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KPMG New Reality Survey

Business operations throughout all corners of the globe are being impacted by the events of the past several months. The US-UK Corridor represents one of the strongest international relationships. We are pleased to announce our partnership with Club Level member, KPMG LLP to conduct a pulse survey to gain a better understanding of how multinationals are managing.

The study takes less than five minutes to complete. All responses are anonymous and will not be attributed to any individual or company. Your participation will provide a valuable roadmap to better assist you and your business in meeting objectives and developing strategies to survive and thrive in this new reality.

Click here to complete the survey.

The survey closes on September 30, 2020.

In mid-November we will be hosting a webinar to present the results and a transatlantic business outlook. Stay tuned for more information.

Partners:


Member Feature: Stonehage Fleming Law

Stonehage Fleming is one of the world’s leading independently owned family offices with a history dating back to 1873. The Group provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to leading families and wealth creators as well as charitable endowments. Stonehage Fleming has a head office in Jersey, Channel Islands and a significant presence in London. Stonehage Fleming was formed in 2014 when Fleming Family & Partners, the family office run by relatives of banking pioneer Robert Fleming and James Bond creator Ian Fleming, merged with Stonehage, an international family office with its roots in South Africa. Today, the Company employs more than 500 people across 11 offices in eight countries throughout North America, Europe, the Middle East and Africa. Stonehage Fleming’s services have always been developed in response to client needs. The Company has two clear objectives: the protection of family wealth and the management of family assets. A rapidly evolving world offers huge opportunities for today’s wealth creators, but it also poses significant challenges: economic uncertainty, increasing taxation and regulation, erosion of the right to privacy and public pressure to contribute more to society. In this environment, never has there been a greater need to protect wealth and manage family succession to ensure a lasting legacy. Stonehage Fleming Law US LLC, a Corporate Member of the BABCPHL, focuses on International and United States Tax Planning and Compliance, and Trust and Estate Planning and Administration legal matters.


BABCPHL Member Feature: The Philadelphia Convention & Visitors Bureau

As the official tourism promotion agency for the City of Philadelphia, the Philadelphia Convention and Visitors Bureau is focused on positioning Philadelphia for success once international travel resumes, and the city can once again welcome overseas visitors.

To help facilitate recovery for the city’s hospitality and tourism businesses, the PHLCVB launched the PHL Health Pledge in partnership with the City of Philadelphia, the Commonwealth of Pennsylvania, the region’s renowned life sciences and medical community and institutions, along with the city’s hospitality business partners. Working together as one, Philadelphia’s hospitality community is displaying unstoppable ingenuity to ensure a safe return to travel, meetings, and events – key messages displayed in the PHLCVB’s new Unstoppable Philadelphia video.

PHL Health Pledge

The PHL Health Pledge is a long-term strategy that aligns the expertise and guidance from the PHLCVB’s Chief Health Advisor, Dr. David Nash, Dean Emeritus of the Jefferson College of Population Health and the PHL Health Advisors to establish best practices for reopening. The initiative demonstrates how Philadelphia is working together to introduce new clean and safe guidelines and leveraging our world-renowned life sciences industry by drawing upon their expertise to provide guidance and advice on how our tourism community can safely welcome visitors. The initiative is comprised of three key components:

  1. PHL Health Advisors, including:
    • Dr. Nash, serving as Chief Health Advisor, provides guidance directly to meeting planner customers and serve as a public spokesperson on behalf of the PHLCVB with regards to matters of public health and tourism.
    • The 20-member PHL Health Advisors sub-committee of PHL Life Sciences, act as an internal support team, providing guidance to the PHLCVB and our hospitality partners on health and safety standards as well as information on local medical advancements in the fight against COVID-19
  1. Resources for Safely Reopening:
    • Aggregated list of plans from national partners like U.S. Travel Association as well as many local tourism partners for review by potential visitors
    • PHL Hospitality Health Pledge signed by PHLCVB members and other local tourism-related businesses to show their commitment to new health and safety standards as they reopen for business. To date, over 100 PHLCVB members have signed the pledge, including hotels, restaurants, attractions and other businesses in the region. For a full list of members who have committed to a unified reopening of the city, visit PHL Hospitality Health Pledge.
  1. Continuing Education and Innovation:
    • On-going training and support for PHLCVB members to keep abreast of public health best practices to keep their hotels, attractions, and venues safe for visitors. Notably, the PHLCVB hosted a webinar for key customers with Dr. Nash, providing them with an opportunity to ask pertinent questions on how our industry should be adapting to changes brought on by the public health crisis.

