AIAC and AVARA Pharmaceuticals co-sponsor luncheon honoring the Prime Minister of Japan
New York City, NY — September 21, 2023— American Industrial Acquisition Corporation (AIAC) and its pharmaceutical manufacturing affiliate, Avara Pharmaceutical Services Limited (Avara), co-sponsored a private luncheon event in honor of His Excellency Fumio Kishida, the Prime Minister of Japan. Hosted by the Economic Club of New York, the event took place on Thursday, September 21, 2023, in the grand ballroom of the iconic Pierre Hotel in New York City.
The event, commenced with a luncheon at 12:15 p.m. and provided attendees with a unique opportunity to engage in discussions, network, and celebrate the successful US-Japan economic partnership. At 1:15 p.m., His Excellency Fumio Kishida, Prime Minister of Japan, delivered an address, sharing his valuable insights into the current political and economic landscape for Japan and the world.
The full text of the Prime Minister’s address is found at:
https://japan.kantei.go.jp/101_kishida/diplomatic/202309/22economicclub.html
Prime Minister Kishida began with praise for the US-EU-Japan alliance for strengthening the international order and the rule of law and with an appeal to promote nuclear disarmament. He stated that despite Japan’s challenges, which included birthrate declines, inflation, energy insecurity, and climate change, Japan recently achieved an 11.4% growth rate, reflecting the highest growth rate in the G7, and producing the highest stock prices in 33 years.
The Prime Minister then announced bold, new policy initiatives to reform and stimulate the Japanese economy. These initiatives addressed wage structures, women in the workforce, childcare, the environment, asset management, tax incentives, small business support, corporate governance reform, trade zones, R&D incentives, and deregulation. He described the technologies for which Japan can play a leading role, including artificial intelligence, fusion energy, and biotech.
The Prime Minister was then interviewed by Becky Quick, Anchorwoman of CNBC’s financial news shows, On the Money and Squawk Box.
Immediately following the luncheon event, AIAC and Avara Pharmaceutical Services hosted two hours of coffee and cocktails for their clients and friends on the top floor of the Metropolitan Club of New York, located adjacent to the Pierre Hotel.
L. M. Levie, Chairman of AIAC and of Avara, remarked “AIAC has proudly served as a reliable and critical supplier to the most prominent multinational corporations in Japan, including Astellas, Honda, Komatsu, Mitsubishi, Nissan, and Toyota. We are privileged to join the Economic Club of New York in warmly welcoming and honoring His Excellency Fumio Kishida in his visit to the United States.” Mr. Levie, a Member of the Trilateral Commission, the Patron’s Circle of the Japan Society and a Fellow of the Asia Society added, “As the third largest economy in the world, and a steadfast friend and trading partner of the United States, Japan plays a key role in the strength and stability of the global economic system. The Prime Minister’s clear focus on the rule of law and the market economy are directly aligned with vital US and EU interests. Moreover, the Prime Minister’s carefully constructed, comprehensive policy initiatives for Japan will materially stimulate growth, reduce inflation, and attract direct foreign investment. Japan is open for business.”
AIAC and Avara guests included leaders from the worlds of business, finance, law, government, academia, and philanthropy: John DeMay, Chief Excecutive Officer of Astellas US Technologies, Inc.; Jakob Stausholm, CEO of Rio Tinto Ltd.; Ambassador Thomas Hubbard, Senior Director of McClarty Associates; Ed Grebow, CEO Lakewood Advisors, Director of WNET, and former CEO of Sony USA; Margaret Chustecki, MD, CEO of Internal Medicine of Greater New Haven and Assistant Professor of Yale Medical School; Marc Somnolet, CEO of the French-American Chamber of Commerce; Jeremie Sauter, Inward Investment Officer for Business France; Faanya Lydia Rose, Past President of the Explorers Club; Dr. Janet L. Walsh, Director of the Explorers Club and CEO of Birchtree Global LLC; Tomer Regev, Partner of Incentrum Merchant Banking and former Managing Director of Corporate Finance and M&A for Morgan Stanley; Sharon Gonen, Director of Investor Relations at Three Bridges Capital LP; Lisa Strauch Eggers, Esq., Partner of 3D Law and former Senior Foreign Service Officer and Legal Attache, US Embassy in Paris; and David Stringer, Senior Associate of Lakewood Advisors and former Associate of Boies Schiller Flexner LLP.
Representatives of AIAC and Avara included L. M. Levie, Chairman of AIAC and Avara; Amit Arora, Managing Director of AIAC and CEO of Avara; and Robert Blumenfeld, Managing Director of AIAC.
About AIAC
American Industrial Acquisition Corporation (AIAC) is a diversified industrial group with manufacturing and distribution sites in 24 countries in North America, Europe, and Asia. AIAC has acquired and grown non-core subsidiaries and divisions of Boeing, Siemens, Lockheed Martin, Northrop Grumman, Raytheon, Johnson Controls, Merck, Pfizer, Astellas, Visteon, Carlyle, Ahlstrom, Tolko, Groupe Suez, Groupe Rexel, and many other leading multinational corporations.
