#PartnerInNY4Business
In this Issue:
  • German American Business Outlook 2022 Report
  • Additional upcoming events
  • GACC NY welcomes new members
  • STEP Alumnus INERATEC secures major funding
  • Trade fair updates: Laser World of Photonics in April
German companies remain bullish on US market
93% expect their US sales to increase in 2022
Despite the pandemic, 93% of German companies in the US expect their sales to increase in 2022. That's one of the many key findings in our newly-released German American Business Outlook report, GABO 2022.

More than 100 participants completed the survey this year to provide us with a robust report. Our GABO 2022 virtual event took place on January 26, with more than 300 people signing up to learn about the results, featuring presentations by Andreas Glunz of KPMG Germany and Matthew Luzzetti, Chief US Economist at Deutsche Bank New York.

The event included a spirited panel discussion with CEOs: Bonnie Tully of Evonik, Jan Heck of Miele, Crispin Teufel of Lincare Holdings and Peter Riehle of Wittenstein North America. We thank them all for their participation and support.

This year's GABO report focused on how the pandemic affected German companies in the US, including how they pivoted their operations to face challenges such as supply chain bottlenecks and labor shortages.

The GACCs in the US have conducted the German American Business Outlook survey (GABO) for more than 10 years. Its insights into the business activities of German firms operating here have been extremely valuable to a wide spectrum of stakeholders in the transatlantic community.
UN Procurement Seminar NY - Business Opportunities with the United Nations
February 16 & 17
This seminar offers German companies the rare opportunity to connect with UN procurement staff in virtual group meetings. 
Virtual German American Forum on Offshore Wind Energy
March 22 | 9:30 AM - 12 PM
Experts from Germany and local US innovators will discuss ways to collaborate on technologies and solutions in the fields of offshore wind energy from both sides of the Atlantic
If you want to learn more about our new or existing members, please log into our Membership Portal to connect, browse through other member profiles or renew your membership.
INERATEC closes $20 M+ Series A financing round to scale up sustainable e-fuel production
Our STEP USA alumnus INERATEC continues on its path to growth and success. The innovative company recently announced its new and existing partners have provided more than $20 million in growth capital to scale up INERATEC's sustainable e-fuel production.

Synthetic fuels and materials from CO2 and green hydrogen will be cornerstones for the industrial de-fossilization. With new stakeholders Engie, Safran and MPC, in addition to capital from the energy sector, the aviation sector and the shipping sector, INERATEC is setting up the capacities to make sustainable affordable e-fuels and e-products available for everyone.

Career Services
The GACC NY supports companies in recruiting skilled personnel as well as applicants in finding permanent employment or internships in the US through posted job advertisements.

The following positions are currently available:


GACC NY also is an official sponsor for J-1 visas in the categories of "Intern" and "Trainees."

For the most current visa J-1 status, please contact us at visa@gaccny.com and visit our website at www.go-j1.com.
Trade Fairs
IFAT 2022 set for May 30 - June 2

IFAT 2022 will be one of the first major trade shows to take place after the pandemic-related trade show shut down. Climate and environmental protection are once again making their way to the top of the social discussion agenda.

The global environmental sector is forecast to grow strongly over the coming years. The current number of registrations is as high as in 2018. Exhibitors from all over the world are ready to present their technologies and solutions at IFAT 2022. If you are a company in the environmental sector and interested in securing one of the last booth spaces, you can register risk free here.

Contact Karen Vogelsang at kvogelsang@tssworldwide.com for more information.
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CONTACT

James Freeman T: +1 (212) 974-8855 | F: +1 (212) 974-8867 | E: jfreeman@gaccny.com