Impact of Overseas, UK Visitation to Philadelphia

In 2019, there were over 76,000 hospitality-related jobs in Philadelphia County alone in 2019, making the industry one of Philadelphia’s largest and fastest growing employment sectors. Specifically, overseas visitation is critically important to Philadelphia’s overall leisure travel mix as overseas visitors tend to stay longer and spend more money while in market.

In 2018* the United Kingdom was Philadelphia’s #1 source market for overseas visitation, with over 112,000 visitors traveling to the city, and contributing over $91 million in direct spend. Prior to COVID-19, UK inbound-travel to Philadelphia grew by 3.4% from 2017 to 2018 with most UK visitors to Philadelphia arriving into PHL International. Visitation growth from the UK was supported by direct airlift to PHL from London, Manchester, Shannon and Edinburgh on American Airlines, and from Dublin on Aer Lingus.

For more insights on overseas visitation into Philadelphia and the economic impact on the leisure travel segment, view the PHLCVB’s Research and Resources.


Fall 2020 President’s Letter

Dear BABCPHL Members and Friends,

As our families, friends, colleagues, businesses, country, and world are faced with immense challenges, we are called upon to keep going.  It is the power of community and resolve that enable us to take one day at a time and move forward.  The BABCPHL is committed to serving you through good times and bad.  The UK-US transatlantic relationship has weathered world wars, depressions, and myriad set-backs throughout history.  The two nations actively band together and collaborate to enhance trade and commerce and to develop long-lasting valuable connections.

In support of this union, and to remain true to our mission, our goal is to maintain close contact with each of you to understand what you want and need from us during this tumultuous time. To help us understand your needs we are pleased to announce our partnership with Club Level member, KPMG LLP to conduct a pulse survey to gain a better understanding of how multinationals are managing.

The study takes less than five minutes to complete. All responses are anonymous and will not be attributed to any individual or company. Your participation will provide a valuable roadmap to better assist you and your business in meeting objectives and developing strategies to survive and thrive in this environment. Click here to complete the survey. In mid-November we will be hosting a webinar to present the results and a transatlantic business outlook.

During the summer months we delivered a social series that included quizzo night, whiskey tasting, and a master cocktail class.  This month we also offered two very important programs focused on the transatlantic relationship – Philadelphia International Airport’s status as a funneling airport and our first UK-US quarterly update policy webinar featuring Government leaders who discussed the UK-US Free Trade Agreement negotiations, Brexit, and how the pandemic is influencing trade.

In October and November are hosting a series of events about global mobility, employment law, education, cybersecurity, and more related to how Covid-19 has impacted our daily operations and what this means for our future.

Our December 10, Signature Annual Holiday Lunch has been moved to a virtual format, and will take place over Zoom from 11:00 am – 12:00 pm EST.  Save the date so you can participate in this special event!

Partner with the BABCPHL to navigate this uncertain new reality; we are a constant for you and your business through thick and thin.  Read on for information about our recent past and upcoming activities.  If you are not a member, and wish to learn more, contact us and we will schedule a time to talk.

Sincerely,

Nick Lotz

President, British American Business Council of Greater Philadelphia


Human Interest Feature: Almac Group to Support Children’s Hospital of Philadelphia, Laurel House, and St. Jude as part of $300,000 Global Giving Pledge

Human Interest Feature: Almac Group to Support Children’s Hospital of Philadelphia, Laurel House, and St. Jude as part of $300,000 Global Giving Pledge

Employee-driven initiative will benefit 33 health and welfare organizations local to Almac’s 11 global facilities

At the beginning of September, Almac Group announced the organization will donate to Children’s Hospital of Philadelphia (CHOP), Laurel House, and St. Jude Children’s Research Hospital as part of an over $300,000 total contribution being made to 33 charities globally in the wake of COVID-19.

Almac recognizes that charitable organizations rely on significant donations typically received via monthly events and fundraising, and that those efforts have ceased as a result of the pandemic. To help support these organizations Almac launched a localized employee survey effort to determine regional charitable beneficiaries. Each of Almac’s 5,600 employees across 11 main facilities located in the U.K., Europe, Asia and North America were given the opportunity to select charities, and in total, 33 organizations will receive a donation in direct response to Almac’s employee feedback.

CHOP, Laurel House, and St. Jude were chosen directly by Almac employees in Pennsylvania, due to the role each institution plays in supporting the needs of the communities they serve. At CHOP, the funding will support the hospital’s COVID-19 relief fund to address the most urgent needs, as well as the Children’s Fund, which provides essential resources to patients and their families.