American Industrial Acquisition Corporation manufacturing companies serve companies and governmental entities worldwide in all major sectors, including aviation, space, defense, automotive, truck, rail, marine, petrochemical, solar, nuclear, food, confectionary, beverage, civil engineering and infrastructure, commercial construction, mining, dredging, disaster relief, education, medical devices, and pharmaceuticals. AIAC companies manufacture materials, components, assemblies, packaging, equipment, and finished products. In addition, AIAC companies are exclusive, authorized distributors of leading branded wire and cable, electrical devices, lighting products, plumbing supplies, construction equipment, indoor and outdoor cooking appliances and fixtures, electronics, cameras, and watches throughout Southeast Asia, Australia, and New Zealand.
AIAC Philanthropy
AIAC and the AIAC Foundation support a wide range of nonprofit, nonsectarian, bipartisan organizations which promote international conflict resolution, disaster relief, economic development, and environmental sustainability. These nonprofit organizations include the following: the Appeal of the Nobel Peace Laureates Foundation Inc., the Asia Society, the Atlantic Council, the Bill and Melinda Gates Foundation - Gates Philanthropy Partners, the Bretton Woods Committee, the Carnegie Endowment for International Peace, the Carter Center, the Council on Foreign Relations, the Economic Club of New York, the Explorers Club, the Foreign Policy Association, the Institut Française des Relations Internationales, the International Committee of the Red Cross, the International Crisis Group, the International Rescue Committee, the Japan Society, the JFK School of Government of Harvard University, the Richardson Center for Global Engagement, the Royal Institute of International Affairs (Chatham House), the Sierra Club, and the Trilateral Commission, among others.
For more information, see:
https://www.aiac.com/our-values
About AIAC in Japan
For nearly three decades, AIAC has actively served the leading multinational corporations in Japan from its manufacturing and distribution affiliates in 24 countries. AIAC’s major clients in Japan include Astellas, Casio, Fujifilm, Honda, Komatsu, Mitsubishi Heavy Industries, Mitsubishi Hitachi Power Systems, Nissan, Toshiba, and Toyota. These companies serve the automotive, truck, rail, marine, aviation, space, defense, pharmaceutical, nuclear power generation, solar, and petrochemical sectors of the Japanese economy. The following AIAC companies actively serve the Japan corporate market: Avara Pharmaceutical Services, Canadian Kraft Paper Industries, Consolidated Industries, Champlain Cable Corporation, Consolidated Industries, D2A, Lenape Forge, Neotiss, Shriro Holdings, and Titanium Fabrication Corporation.
For more information, see: www.champcable.com, www.ckpi.com, www.consolindustries.com, www.d2asia.asia, www.lenapeforge.com, www.neotiss.com, www.shriro.com, and www.tifab.com.
About Avara Pharmaceutical Services Ltd.
With large-scale manufacturing campuses in Puerto Rico, Norman, Oklahoma, and Liscate, Italy, Avara Pharmaceutical Services Ltd. produces critical prescription and nonprescription medications delivered to 40 countries. Avara manufactures both oral solid dose and injectible pharmaceuticals. Avara is a trusted supplier to major multinational clients including Aspen, Astellas, AbbVie, Bausch & Lomb, Genentech-Roche, Merck, Organon, Pfizer, and SK Life.
For more information, see: www.avara.com
About the Economic Club of New York
Founded in 1907, the Economic Club of New York is the premier forum for discussion on a wide range of issues facing New York City, the United States, and the world. The Club welcomes preeminent thought leaders from across the globe and from the public and private sectors to speak on complex issues ranging from public policy and economic regulation to tech disruption. Nonpolitical, nonpartisan, and nonprofit, the Club promotes no agenda and takes no sides on issues, encouraging speakers and members to engage openly in thoughtful discussions.
The Economic Club comprises individual memberships, drawing from senior leadership of the many corporate and financial organizations based in the Metropolitan area. The Club has hosted speakers who are experts in their respective fields and who drive the conversations that shape the future world. Past speakers include leaders of Fortune Global 500 companies, and multiple U.S. presidents, including Woodrow Wilson, William H. Taft, Herbert Hoover, Dwight D. Eisenhower, John F. Kennedy, Richard Nixon, Ronald Reagan, and George H.W. Bush. International heads of state such as Winston Churchill, Mikhail Gorbachev, Indira Gandhi, Margaret Thatcher, and Yitzak Rabin have addressed the Club.
For more information, see: www.econclubny.org
Media Contact:
Isabel Carro Toro, Vice President
American Industrial Acquisition Corporation
+34 689 295 827 (Spain)
+ 1 787 244 3175 (USA)
icarro-toro@aiac.com
www.aiac.com
