Chamber Board and Priority (Gold, Platinum, Diamond) members visited Spectrnix/Emerson plant in the southern city of Sderot.  Spectronix/Emerson is a receipient of the 2017 Chamber Excellence Award for the purchase of Spectronix by U.S. giant Emerson and turning the 40 year-old Israeli company to a global leader in fire and gas leak detection equipment.  The visitors toured the plant, received an overview from Spectronix' General Manager Tal Laufer and an first-hand account by (Ret.) General Tal Russo, former head of the Southern Command, of the current status of the security and regional situation vis-a-vis the Hamas controled Gaza strip and southern border with Egypt's Sinai peninsula. The visitors also visited the Gaza border and met with the head of the local Regional Authority Sha'ar Hanegev, Alon Shuster who gave a glimpse of the day-to-day living along the Gaza border. This visit begins a new activity of the Chamber to introduce Chamber members to unique and interesting aspects of the Chamber and the Israeli business sector. Stay tuned. 

Several dozen companies attended a seminar hosted by Chamber member BDO in partnership with the Chamber and the U.S. based law-firm Stroock, Stroock & Lavan LLP.  Greg Briscoe, the U.S. Embassy's Senior Commercial Officer gave an overview of the Israel-U.S. trade relationship and the SelectUSA program for investing in the U.S.  The seminar covered the following topics:

  • Products/technology within the interest of the US Government
  • How to apply for and win a U.S. Government contract or grant
  • Benefits and Risks of a U.S. Government contract
  • Financial and Tax aspects, processes and regulations while working with the US Government
  • US-Israel Defense MOU and the Government point of view

 This seminar addressed CEOs, Business Developers, CFOs, Legal Counsels and other officers within the following markets:

  • Defense & Aerospace
  • Information Technology & Cyber Security
  • Life Sciences / BioTech & PharmaTech
  • Medical Devices

Amongst the speakers were:  Greg Briscoe, Senior Commercial Officer, American Embassy Tel Aviv, Eric Jia-Sobota, National Leader, Industry Specialty Services, BDO USA, Chris Griner, National Security and Government Relations, Stroock, Stroock and Lavan, Andrew Stiles, Southeast Practice Lead, Industry Specialty Services, BDO USA, and Christopher j. Doyle, Corporate, Capital Markets and M&A, Stroock, Stroock and Lavan.

We thank the BDO team headed by Tomer Nitzan, responsible for the Israel-America desk. For more information please contact him directly at: This email address is being protected from spambots. You need JavaScript enabled to view it.

Chamber CEO Oded Rose hosted Florida Governor Rick Scott and a business delegation with over 60 delegates from Florida for a breakfast presentation at the Tel Aviv Hilton. 

At the meeting attended by dozens of Israeli business leaders, the Governor also awarded Chamber member El Al a special award, delivered to CEO David Mimon, for re-opening the Tel-Aviv – Miami non-stop route.

The governor highlighted the strength of the Florida economy as amongst the fastest growing in the United States, and being a hub for both the southeastern United States and its link to Latin America.

U.S. penetration strategies - How effective planning and understanding of the U.S. market helps minimize risks, reduces costs and leads to maximizing opportunities and business success.   Management and practical aspects of setting up operations in the U.S., including: Financial, regulatory and legal aspects will all be covered. Program is in partnership with the Federation of Israeli Chambers of Commerce, Preferred Depot and BDO.  For details and registration Click here.

 

The Chamber initiated cooperation with the Invest in Israel Authority (רשפ"ת) in order to promote foreign direct investment in Israel and enhance cooperation between investing companies for their benefit and that of the State. 
Ziva Eger, Chief Executive of the Authority, met key Chamber members in a round-table discussion where she gave an overview of the new Authority’s structure and goals, and discussed ideas brought by the members regarding the Authority's activities. It was agreed to establish a working committee to facilitate this cooperation.  

With the backdrop of President Trump's declaration of Jerusalem being the capital of Israel that same day, the Chamber celebrated its Annual Award Event “Giving Thanks” in what was a spectacular show of the robustness of the Israel-U.S. trade and economic relationship. The festive event at Ronit Farm, in the presence of Knesset Speaker, Yuli Edelstein, was attended by 500 guests including Chamber leadership, its members, partners and many of Israel's top business executives.

The event also highlighted Corporate Social Responsibility projects carried out by over 30 of our Chamber members depicted in a special poster exhibition at the event.

Chamber Chairperson, Ofra Strauss, was joined by U.S. Senior Commercial Officer, Greg Briscoe and Chamber CEO Oded Rose as they  cited seven Israeli companies for their outstanding contribution to the Israel-American trade, investment and commercial relationship. 

Mr. Michael (Mickey) Strauss received special recognition for life-time achievement for having built strong strategic partnerships for Strauss with some of the world's leading food companies, in particular U.S. based Pepsico, and for his commitment to social responsibility both at Strauss and in the community at large.

El Al Israel Airlines was cited for upgrading its fleet with sixteen Boeing 787 Dreamliner aircraft and for re-launching the nonstop Tel-Aviv – Miami route, and for its "EL AL Ambassadors" program.

To Tower Semiconductor for an outstanding company turnaround, becoming the global specialty foundry leader; for its production facilities in both the U.S. and Israel and for its leadership in corporate social responsibility.

To Gil Shwed and Marius Nacht for their vision and leadership at Checkpoint for a quarter of a century, turning the company into the global cyber security category leader.

For Emerson's acquisition of Spectronix, a Sderot based company, turning it into a global leader in automatic fire and gas leak detection and extinguishing technologies, and its commitment to strengthening Israel‘s periphery.

To AT&T for choosing to build a leading R&D center in Israel, for developing future generations of communications & technologies in Israel, and for supporting the local community and its diversified workforce.

To Lockheed-Martin for the acquisition of fifty F-35 fighter jets, embedding unique Israeli technologies, by the Israeli Air Force as well as providing a large industrial participation program and securing Israel's air-superiority and deterrence for many years to come.

To Dorit (Dodo) Bar Or for the unprecedented rapid penetration of the high end U.S. fashion market by a young Israeli entrepreneur, creating a unique brand, and strengthening the cultural connection between the two nations.

Click here for event pictures and the companie's award videos

The enclosed article is a fictional conversation between two litigators representing an American client with a global distribution network including Israel, who faces a global recall of one of their products.
For the article courtesy of Chamber member Meitar Liquornik Geva Leshem Tal Law Offices and written by Alan Schwartz (Wiggin) and Gilad Schiff (Meitar):