March 2011Vol 2, Issue 3
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FACC-FL Newsletter

it's exciting times in Palm Beach county for the business community as you can learn from this Newsletter.

We are also happy to welcome our newest Business members the Joki-Pesola Constructions and our Intern from Finland, Mr. Petri Malmi. Welcome to FACC, Florida family!

We continue looking into more ways of how we can offer value to our members and friends.
Please join us for the various events we have during the month of April. Would love to see you!

FACC, Florida

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International Taxation Issues  


FACC, Florida is proud to offer a highly qualified keynote speaker to our members and friends. Please register to this event by April 6th.


M. Cass

Martin Cass, Managing Director, CPA,CVA at Alpern Rosenthal


Mr. Cass has over 30 years of public accounting experience in taxation, litigation support, business valuation and consulting services. He has provided support to attorneys and their clients, and testified with respect to diverse areas of the law including divorce, bankruptcy and insolvency, commercial litigation, fraud investigations, damages and loss of earnings, and personal injury. Mr. Cass has been appointed as trustee by the court and is a former member of the Fifteenth Circuit Florida Bar Fee Arbitration Committee. His consulting services include mergers and acquisitions, business consulting, financial planning and financial management. Additionally, he has served as past President and Director of both the Palm Beach Tax Institute and the Palm Beach Fringe Benefit Council. Mr. Cass currently serves as a member of the Business Development Board in Palm Beach County.


Event Details


Date:       April 20, 2011

Time:       12:30 p.m.  

Location:  Benvenuto Restaurant

Address:  1730 North Federal Highway

                 Boynton Beach, Florida 33435

Fee:         $35.00 / member and $45.00 / non-member  


RSVP by April 6th, 2011 with payment.

Please write checks payable to FACC, Florida Inc. and mail to:  

523  Lake Avenue, Lake Worth, FL 33460   

For questions contact us at   



Economic News from Florida  


Housing Market News

The lingering weakness of America's HOUSING MARKET was ever more apparent with the release of data showing that construction starts of new homes had plummeted by 22.5% in February compared with January, the steepest fall since 1984. The number of building permits issued fell to

the lowest level in 40 years.

There was more dismal news, as the S&P/Case-Shiller home-price index for 20 cities fell by 3.1% in the three months to January from the same period in 2010. S&P said none of the data pointed to "any form of sustained recovery".


Florida´s new governor, Rick Scott promising to create 700,000 jobs in seven years

He lists his priorities to be: reduce state spending, lower taxes, hold government accountable, Make Florida the number one state for job creation, and Create a world class education system. Read more about his statement and his plans on achieving them here.  


The International Economic Forum of the Americas in Palm Beach 

The 1st annual Palm Beach Strategic Forum will be held April 4th, 2011 at the Palm Beach Convention Center. The Forum aims at promoting an exchange of views and perspectives on pressing economic issues of our times among world leaders, renowned experts and business executives.


The International Economic Forum of the Americas works in close collaboration with international organizations such as OECD, IMF, World Bank, UNESCO, development banks as well as leading companies, universities, and national/local authorities.


Chromalloy´s opens a new technology center  in Palm Beach Gardens, FL - bringing 70 new jobs and making county's aerospace, aviation, and engineering cluster stronger 

Chromalloy announced that it is developing a new Technology Center of Excellence in Palm Beach Gardens, Florida, dedicated to the research and development of services for gas turbine engine including repairs, parts and coatings. Chromalloy also intends to move its corporate headquarters to Palm Beach Gardens as opposed to current location in Orangeburg, N.Y.  

 As the world's largest independent supplier of technologically advanced repairs, coatings, and FAA-approved replacement parts for turbine airfoils and other critical engine components for commercial airlines, the military and industrial turbine engine applications, Chromalloy counts as its customers many of the world's major airlines. Chromalloy has locations in 17 countries and has operated in the industry for 60-years.

 Chromalloy recently unveiled the development plans to employees and will begin building out the leased 30,000 square foot facility in Palm Beach Gardens with labs, office space and a 10,000 square foot warehouse. Excellence and headquarters facility will be completed by the fourth quarter of 2011.

