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Newsletter
Finnish American Chamber of Commerce, Florida
Issue11 Volume3
  November 2012

Greetings!

 

according to resent study by The Thomson Reuters/University of Michigan's consumer sentiment is at highest in five years. People are more optimistic about prospect for the economy and their own finances. 

Additionally, the latest international trade numbers show that $5.68 billion worth of goods left Florida for international markets in August, up 7.1 percent from July's $5.31 billion, a new report from Durham, N.H.-based e-forecasting.com shows. 

Another report shows that Florida's rich are 20 percent richer than in 2007. Many more exciting news to read here on our newsletter. 

Interesting to see how these reports will effect the November 6th voting.

 

Remember to vote.

 

At your service, 

 

FACC-FL Board

Join FACC-FL
 

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Cruise and Marine industry trends luncheon with her Excellency Ambassador Ritva Koukku-Ronde 
November 30th, at the
Phillips Point by the Breakers

 

FACC is offering you a unique opportunity to have 

lunch with the Finland's New Ambassador and 

hear what is the latest in the Marine/Cruise industry.

 

 Keynote speakers:
Ritva KR  Harri KulovaaraIlkka Seppälä
Ritva Koukku-Ronde, Ambassador of Finland to the United States
Harri Kulovaara, Executive Vice President of Royal Caribbean International
Ilkka Seppälä, CEO Marinetek Group 

 

Friday, November 30th
Time: 12noon -2pm
777 S. Flagler Drive, Club Level 
West Palm Beach, Florida 33401 

 

 

Regular tickets will be for sale on our website www.facc-fl.com or by calling 561 582 2335. 

Tickets include buffet style lunch and valet parking

Pricing: $50.00 member and $60.00 non-members

RSVP with payment by Nov 16th

 

Limited sponsorship opportunities:
With a $300.00 donation you will:
- be seated in the VIP table with other dignitaries

- get 2 tickets to the event, including buffet style lunch

- get recognition for your company

 

If you are interested in sponsorship, please email the board at info@facc-fl.com

or call 561-582 2335

 


News from Florida

Florida's affluents report they are 20% richer

Approximately 50% of Florida's affluent residents reported a 20% increase in their net worth since 2007 and more optimism about the economy, according to

PNC Wealth Management's Wealth and Values Survey Investors, Outlook, the South Journal Florida Business Journal reports. Read more here. 

South Florida housing starts jump 41% in the Q3

South Florida's quarterly single-family housing starts rose 41.2 percent in the third quarter from a year ago and 9.4 percent from the prior quarter, according to new data from Metrostudy. More about the report here. 

Miami-Dade hotel market attracts increasingly more buyers.

After a recession-fueled pause, when visitor numbers dropped and financing dried up, Miami-Dade is in the throes of a hotel buying-and-building boom. Or, more appropriately, a re-building boom.

"Miami is a hot market now, so it's hard to get a hotel," said Keith Menin, principal of Menin Hotels, which is developing the latest - but certainly not last - addition to the busy scene. Read full article here. 

Florida adds 4,200 construction jobs in 12 months

Florida added 4,200 construction jobs, an increase of 1.3 percent, according to analysis by the Associated General Contractors of America of Labor Department data. 