“We are grateful for Almac’s generous support of our COVID-19 efforts at CHOP,” said Monica Taylor Lotty, Executive Vice President and Chief Development Officer at Children’s Hospital of Philadelphia Foundation. “We are utilizing our incredible expertise to grow the body of medical knowledge to effectively treat COVID-19. By making research advances and sharing what we learn, we aim to make a difference in the fight against COVID-19 in Philadelphia and across the globe.”

Funding for Laurel House will support the comprehensive domestic violence agency’s critical crisis intervention, safe haven, and support programs, which serve individuals, families, and communities throughout Montgomery County.

“Laurel House is honored to be selected by the employees of Almac to be a recipient of this year’s charitable donations,” Beth E. Sturman, Executive Director, Laurel House, said. “This support means so much to us, and will help ensure that we are able to continue to meet the needs of the people who turn to Laurel House for help.”

In light of the global pandemic, the donations will replace this year’s Almac Family Fun events, which are held annually to bring together employees and their families. Community giving is always a crucial part of the Fun Day tradition—last year, Almac’s employees in Pennsylvania collected over 1,800 pounds of food for Manna on Main.

Alan Armstrong, Group CEO, commented: “As a global organization, Almac’s mission is to advance human health, and we recognize that this extends to supporting the health and well-being of our local communities, especially during a global pandemic. In response, we are honored to support 33 organizations, chosen by our employees, which support the health and welfare of our neighbors in each of our corporate locations, and are proud to give back during this unprecedented time.”

The global organization is also partnering with a variety of global pharmaceutical, biotech and research institutions to support over 80 separate crucial research projects into COVID-19 treatment options. These vital projects cover a range of different areas including vaccines and various potential treatments for symptoms and the effects of this disease. Find out more https://www.almacgroup.com/almac-is-proud-to-support-multiple-programs-to-accelerate-covid-19-treatment.

About Almac Group

A unique culture delivering exceptional solutions

The Almac Group is an established contract development and manufacturing organisation providing an extensive range of integrated services across the drug development lifecycle to the pharmaceutical and biotech sectors globally. Its innovative services range from R&D, biomarker discovery development and commercialisation, API manufacture, analytical services, formulation development, clinical trial supply, IRT (IVRS/IWRS) through to commercial-scale manufacture.

The international company is a privately owned organisation which has grown organically over the past five decades now employing over 5,600 highly skilled personnel across 18 facilities including Europe, the US and Asia.

To keep up to date with latest news, follow us on Twitter and LinkedIn or visit almacgroup.com.


Fall 2020 BABCPHL New Members

Club Members:

Fisher & Phillips LLP
Two Logan Square
100 North 18th Street
12th Floor
Philadelphia PA 19103
Website: http://www.fisherphillips.com

William D. Wright, Esq.
Partner
P: 610-230-2137
F: 610-230-2151
E: wwright@fisherphillips.com

Christopher P. Stief
Regional Managing Partner
P: 610-230-2130
F: 610-230-2151
E: cstief@fisherphillips.com

Samina Weil
Global Human Resources Consultant
P: 610-230-2182
F: 610-230-2151
E: sweil@fisherphillips.com

Donna Kearney
Business Development Manager
P: 610-230-2160
E: dkearney@fisherphillips.com

The Fisher Phillips International Employment Practice Group provides legal advice to international employers on human resources and immigration matters (inbound and outbound) on a global basis, as well as on matters pertaining to employees working in the United States who are governed by international laws. We contribute to your business success by helping you navigate through complex global human resources issues. We partner with you on strategic planning, compliance, global movement of employees, and employee compensation and benefits. Whether your workforce is located inside or outside of the United States, we are on the forefront of current and evolving strategic employment law issues, and offer a full array of workplace legal representation. We have a particular focus on codes of business conduct and ethics, expatriate matters, mergers, acquisitions and other business transactions (including EU Transfer of Undertakings) and litigation and administrative actions. We have established strong relationships with local counsel on six continents, ensuring that we are ready to involve local counsel anywhere around the globe at a moment’s notice.

International Products Corporation
201 Connecticut Drive
Burlington NJ 08016
Website: www.ipcol.com

Kathy Wyrofsky
President
P: 609-386-8770
F: 609-386-8438
E: kwyrofsky@ipcol.com

Bill Herbert
CFO
E: bherbert@ipcol.com

International Products Corporation (IPC) produces/markets specialty chemical products with emphasis on precision cleaners and assembly lubricants. IPC serves an international market with customers in the commercial, industrial, government and academic sectors. It reaches these markets through a combination of distributors, direct-sales and internet marketing. Currently, new products aimed at the consumer market are being developed. IPC also serves as a supplier of private-label products.