 Armand F. Lauzon, Jr., President stated that the area in West Palm Beach is well suited for the business in question due to large aerospace and engineering community. The company has also worked closely with the State of Florida and Office of the Gardens as well as the Palm Beach Gardens City Council. Read the whole story here.  


The United States economy is growing faster than the rest of the world's richest industrial nations 

Measured in growth, the American economy has outperformed those of Japan, Britain, German and France - every group of 7 developed nation except Canada, according to The Associated Press' new Global Economy Tracker, a quarter analysis of 22 countries representing more than 80 percent of global output. The down side of this is that the US is creating less jobs than is needed.  However the U.S. unemployment rate fell to 9 percent in January and 8.9 percent in February.

According to the AP study the fastest-growing countries were China, India, Indonesia - are all in the developing world. The slowest are all European: Spain, Italy and Britain. The United States ranks 12th among the 20 largest economies plus Argentina and South Africa.

Congratulations to the new Mayor of  

West Palm Beach 



FACC had an opportunity to hear the Mayor-Elect, Jeri Muoio addressing the business audience at the Business Development Boards breakfast meeting at the Colony hotel in Palm Beach March 30th.


Jeri Muoio was appointed to the West Palm Beach City Commission in 2006 and was reelected in 2007 and 2009. Jeri holds a doctorate in Education Leadership from Syracuse University and worked for many years as a school district leader.

As a Commissioner, Jeri Muoio served as Commission liaison to several City Committees including the Cultural Committee, The City Green Task Force, The Water Catchment Advisory Committee, the Education Advisory Committee and she is a member of the Metropolitan Planning Organization.  


At the breakfast, Jeri Muoio addressed the business audience with her 10 Point Job and Economic Development Plan for the city.


  1. Marketing West Palm Beach
  2. Improve the Construction Service, Planning and Permitting Process
  3. Dedicate Infrastructure that is Business-Ready and Business Friendly
  4. Focus on Creating Job and Business Clusters
  5. Build on Digital Domain
  6. Assist local small-business and companies to stay or help them expand
  7. Create Programs for Workforce Training
  8. Utilize Education to Attract Jobs
  9. Utilize our Recreational and Cultural Opportunities to Bring Dollars to Our City
  10. Prioritize Building A Convention Hotel


It is encouraging to see the commitment that the city continues to have in developing the business structure of the city.  


We look forward of these improvements and we which her best of luck in the new leadership role.


Leaders from HYRIA Education, Hyvinkää, Finland visiting Palm Beach State Collage,  

Boca Campus in May

Representative from HYRIA will meet with Palm Beach State Collage (PBSC) Dean, Dr. Gallon and other faculty members discussing possible future co-operation between these two collages. Hyria is a multidisciplinary educational institution providing vocational education for young people and adults and various training alternatives to corporate and community customers.
The visitors from Hyria are Director of Industry and Transport, Mr. Arto Lehtola and Vice President Ms. Kirsi-Liisa Virta, in charge of adult education and international relationships. 
Both collages want to strengthen their international relationships and naturally the whole larger community will benefit from such diversity and exchange of knowledge.

More information about HYRIA at  and PBSC

FACC, Florida has been successfully involved in arranging the meeting with these two collages and wishes best of luck in the future negotiations.

Introducing New Members

Business Member - Joki-Pesola Construction

 Jouni Joki-Pesola, owner of Joki-Pesola Construction is a Florida State Certified General Contractor and a Certified Solar Contractor who has operated in Lake Worth and Palm Beach County for over 30 years.

Company's core areas include re-designing and renovating kitchens, living rooms, bath rooms, and any other remodeling. Joki-Pesola has also operated outside Florida state, for example in The Bahamas, Texas and California.

 The company also offers energy production solutions by using solar energy. The Florida state supports these kind of eco friendly households and Joki-Pesola's company is capable of providing an option to create households that are capable of running purely on solar energy.

 Joki-Pesola Construction has been involved in renovating many historical landmark buildings in the Palm Beach area. The company continues to provide reliable design and solutions regarding to constructing and renovating.

