturers to spearhead their operations in China. Xun relocated to the U.S. in 1996. She has lived and worked in multiple countries before settling down in Chicago in early 2013.
Her love for this magnificent city and its warm and friendly people propelled her to try her hand in residential real estate – to promote the city of Chicago and showcase its properties to the world.
Xun holds a Master’s degree in International Business Administration. She is also a certified relocation specialist. With Sotheby’s International Realty’s extensive global reach, Xun can assist you sell, buy and invest in real estate locally, nationally and globally.
Beyond real estate, Xun dedicates much of her time, energy, and creativity into giving back to the community. She has served two terms on local school council. She created the popular Lincoln International Festival for Abraham Lincoln Elementary School – now an established tradition. Additionally, the International Coffee Group she founded shortly after her arrival in Chicago has created a home away from home for expats in the city.
So, what is Xun’s tie to Switzerland? At the age of 26, Xun was handpicked by Fritz Studer AG to set up their representative office in China and embark on an unforgettable business development journey. She is forever grateful for the opportunity to run the office independently while reporting to Thun long distance. That trust has profoundly shaped who Xun is today – she always conducts business with the highest integrity, and in the most professional way.
Xun can be reached at: 312 818 8817 (cell/WhatsApp/WeChat), or
Xun@jamesonsir.com |
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Swiss Innovations from 2022 that will inspire 2023
For the past four years, the Swiss American Business Council in Chicago has presented the SABC Swiss Innovation Awards to small and medium sized business for demonstrated innovation in their respective industry. It is our great pleasure to highlight some of these great Swiss innovations from 2022. We recognize Swiss-affiliated manufacturers and service providers in the US Midwest that have made special efforts with products or services that meet an unmet need and provide direct benefits to society, including the US Midwest.
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SABC Christmas Dinner and Fundraiser 2022
On December 7, 2022, the SABC hosted its annual SABC Christmas Dinner and Fundraiser at the elegant Peninsula Hotel Chicago. As always, this event was a wonderful way to network with leading Swiss business persons and companies located in the Chicagoland and Midwest region. We would like to once again thank the event sponsors and donors of items for the silent auction. The sponsors’ and donors’ support were invaluable to the success of the event. For more pictures of the event, please visit SABC gallery.
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SABC Business Directory 2023/2024
The new edition of the SABC Directory is ready!
The Directory includes a wide range of companies and professionals who have ties to the Swiss American business community, particularly in the Midwest region. The Directory is widely circulated, both in hardcopy and electronic from, to hundreds of business professionals throughout the U.S., Canada and Switzerland.
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Winter in Switzerland is in full swing, and there is only one way to round up a perfect day on the groomer – dinner with friends and family around a delicious pot of Fondue. Whether enjoying a fondue in a traditional fondue chalet, a pop-up restaurant, in a fondue gondola, or even as a large-scale event for companies. Switzerland’s fondue offer is extensive and offers something for everybody. Browse our Fondue.
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 The HEULE company was formed in 1961 by Heinrich Heule in Switzerland. Today, HEULE remains a family-owned business. Heinrich developed an application for which there was no existing tool - to chamfer the insides of a fork component at low cost, within a short time, and in a large production run. Our company mission was established - to design cost-effective solutions for automating processes in high-volume manufacturing.
HEULE continues to run on a single-minded passion for designing solutions for complex applications. Through constant development of new solutions for customer applications in various industries around the globe, we have created a series of innovative precision tools for front and back deburring, chamfering, spotfacing, and countersinking.
At Heule Tool Corporation in North America, most of our products are sold as standard stocked items, but our technical engineers can provide custom solutions for specific applications.
A company built on innovation, Heule has recently developed the BSF-Air tool, a variation of the BSF. The BSF-Air is a back-spotfacing tool option for machine tools that do not offer through-tool coolant delivery or for parts that cannot be machined using coolant due to cleanliness reasons. This air-actuated tool provides many of the same advantages of the coolant-through tool, with the added advantage of faster tool activation. Because of its quicker tool functionality, especially high production machine shops, are benefitting from the air-actuated tool.
A higher quality end product starts with more reliable parts. HEULE tools are made with the reliability and quality you need to machine parts with speed and precision, so you can build better, stronger products for the global marketplace.
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Relationships and Team Members the Key to Successful Operations.
Relationships and Team Members the Key to Successful Operations.
Over the past 6 months, travel and visits from parent company Lamprecht have increased.
"Lamprecht is committed to our clients, team members, and vendor partners in the United States. Now that we can travel, we have been enjoying the visits to the United States," said Patrick Imhof, Chief Operational Officer at American Lamprecht.