Founded in 1923, the company has been owned by Charles E. Granito since 1981. Rapid growth from 1981 to 1989 enabled the firm to move from Trenton, NJ, to a new custom-designed facility in Burlington, NJ, in 1990. On a four-acre site, this 20,000 ft2 building incorporates marketing, research, processing, packaging and warehousing functions that are key to IPC’s operations. Extraordinary steps were taken to make this facility safe for employees and the environment, and to assure that products made there meet the highest standards of quality. The on-site laboratory is equipped to expand quality and analytical work, allow for research on new and improved products and assist customers with technical testing.

In 1984, IPC opened IPCW, Inc., a subsidiary in the UK. IPCW distributes product for IPC throughout the European market. IPC also has distributors in China, India, Korea, Japan and Taiwan.

The full-line of precision cleaning products includes its flagship concentrated cleaner, Micro-90®. The line includes biodegradable, alkaline, acidic, neutral and enzyme cleaning products for a broad range of industries and applications. These include cleaning of labware, filter membranes, medical devices, pharmaceutical equipment and precision parts. All are registered with NSF as A1 cleaners.

P-80® Temporary Rubber Lubricants are unique formulated products for assembly of rubber and soft plastic parts (belts, bushings, grips, grommets, hoses, o-rings, seals) for the automotive, agricultural, appliance, aerospace, marine, pump and tool industries to name a few.

IPC is committed to making products that are water-based and to replace solvent and petroleum-based cleaners and lubricants. IPC avoids use of known carcinogens and hazardous chemicals, only using materials found on TSCA and EINESCS inventories. IPC maintains a ZERO discharge policy including wastewater, emissions and hazardous waste. And no product is considered highly toxic or corrosive. It is policy to keep abreast of environmental regulations such as removal of flame-retardants and certain metals (cadmium, mercury, chromium and lead) in products. IPC is an ISO-Certified Company.

PRODUCTS

  • P-80® Emulsion Temporary Rubber Assembly Lubricant
  • P-80® Grip-It Quick-Drying Temporary Rubber Assembly Lubricant
  • P-80® RediLube Temporary Rubber Assembly Lubricant
  • P-80® THIX Temporary Rubber Lubricant Gel
  • P-80® Emulsion IFC Temporary Rubber Assembly Lubricant & P-80® THIX IFC Temporary Rubber Lubricant Gel for Incidental Food Contact Applications (H1)

Free product samples are available for testing.

Individual Member:

Paul Wheatley
Financial Representative
Independence Planning Group
1767 Sentry Parkway West
Suite 200
Blue Bell PA 19422
Work Phone: 2152970020
Work Email: paul.wheatley@ipgroup.info
Website: https://www.ipgroup.info/

We offer an array of specialized financial strategies that will address virtually all of your financial needs. The Living Balance Sheet® is one state-of-the-art planning tool that sets us apart. It provides clients with a detailed, holistic view of their financial world at any given time and helps us work with them to model and address a variety of financial scenarios and outcomes.


Member Feature: Stan Tilton Consulting

Stan Tilton has been an active individual member of the BABCPHL for 12 years. Stan founded Stan Tilton Consulting in 1992 to provide proven cost-effective solutions to leadership and management developmental challenges by utilizing customized executive coaching and related services to assist key executives improve morale, confidence and performance that lead to increased enterprise productivity and profitability. The Firm brings a customized, highly flexible, and impartial outside business-oriented focus to executive performance, communication and leadership development that has consistently led to results that met or exceeded client expectations. As an independent of the organization, Stan brings focus, objectivity, pragmatism and directness few insiders can. The Firm specializes in High Potential Coaching, Behavioral/Interpersonal Issues, Newly Appointed Leader Integration, Foreign Expatriate Business Assimilation, Conflict Resolution and assisting corporate leaders deal with challenging strategic issues. The mission of Stan Tilton Consulting is to assist executives and organizations sharpen their leadership and strategic thinking skills, thereby enabling both the employees and enterprise to mutually prosper. Stan has more than 30 years of experience as an executive leadership development coach, career transition consultant and corporate strategist with significant leadership, operating and financial management expertise gained during a highly successful corporate career as Chief Executive Officer, President and Chief Financial Officer of leading global management consulting and manufacturing organizations. A proven leader, Stan has been a mentor, partner and leadership coach to family owned businesses, entrepreneurs and senior corporate executives, including bankers, engineers, accountants, attorneys and physicians at pharmaceutical companies. Beyond his executive coaching and leadership development practice, Stan has extensive expertise with restructurings, mergers, organizational expansion, management replication, succession planning, career mapping and the turnaround and repositioning of underperforming business teams/units. He has been featured in articles in Fortune and Inc. magazines and The Wall Street Journal, as well as appearing on National Public Radio.