Read full analysis.
Palm Beach County is now home to the world headquarters of all four security industry giants
It may seem odd that all four firms have located to the same area, but Smallridge said state and local officials have been aggressive in offering incentives to woo the companies.
And there's another reason that Palm Beach County has become the security capital of the nation. Says Smallridge: "CEOs like to live in Palm Beach."  Full story here.
Florida continues its reign as one of the nation's Top 5 best states for business taxes
While taxes are a fact of life, not all tax systems are created equal. One measure, total taxes paid, is relevant but other elements of a state tax system can also enhance or harm the competitiveness of a state's business environment. The Index reduces many complex considerations to an easy-to-use ranking. For the full report click here. 
Florida ranks #3 in the nation for high-tech startup companies founded by immigrant entrepreneurs.
From the 107,819 engineering and technology companies founded in the last six years, the study examined a random sample of 1,882 companies in a nationwide survey. Of those companies, 458 had at least one foreign-born founder. Immigrant founders, who are most likely to start companies in the innovation/manufacturing-related services (45 percent) and software (22 percent) industries, employed about 560,000 workers and generated an estimated $63 billion in sales from 2006 to 2012, underscoring the continuing importance of high-skilled immigrants to U.S. economic expansion. Read full article here.
Florida ranks 4th for most women-owned businesses
Florida ranks fourth for the most women-owned businesses, according to the State of Women-Owned Businesses Reportcommissioned by American Express OPEN. Florida has an estimated 587,600 women-owned firms that employ 473,100 workers and have roughly $77.6 billion in revenue. Read more here.
Expedia CruiseShipCenters plans retail and sales centers in South Florida
Matthew Eichhorst, president of Expedia CruiseShipCenters, said there has been more interest for the South Florida area than anywhere else in the entire U.S. Travel agency Expedia CruiseShipCenters wants to build four retail and six sales center franchises in Fort Lauderdale, Orlando and Winter Haven over the next year. Read full article here.
State plans to pick a winning bid for train from South Florida to Orlando on Dec. 18.
Plans must be submitted by Dec. 7, along with a $10,000 check to cover review costs by theFlorida Department of Transportation. Interested parties also must attend a mandatory meeting on Nov. 13 at FDOT headquarters in DeLand. FDOT plans to pick a winning bid on Dec. 18. Read more here.


News from Finland

 

Finnish crime movies arrives into the U.S.
The distribution rights of the Finnish detective films Vares have been sold to North-America, South-America and Europe.
The distribution agreements were signed in MIPCOM which is the largest international television and entertainment business sales event. Read more here.
Finnish BetterDoctor goes nationwide in the USA
The Finnish startup BetterDoctor, located in San Francisco, has launched its doctor-search site nationwide in the USA. Every year, around 70 million people in the United States set out to find a new doctor, and the BetterDoctor is trying to cure this need. Learn more here.
Several Finnish companies listed in a top global sustainability index
Nineteen Finnish companies have been listed in a top global sustainability index.  The companies have been included in to STOXX Global ESG Leaders Index which consists of companies which are seen as the global leaders in environmental behavior, social sustainability and corporate governance. Read more here.
US patent granted for Biohit's cancer invention
The BioFood method, developed by Biohit, has been granted a patent in the United States. The method aims at reducing the amount of acetaldehyde exposure through food intake, which is the single most significant factor in the development of cancers in the upper gastrointestinal tract. Read full article here.
Finnish invention gives a voice to those who can't talk
Patients will soon be able to get their voice back with the help of a new voice prosthesis. The new prosthesis can produce more age-appropriate voices and can also express affective states. Learn more here.
Nokia of the greenest companies worldwide
Nokia, the Finnish mobile company, has been named one of the greenest companies in the world in Newsweek's Green Rankings 2012. Nokia has climbed seven places from last year, and is ranked as a number 14 by its environmental credentials. Read more here.
A cloud-based record Label Music Kickup expands to New York and Singapore
Music Kickup is a community platform for artists, offering tools for making music, among other things. The service also enables global networking, helping artists to increase their chances of achieving musical success. Music Kickup offers musicians both digital and traditional forms of distribution. Learn more here.
Gender gap narrows even more and Finland ranked #2 in the world.
Finland has moved back up to second place in an annual report by the World Economic Forum which looks at how well resources and opportunities are divided among men and women. The study notes that there is no gender gap in Finland when it comes to educational attainment and health and survival, giving the country top marks in these categories. Read full report here.
Education export gets off to a flying start
Finnish education expertise is emerging as a new and exciting export product. One of the engines behind this new development is Finpro's three-year Future Learning Finland programme. The markets are already showing promise in Saudi Arabia. Read more here.