Swiss members visited several US offices in the fall and attended the annual IMTS Show in Chicago.
"The Switzerland-US trade lane is our specialty and part of maintaining our advantage is the strong relationships we have with the home office in Basel. While we hold a significant advantage with our resources in Switzerland and 9 locations strategically positioned in the United States, our real advantage lies in the commitment of each of our team members in Switzerland and throughout the United States," said Martin Kaegi, Chicago Branch Manager.
Relationships maintained by continuous contact, and now through in-person visits, are strengthening the service provided by American Lamprecht and Lamprecht.
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Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announces the appointment of Joe Kane as CEO of Rollomatic Inc. as of January 1st, 2023.
 Rollomatic is a world-leading builder of CNC tool/cutter and peel grinding machines as well as laser cutting machines based in Le Landeron, Switzerland. Their North American headquarter is in Mundelein, IL with a state-of-the-art machine demonstration and customer support facility. Their sister company, Strausak Inc., is located in the same building.
While being CEO of Rollomatic Inc., Joe Kane will continue to hold his position as CEO of Strausak Inc. The combined companies will further fill out their global presence in providing top solutions for precision tool grinding and other manufacturing applications.
Joe will continue to be based in the company's North America office located in Mundelein, IL. In this position, Joe will oversee all areas related to the operation of the two companies. Joe will lead a team of 4 senior managers who supervise sales and operations on a cross-functional basis.
“Joe’s impressive track record working as COO of Rollomatic Inc. and his ability to communicate and relate to people make him the ideal leader. Such qualities are key to expanding the brand name and drive the ever-evolving new technologies of the companies. We fully expect that his talents will support the profitable growth of the Rollomatic and Strausak business”, said Eric Schwarzenbach, retiring President of Rollomatic Inc. Mundelein, IL. “Joe has proven repeatedly that he has the combination of capability, ambition and high level of customer engagement that will allow the Rollomatic Group to continue to expand and gain market share in North America.
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PERIPHERAL VISION
For machine tool peripherals, it’s LNS, then all the rest.
 Peripherals, by definition, are an outer boundary. But at LNS, that boundary is where we put our focus. Because here’s the secret—with LNS peripherals on their side, our customers are able to turn their attention to what they do best: making chips and making money. That’s why we do what we do.
Five product categories and industry-best expertise means no company on earth can match the passion and vision we have for machine tool peripherals.
We design, build, and stand behind every high-pressure coolant system, bar feeder, chip conveyor, steady rest system and mist collector we sell – we know every model inside and out, we stock replacement parts, and local support is just a phone call away
LNS offers 14 different bar feeders for fixed or sliding headstock machines that accommodate bar diameters from 0.8 mm to 120 mm, many with automatic or no-tool-required quick changeovers
LNS ChipBLASTER high pressure coolant systems provide precise high-pressure force to allow cutting tools to operate at higher speeds and reduce tool wear
eConnect Ethernet communications system that enables data exchange between CNC machine controls and peripherals to reduce material waste and speed production
LNS Turbo chip conveyors handle all chip and material types – models include magnetic and self-cleaning models that filter out 500, 250 or even 50-micron particles
All models of LNS Fox mist collectors exceed OSHA and NIOSH requirements, eliminating oil/coolant mist, smoke and other fine aerosols and particulates
Steady-rest based workholding systems are custom designed and built to address each specific machining application
To learn more visit: www.LNS-northamerica.com
P: 513-528-5674
E: allproducts-sales@LNS-northamerica.com
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Röhlig Logistics is excited to share the expansion of its global network with the opening of a subsidiary in Brazil
São Paulo, 1 January 2023 - The owner-managed logistics company Röhlig Logistics has expanded its global network by establishing a new subsidiary in São Paulo, Brazil.
While Röhlig has now entered the Brazilian market under its own name, it was previously represented in the country by an agent. As Managing Director for Brazil, Röhlig has appointed Rodrigo Simoes. The 42-year-old has nearly 20 years of experience in the logistics industry and says: “The Brazilian market offers many promising business opportunities, particularly regarding the automotive and industrial sectors. Our focus will be on providing a full scope of high-quality services including air freight, sea freight, road transportation and customs clearance with an agile operation to ensure a fast response to our customers’ demands.”
Rafael Ueltschi, CEO of Röhlig USA, explains the relevance of the new subsidiary: “Brazil is the biggest Latin American economy and a major trading partner of the United States. Thanks to Röhlig’s newly strengthened presence there, we will be able to assist our internationally operating customers even more efficiently.”