Member Feature: Deloitte

With more than 100,000 professionals, Deloitte provides audit and assurance, tax, consulting, and risk and financial advisory services to a broad cross-section of the largest corporations and governmental agencies throughout the world.  The Firm helps reinforce public trust in capital markets, inspire clients to make their most challenging business decisions with confidence, and helps lead the way toward a stronger economy and a healthy society.  Clients count on Deloitte to help them transform uncertainty into possibility and rapid change into lasting progress. Deloitte’s dedication to leadership extends beyond their clients and the commercial marketplace to their own organization and the communities where they work and live. The Firm’s success depends on cultivating and celebrating diverse skill sets, backgrounds, and values. Deloitte enables leadership throughout their communities through pro-bono and volunteer work that leverages their skills and experience to help others achieve goals. In response to the spread of COVID-19, Deloitte has activated the power of its global footprint, and adopted a multi-pronged approach to address the significant and growing needs of impacted communities around the world. To date, Deloitte has committed more than US$12.5 million in investments in the form of direct monetary donations, medical equipment, and pro bono project work. These efforts are targeted to helping frontline healthcare workers, supporting the millions of students globally who are out of school, and providing communities in need with donations and volunteers.  Deloitte has been a Club Level member of the BABCPHL for many years.


Member Feature: Black Cipher

BABCPHL Corporate Member, Black Cipher, a cybersecurity and DFIR consulting and security services company, identifies and contains cybersecurity threats by monitoring security events tied to what attackers target when breaching a system or a network. The Black Cipher team includes industry certified professionals trained and experienced in the areas of cybersecurity, digital forensics, incident response, regulatory compliance, law, data governance, data privacy, risk management, and private/corporate investigations. The Company’s holistic, no blind spots approach helps business properly manage cyber risk and effectively combat cyberattacks and security incidents. From proactive security assessments to fully managed services, Black Cipher supports all cybersecurity, DFIR and regulatory compliance needs. Now, more than ever, as nearly all aspects of business operations have moved to remote platforms, companies are forced to remain hypervigilant to protect assets. Thank you Black Cipher for helping companies protect themselves in this increasingly digital environment.


Member Feature – HSBC

HSBC, one of the world’s largest banking and financial services organizations is a Club Level member of the BABCPHL. The Bank serves more than 40 million customers through their global businesses: Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets. The HSBC network covers 64 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.  Listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around 197,000 shareholders in 130 countries and territories.  HSBC was born from one simple idea – a local bank serving international needs. In March 1865, HSBC opened its doors for business in Hong Kong, financing trade between Europe and Asia.  For more than 150 years HSBC has connected customers to opportunities. HSBC has weathered change in all forms – revolutions, economic crises, new technologies – and adapted to survive. The resulting corporate character enables HSBC to meet the challenges of the 21st century.  Customers range from individual savers and investors to some of the world’s largest companies, governments and international organizations. HSBC dutifully serves clients and the environment; they are mindful of social responsibilities, and committed to high standards of governance.  HSBC won the global titles of ‘World’s Best Bank for SMEs’ and ‘World’s Best Bank for Public-Sector Clients’ in the Euromoney Awards for Excellence 2019. The Bank has provided approximately USD80 billion in support to its customers globally to help them cope with the impact of the coronavirus pandemic. This includes over USD27 billion in relief through 700,000 payment holidays on loans, credit cards and mortgages to help personal lending customers manage their finances. They have extended USD52 billion of lending facilities to more than 172,000 wholesale customers globally, both through government schemes and our own initiatives – helping businesses stay resilient through tough times and plan for the recovery. HSBC has led on more than USD1.15 trillion of capital raising for clients in equity and debt capital markets in the first six months of 2020, helping them meet their funding and liquidity needs.  Thank you HSBC for your steadfast commitment to your customers and the environment. We are honored to partner with you and recognize you as a BABCPHL member for more than a decade.

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The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Cigna
  • Cigna
  • Deloitte
  • Duane Morris
  • EisnerAmper LLP
  • Faegre Drinker Biddle & Reath LLP
  • Fisher Phillips
  • HSBC
  • International Products Corporation
  • Johnson, Kendall & Johnson, Inc.
  • KPMG
  • Morgan Lewis
  • Virgin Atlantic
  • Welsh Government