 For more information, John Joki-Pesola can be contacted via phone (561-768-1511.)


Introducing a new student intern Mr. Petri Malmi from Finland 

My name is Petri Malmi, I'm a 22-year-old international business administration student from Tampere University of Applied Sciences. I have lived a fair share of my life in Tampere-region, but I'm originally from a nearby town named Nokia.

I'm currently doing my internship/practical training in FACC and Honorary Consulate.

I've studied international business administration for 3 years now with a major in logistics. My other study interests include IT and international affairs overall. I've also performed studies in Sweden. On my spare time I'm a big nature and outdoors enthusiast with experience in hiking and hunting for example.

The reason I came here to perform my practical training, was that I've always been interested in United States as a country and have experience the vivid business culture. I became interested in Florida when I heard that FACC and Honorary Consulate in the area were looking for an intern. I figured that these two organizations could provide me with good experiences and contacts that may help me further when I graduate. The weather is also nothing to complain about.


Note from the Board: You may be hearing from Petri as he will be helping us in many ways until end of August. Welcome Petri! 


Lady Atlantic's Dinner Cruise on Friday April 29th in Delray 


Join other FACC members on a Dinner Cruise on Lady Atlantic, Friday 29th of April. The five star cruise will travel via Boca Intercoastal.


Boarding beings 6:30pm.

The departure is 7:00pm, return 9:00pm

 The cruise lenght is 2 hours.  



The pricing depends on the menu of choice, the options include following;


Little Italy At Sea Buffet:

Caesar Salad, Chicken Parmesan, Penne Alfredo, Meatballs Marinara, Chef's Choice of Dessert, Coffee & Tea.
$37 per person

Prime Rib Buffet:
Tossed Garden Salad, Oven Roasted Prime Rib of Beef with Au Jus, Mashed Potatoes, Vegetable Medley, Chef's Choice of Dessert, Coffee & Tea.
$48 per person


All reservations should be made 2 weeks prior the departure date, preferably before 15th of April at Delray Beach Cruises ticket office 561-243-0686.


For more information, visit  Delray Beach Cruises. 


Consulate Corner


The Finnish Parliamentary Elections 2011 - advance voting in the United States


The advance voting dates in Florida are  

April 7th from 10:00 AM to 6:00 PM and  

April 8th from 9:00 AM to 2:00 PM  

The voting day in Finland is April 17, 2011.


The voting will take place at  


301 W. Central - Finlandia Boulevard

Lantana, Fl 33462-4575

The voters are required to present valid photo identification to the election officer. It is also good to bring along the notice of the right to vote. It is also highly important to know which electoral district the voter belongs to.
The Population Registration Centre sends to all Finnish citizens whose address is registered in the Population Information System a notice of their right to vote.

For additional information, contact Florida's Honorary Consulate 561-582-2335.


Monthly Networking/Bowling Event - April 7th

Don't forget our monthly bowling/networking event on every first Thursday of a month.bowling

Place: Palm Beach Strike Zone
Time: 7-9 p.m.
Price: 2 hours bowling, shoes, pizza and soda

You don't need to be a pro to join us, just bring a good attitude and you are guaranteed to have fun!
"Tervetuloa Floridaan"- Welcome to Florida  
Welcome to Florida
Stop by and get your Welcome to Florida, "Tervetuloa Floridaan" brochure while it last.

The brochure offers practical advice for new comers in many areas, such as how to start credit history, open a bank account, get drivers license, about traffic, schools, health care and much more.

It also makes a great welcome gift to your client and by adding your own logo to the back you can personalize this gift and make your clients feel welcome!

The brochure cost is $5.00/members and $6.00/future members.
Bulk pricing starting from $3.00 available for orders more than 10 pieces.

Inquire by sending an email to or visit us at 523 Lake Ave, Lake Worth, FL



Send your message to 170 readers of FACC-FL newsletter.
Special pricing for members



We would love to hear from you if  you have suggestions or ideas how we can better serve you. Don't hesitate to call or send a suggestion to
Let us know how we can make your business more successful!


Lena Hartikainen
Finnish American Chamber of Commerce