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American Chamber of Commerce in Ireland. The collective voice of US companies located in Ireland.

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Presentation on theme: "American Chamber of Commerce in Ireland. The collective voice of US companies located in Ireland."— Presentation transcript:

1 American Chamber of Commerce in Ireland

2 The collective voice of US companies located in Ireland

3 US Investment in Ireland Ireland’s Most Important Economic Relationship €2.7B Contribution in Corporate Tax FDI Stock $73B Exports €55B Employment +100,000 600+ US Firms in Ireland €13.5B+ in Irish Expenditure

4 FDI Highlights 2005 88% of Total FDI into Ireland 71 New /Expansion Projects 57% Greenfield/43% Expansion +€760m Investments 50/50 Split East/Regions 17% South 14% South East 12% Galway 6% Midwest 3% Northwest New R&D Projects: € 275M in 50 Projects +85% TotalUSA

5 2006 Announcements

6 Business Agenda 2006 Cost Competitiveness EU Services Directive Manufacturing Base Labour Force Investment Balanced Regional Investment Infrastructure & Transport 21 Broadband Regional Growth Investment in Knowledge Economy Education & Training R&D activity & support Up-skilling & Lifelong Learning Business Environment Corporation Taxation Regulation/Flexibility

7 Patron American Ambassador James C Kenny President – Fraser Logue Abbott Laboratories Structure CEO Joanne Richardson Board of Directors 2006

8 Regional Structure Midwest Region 59 US Companies Chair: Kieran MacSweeney Vice Chair: Bill Doherty Southern Region 81 US Companies Chair: Mike O’Hara Vice Chair: Paul Duffy NorthWestern Region 19 US Companies Chair : Dr Fraser Logue Vice Chair : Henry McGarvey SouthEast Region 31 US Companies Chair : John Condon Western Region 62 US Companies Chair: Gerry Kilcommins Vice Chair: Seamus Kilbane Supra-Regional Agenda 2006 Air Access Road & Rail Education and R&D Regional Development Planning Cost Competitiveness Environment

9 R & D Product Technology Markets Processes SW dev. Sourcing Components Packaging Information Key staff Operations Production Back Office Tech Support Manage 3rd Party Suppliers SW localisation Logistics Shipping Warehousing Order Fulfillment Customs Sales & Marketing Brand Management Order Entry Channel Management Merchandising International Services Primary Activity Value Chain Added Value and Employment Secondary Activity Corporate Functions ie Treasury Mgt EU Regulation Working Group Taxation Working Group Best Practice Working Group Employee GovernanceCommunity Supporting Operations R&D Working Group Sales Working Group Extending Working Group structure aimed at helping Chamber Members Support and Extend Operations in Ireland Working Group Framework

10 Research & Development Chair:Mike Devane Participating:17 To expand Irelands ability to capture commercial R & D projects EU Regulation Chair:Terry Landers Participating Members : 17 To provide essential early visibility of & response to EU leglislation Chamber Working Groups Taxation Chair: Michael Greene Participating Members : 20 To enhance Ireland’s Competitive Position with an investment friendly tax regime Sales & Marketing Chair:Bob Horastead Participating Members : 19 To Establish Ireland as an attarctive hub for International Sales & Marketing operations HR Best Practices Chair: Barry O’Brien Participating Members: 63 To retain and motivate staff within a competitive & diverse US MNC environment Corporate Governance Chair: Ciaran Ennis To promote a balance between corporate performance & compliance

11 Chamber Strategy 2005-2007 FinancesValue Proposition To Members Regional GroupsWorking Groups Public Visibility Representation

12 Representation & Visibility Recognised voice of authority on US FDI Issues Point of Contact for media & public policy makers Deepening relationships with key Government Departments Ministers, advisors and officials Other semi-state bodies (IDA, EI, Forfas, ESRI etc) Utilizing both Working & Regional Groups to influence change Collaborating with allied industry groups (IBEC etc) Leveraging our public profile to drive business agenda Promoting US investment Ongoing PR strategy to communicate key issues Utilizing key events for targted media messaging

13 European Dimension The American Chamber is an influential player in the EU European Network Amcham EU (Brussels) 36 American Chambers in Europe Collective voice of US industry Lobbying the Commission & Parliament The American Chamber Ireland has a role to play Ireland has the 2nd highest per capita US FDI in the EU Ireland serves as EU/Int’l HQ for many US Companies An Important Voice for US Companies in Europe

14 Chamber Events Regional Member’s Meetings & Briefings – Bi-Annual Briefings – Additional Member’s Meetings as desired – Bi-Monthly Sub-Group Meetings/Conference Calls Working Group Meetings – Per Quarter or as required – Seminars & Workshops (1-2 per Group per year) Business Lunch Programme – 4 Dublin Events (250-350 attendees) – End of Year Reception – 2 Cork Events (125-150) attendees) National Conferences – As mandated Annual Golf Outing

15 Corporate Membership Corporate Membership = €1,500 per annum Membership includes three nominated members from Company Heads of all functions can participate at seminars/lunches/meetings Prime Networking Opportunities Business Lunches/Regional Meetings and Seminars Cost Effective Entertainment existing/target Clients at Business lunches Exclusive Corporate Sponsorship opportunities of Business Lunches, Regional Events, Nationwide Seminars, Golf Classic, Annual Conference Utilise Annual Business Directory to Profile Company (25% discount on advertising/profile rates)Participation on Regional & Working Groups Access to Members Only area to view Membership Database & Directory on line

16 The collective voice of US companies located in Ireland

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