Introducing a New Member

 
Marine services world wide

LCL Engineering provides turn-key repair and refurbishing services for commercial vessels, including cruise ships, ferry's and freight carriers around the world. The expertise of our technicians cover a wide range of marine service applications, from the technical to the interior and deck.

LCL Engineering is headquartered in Pompano Beach, Florida, with field offices in Helsinki, Finland, Guayaquil, Ecuador and Sydney, Australia.  
LCL Engineering offer solutions to our customers, from the planning stage to complete turn-key implementation. To meet our customers' needs our technicians and equipment are available anywhere in the world on short notice to perform inspections, job site assessment and undertake the task at hand.

Member introduction


  

Peter J. Makila AIIC, CCIB has 40 years experience in Property Casualty Insurance which includes company, agency and brokerage in all likes of insurance. His experience and expertise in Commercial and business insurance is valuable for any business owner. Also his knowledge in personal nes, auto, home and condo is recognized by his customers
He is also licensed in Life, Health and Investments, therefore, will be able to assist in financial and retirement planning.

Please call Peter at 561-586-5577 or e-mail petermakila@allstate.com for free no obligation quote or review.

Traditional Finnish Christmas Party


 
The second annual Pre-Christmas "pikkujoulu" celebration for you and your staff is around the corner.

Join us for a delightful and traditional Finnish Christmas dinner including raffles, friendly people, great food, and much more.
 

When: Friday, December 14th, 2012
Where: Lake Worth Golf Course map
Time: 6 pm. to 10 pm.
Cost: $38/Member $48/Non-member

The cost includes:

  • Mulled wine (glöki) as a welcome drink
  • Traditional Finnish Christmas buffet style dinner 
  • Entertainment and games
  • Opportunity to win great raffle prices

  

REGISTRATION AND PAYMENTS BY NOVEMBER 30th, 2012.

 

You may send a check payable to FACC, Florida 
at 523 Lake Ave, Lake Worth, FL 33460 or
pay online here.



Bring your whole staff and use this opportunity to show your appreciation for their hard work!

Want more visibility, donate a Raffle price with your company Logo! 
DONATIONS FOR RAFFLES ARE ACCEPTED AND MORE THAN WELCOME 
 


 

  

FACC upcoming events

 

  

  
Welcome to Florida - Tervetuloa Floridaan January 16th 
Targeted towards new arrivals. Information about investments,
 real estate, insurances, banking, car purchasing and more.
This event will be in Finnish - Tapahtuma Suomenkielinen.

Social Media Marketing Seminar February
 
Social media and internet marketing event for members

Golf Tournament March
 
Networking and golfing

  

Palm Beach Strategic Forum April 8-9, 2013
International economic forum
More information on the event website.
 
We are also working on creating a forum around education possibly in February. Stay tuned. 


Other events

  

Battlefield to Business: Government Contracting for Small Companies

    

November 16, 2012  

 Boca Raton, Florida

 
Join the Small Business Development Center at Palm Beach State College for the second annual "Battlefield to Business". This event will feature expert advice from veterans, agencies and successful contractors as well as information on how to land prime government contracts.

 

 

Latin America & Caribbean Aviation Summit  

 

December 3-5, 2012
Miami, Florida

  

To facilitate a high-level dialog with aviation interests in the Latin American and Caribbean (LAC) region, the U.S. Trade and Development Agency, in cooperation with the Federal Aviation Administration, will sponsor the Latin America & Caribbean Aviation Summit. Summit topics and project briefings will focus on air traffic control modernization, airport infrastructure, aviation safety and security, IT management and green airport technologies in the region. The Summit will promote specific commercial opportunities for U.S. businesses and seek to expand overall trade opportunities.

 


 

We hope you find this newsletter useful and we love to get feedback and suggestions how we can make it better. We also have many volunteer opportunities within the chamber so let us know how you want to be involved.

 

Sincerely,

 

Lena Hartikainen
Finnish American Chamber of Commerce