Roto Attends German American Business Outlook 2019

Window & Door
February 4, 2019
Companies
Roto North America's President and CEO Chris Dimou attended the German American Business Outlook 2019 and the New Year's Luncheon with the German ambassador to the U.S., Dr. Emily Haber, as a special guest. The event, held in New York City, is an annual survey of German firms in the U.S. and offers insight into the current status and future expectations of German companies in the U.S.

“One of the many aspects of the transatlantic relationship: The strong economic ties between Germany and the U.S., characterized by innovation, investment in talent, skilled labor and vocational training,” says Haber.

The Outlook found that a full 90 percent of respondents said that open marks are very important to their businesses while 3 percent predict a contraction in the U.S. economy. According to the presentation, 9 percent see a contraction for their own business, the highest percentage since the recession. Skilled labor continues to be a challenge, with 78 percent of companies surveyed for the Outlook feeling the effects.

German American Chamber of Commerce of New York President and CEO Dietmar Rieg met with Dimou last year to discuss workforce development. “The GABO is always informative because the data analysis helps give insight to our current workforce development climate,” says Dimou. “Roto is working with our community through local high schools, universities and more to offer internships that will attract young, talented people to help build a skilled workforce.”