In addition to the opening of the Brazilian subsidiary, Röhlig Logistics has also expanded its global footprint with a new office in Liege, Belgium, in January 2023.
Rodrigo Simoes, Managing Director of
Röhlig Brazil (Image source: Röhlig Logistics)
About Röhlig Logistics
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 2,400 staff members in more than 30 countries. More information on www.rohlig.com.
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New year also means new laws and regulations for your tax returns. 2023 is no different in this regard, therefore we would like to highlight some of the changes both for 2022 tax provision purposes and 2023 estimates:
• Sec. 174 R&D expense capitalization
Likely the biggest change affecting you starting in 2022 is Sec. 174 Research & Development expenses. In 2022, it was expected that legislation would be passed to reverse the required capitalization of these expenses. However, this is no longer a likely outcome. Therefore, it is necessary that you track your incurred Research & Development expenses, both for purposes of computing the tax provision and return. This might apply to you even if you do not claim Research & Development credits.
• Interest deductions
For 163(j) computations of interest deductions for tax years beginning after 12/31/21, depreciation, depletion, and amortization deductions are no longer added back to arrive at adjusted taxable income (ATI). This could limit your interest deductions starting in 2022.
• Meal and Entertainment expenses
While meals purchased from restaurants were 100% deductible in 2021 and 2022 under the CARES Act legislation, in 2023 we go back to 50% deductibility for most meals purchased.
• Bonus depreciation
Bonus depreciation starts to phase out in 2023. For 2022, bonus depreciation is still at 100%, but starting 1/1/23, only 80% bonus depreciation is available on new assets placed in service. In addition, the maximum section 179 expense available for 2022 is $1,080,000 but phases out after that amount.
As usual, new tax regulations can be complex. Rödl & Partner USA is happy to guide you through these changes. We have experience with the new tax regulations and are happy to share our knowledge. Please reach out to Stefan Duerscheid (Stefan.duerscheid@roedlusa.com) for further questions and help with these changes
Stefan Duerscheid
Manager
SWISS CPA / Dipl.. Wirtschaftsprüfer
T +1 312 857 1979 M
+1 847 630 6303
Stefan.Duerscheid@roedlusa.com
www.roedl.us
Rödl & Partner
Rödl Langford de Kock LLP
Certified Public Accountants, Wirtschaftsprüfer, Steuerberater
55 West Monroe Street, Suite 2900
Chicago, IL 60603 USA
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 Tornos, a global leader in the production of Swiss-type automatic lathes and multi-spindle machines, started in 1880 and marked the beginning of Swiss-type lathe technology. Backed by a 100-year legacy of expertise, attentiveness to detail, innovation, and reliability, Tornos offers unique solutions to customer challenges and applications in a wide range of market segments, such as, Automotive, Medical, Micromechanics, and Electronics.
Each Tornos facility is strategically placed to best serve our customers. Tornos has a global presence in over 80 countries, including two strategic locations in the US - TTUS headquarters in Des Plaines, Illinois, about 4 miles from O’Hare International Airport, and the Northeast US facility in Brookfield, Connecticut, located between New York City and Hartford Connecticut. In North America, Tornos is represented by sales distributors, strengthening our team to provide our customers with quick response times and exceptional in-house Application Engineering & Local Service Support.
Tornos Technologies US offers technical expertise, training, maintenance and more to ensure continuous machining and peak productivity on our world-class equipment. From entry level and mid-range equipment, to highly advanced production solutions, Tornos provides single spindle Lathes, 6 & 8 Multi-spindle high production lathes, and Almac Micro milling machines.
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EROWA Technology, based in Arlington Heights, Illinois, is a full service supplier of palletization and automation systems for the North American manufacturing market. Our goal is to provide complete turnkey solutions for precision parts handling through most any group of manufacturing processes (from one type of machine to the next). We are capable of providing a simple manual palletization system or a fully integrated, custom designed workholding and automation system to meet the current needs and expectations of our customers.
In the market segments of precision mechanics, tool- and mold-making, as well as chip-cutting production, we offer concepts and products that provide customers with considerable optimization possibilities throughout the whole range of machining processes. Primarily, we achieve this through comprehensive knowledge of the application of our products, through individual and customized consultation, and through the use of our Flexible Manufacturing Concept (FMC), which cover the following four areas:
- Standardization (tooling system, tooling technology)
- Organization (setting-up, presetting and measuring technologies)
- Automation (loading/unloading technologies)
- Integration (process sequence, process control and planning technologies)
EROWA Technology, Inc.
2535 S. Clearbrook Dr.
Arlington Heights, IL 60005
www.erowa.com
info.usa@erowa.com
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