AICC Sets Annual Professional Seminar
SPECIAL FOR THE AJT //
While economic uncertainty and geopolitical issues present ongoing challenges, U.S.-Israel business continues to flourish, and the Southeast retains its position as one of the top centers in North America for this economic activity. Trends related to this phenomenon will be the focus of the Professional Seminar presented by the American-Israel Chamber of Commerce (AICC), set for Aug. 20 with the theme “Accelerating Southeast-Israel Growth: Mergers & Acquisitions, Investments and Partnerships.”
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The half-day program is designed specifically for businesses and professional firms, whether pursuing business or looking to increase their effectiveness with clients and customers. Participants will learn why Israel is a major force in our regional economy and how to get involved in this mutually beneficial activity through innovation, investment, legal considerations, business culture, trade, mergers and acquisitions.
Presenting the luncheon keynote will be Shai Robkin, newly appointed President of the American Israel Chamber of Commerce, Southeast Region. Robkin will share his unique perspectives on Southeast-Israel business opportunities and vision for taking the American-Israel Chamber to its next level as the most effective organization of its kind in North America.
The Professional Seminar will also feature:
- Israeli Headquarters Case Study: Caesarstone
Kibbutz Sdot Yam-based Caesarstone is the original quartz surface manufacturer and leader in its field. The NASDAQ-traded company has a market cap of $1 billion and has committed to a new manufacturing operation in the U.S. with production starting in late 2014 and will invest $75 million in the plant in addition to $13 million to expand its Israeli production lines. The company also recently announced a collaboration with IKEA USA to be its exclusive supplier of non-laminate.
Yair Averbuch, CFO, will discuss the considerations guiding this manufacturing company as it selects its US location.
- Israeli Company Presentation: Lightapp Technologies
Herzliya Pituach-based LightApp has become the number-one vendor for industrial energy management software, helping customers around the world manage and save on their energy consumption and costs as well as reduce risks. Real time data collection enables quick implementation and high quality and reliable data streaming in real time.
LightApp’s CEO, Elhay Farkash, will present the company, its journey to the U.S. market and focus on Atlanta and the Southeast.
- M&A Case Study: SintecMedia and Argo Systems
Jerusalem-based SintecMedia acquired Atlanta-based Argo Systems in January.
The deal brought together SintecMedia’s powerful OnAir, a scalable, all-in-one broadcast management solution for media companies and its line of related products with Argo Systems’ unparalleled management solutions exclusively designed for Pay TV channels and multichannel video distributors.
Bradley Reznik, SintecMedia’s Director of Client Services, will discuss the benefits to both sides of the deal and the challenges of integrating an Atlanta technology company with its new Israeli parent company.
Also part of the seminar will be a presentation on “Capital Funding and Investment Models for Israeli Companies Seeking to Enter the U.S./Southeast Market” and “Israeli Investment and Partnership in the Southeast Real Estate Market.” Cost for participation is $90 for Chamber members and $100 for non-members.
Professional continuing education credits can be earned by attorneys and accountants. Sponsorships are also available. Contact barry@aiccse.org for further information.
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