AIAC AT THE WORLD ECONOMIC FORUM IN DAVOS
FOR IMMEDIATE RELEASE
Davos, Switzerland - January 20, 2024: American Industrial Acquisition Corporation (AIAC) participated in the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, which took place from January 15th to 19th.
AIAC’s Chairman, L. M. Levie, represented AIAC and its business and philanthropic affiliates at the global event, joining over 300 public figures, including more than 60 heads of state and government.
The meeting, themed "Rebuilding Trust," focused on restoring collective agency and reinforcing transparency, consistency, and accountability. It offered an opportunity for participants to engage in discussions around the latest advances in science, industry, and society, and to explore solutions for global security, trade, economic growth, and technological disruption.
The conference hosted world leaders, including China Premier Li Qiang, France President Emmanuel Macron, and EU President Ursula von der Leyen. Other notable attendees included heads of international organizations such as UN Secretary General António Guterres and IMF Managing Director Kristalina Georgieva.
Mr. Levie stated, "Our presence at Davos signified AIAC's commitment to being at the forefront of global trends facing industry, technology, and climate change. We exchanged ideas with our multinational customers and suppliers, distinguished global visionaries, and world leaders, and have brought back insights that will drive our business and philanthropic mission forward. Professor Klaus Schwab, the World Economic Forum’s Founder and Chairman, should be commended for his enlightened vision of the modern, progressive corporation and the necessity of balanced stakeholder capitalism.”
During his time at the World Economic Forum, Mr. Levie attended private dinners hosted by Ambassador Cindy McCain and the World Food Program, Prince Albert II of Monaco and the Prince Albert Foundation, and Shafik Gabr and the Shafik Gabr Foundation. In addition, Mr. Levie participated in evening receptions sponsored by the Harvard Business School Club of New York and by the Wall Street Journal.
On behalf of the AIAC Foundation and the Explorers Club, Mr. Levie hosted a private reception and dinner for 32 invited guests on the evening of Thursday January 18 at the PostHotel, and a smaller reception for 11 at the Europe Hotel.
Mr. Levie conversed with Prince Albert of Monaco, Andrew L. Cohen, Vice Chairman of JP Morgan Private Bank; Martin Sorrell, Founder of WPP; Maurice Levy, Chairman of Publicis; Christine Legard, Chair of the EU Central Bank; and Mark Carney, Chairman of Brookfield Asset Management and former Chairman of the Bank of England.
Additionally, Mr. Levie greeted Al Gore, former US Vice President; Jonathan Greenblatt, Director of the Anti-Defamation League; Ray Dalio, Chairman of Bridgewater Associates; John Tuttle, Vice Chairman of the New York Stock Exchange; Oliver Wenden, CEO of the Prince Albert Foundation; Jacob Safra, Chairman of the Bank J. Safra Saracin Ltd. and Michele Safra; David Belfer, CEO of Bank J. Safra Saracin Ltd.; David Glazer, CFO of Palantir Technologies; Fareed Zakaria, CNN anchor; Jane Harmon, former Congresswoman and Director of the Woodrow Wilson International Center for Scholars; Ambassador Stuart Eisenstadt; Dr. Nouriel Roubini, Professor of Economics at New York University; Daniel Yergin, SVP of S&P; and Michelle Caruso-Cabrerra, CNBC contributor.
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.
AIAC 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.
Of note, AIAC purchased Boeing Canada in 2005, and has produced over 10,000 unique components for every Boeing jet plane ever since, reliably serving Boeing from manufacturing facilities in North America. A leader in ultra high precision jet engine component manufacturing, AIAC companies also produce 2,200 fan blades and blisks for each jet engine produced by GE, Pratt & Whitney, Rolls Royce, and Honeywell. AIAC companies produce the critical automotive wire and cable for Tesla, GM, Ford, Chysler-Fiat, Toyota, and Nissan. In connection with its paper manufacturing interests, AIAC controls and sustainably manages 22 million acres of Manitoba, Canada forestland, an area equivalent in size to the nation of Hungary.
About 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 Peterson Institute for International Economics, 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 The World Economic Forum
The World Economic Forum is the International Organization for Public-Private Cooperation.
The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. Moral and intellectual integrity is at the heart of everything it does. The World Economic Forum’s activities are shaped by a unique institutional culture founded on the stakeholder theory, which asserts that an organization is accountable to all parts of society. The institution carefully blends and balances the best of many kinds of organizations, from both the public and private sectors, international organizations and academic institutions. The World Economic Forum believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
For more information, see:
