AIAC AT THE ECONOMIC CLUB OF WASHINGTON DC LUNCHEON FOR PRESIDENT JOSEPH R. BIDEN
For Immediate Release
September 19, 2024 – Washington, DC AIAC Chairman L. M. Levie attended the Economic Club of Washington DC reception and luncheon for President Joseph R. Biden on September 19, 2024. The President was introduced by David Rubinstein, Chairman of the Economic Club of Washington and of the Carlyle Group. In his address, President Biden reviewed the progress of his administration in reviving employment and economic growth following the Covid-19 pandemic and the supply disruptions stemming from the war in the Ukraine. He noted the recent decline in inflation rate from 9% to nearly 2%, the increase in gross national product and record highs in the stock market.
Prior to the address, Mr. Levie greeted the following attendees:
David M. Rubinstein, Co-Founder and Co-Chairman, The Carlyle Group
Jeffrey Zients, Chief of Staff, The White House
Mark Ein, Chair of Capitol Investment Corp., Washington City Paper, the President’s Export Counsel, the DC Tennis Open, and Member of the Gridiron Club
Mary C. Bradey, President and CEO, Economic Club of New York
H. E. Kirsten Hillman, Ambassador of Canada
H. E. Karen Pierce, Ambassador of the UK
H. E. Maria Luiza Ribiera Viotu, Ambassador of Brazil
H. E. Mariangela Zappia, Ambassador of Italy
H.E. Nicole Bintner-Bakshian, Ambassador of Luxembourg
H. E. Lenena Kaisa Mikkola, Ambassador of Finland
H. E. Jovita Neliupšienė, Ambassador of the European Union
H. E. Suriya Chindawongse, Ambassador of Thailand
H. E. Oksana Markarova, Ambassador of Ukraine
Sheila Crumb Johnson, Founder of BET, CEO of Salamander Hotels
Jane Adams, VP Government Affairs, Johnson & Johnson
Abby Lowell, Esq., Partner, Partner, Co-Chair, Government Investigations, Enforcement, and Compliance, Winston & Strawn LLP
Dr. Gregory Johnson, President of George Mason University
Megan Beyer, Director of Art in Embassies, US Department of State
Anna Palmer, Founder and CEO Punchbowl News, former Senior Washington Correspondent, Politico
Catherine Townsend, President, Trust for the National Mall
Jeffrey R. Houle, Esq., Partner, DLA Piper LLP
Linda D. Rabbitt, Founder and Chair, Rand Construction Corp.
For a link to the video of the introduction by David Rubinstein and the address by President Biden, please click here:
Following the event, Mr. Levie commented, “President Biden’s address at the Economic Club was particularly pertinent, as it came a day following the Federal Reserve’s surprising 50 basis point reduction in fed funds rates. I heartily congratulate David Rubinstein and the Economic Club team for graciously hosting this superb gathering of leaders from government, business, finance, law, and the media.”
For further information, please see:
https://www.nytimes.com/2024/09/19/us/politics/fed-rate-cuts-biden.html
About American Industrial Acquisition Corporation
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 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 industrial and consumer products throughout Southeast Asia, Australia, and New Zealand. AIAC is a leading manufacturer of building, street, and highway signage in Europe, signage and illumination structures in North America, and a distributor of electrical products throughout France.
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 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, Chrysler- Fiat, Toyota, and Nissan. In connection with its kraft paper manufacturing interests in Canada and the US, AIAC controls and sustainably manages 22 million acres of Manitoba, Canada forestland, an area equivalent in size to the nation of Hungary.
AIAC companies actively support exploration into outer space, manufacturing critical components for launching and propelling spacecraft and satellites. AIAC customers in this sector include NASA, the European Space Agency, SpaceX, Blue Origin, and Boeing. AIAC companies also lead in the design and manufacture of undersea umbilical cables for worldwide oceanographic research.
For further information, please see:
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, environmental sustainability, and exploration.
AIAC’s beneficiaries in the fields of international conflict resolution and understanding and economic development include 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 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 John F. Kennedy 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) and the Trilateral Commission.
Exploration-focused nonprofit organizations which AIAC actively support include the Explorers Club, the National Geographic Society, the Royal Geographical Society, the American Museum of Natural History and the Hayden Planetarium, the Victoria & Albert Museum, the National Air and Space Museum, the National Space Society, and the United States Space Foundation.
For further information, please see:
https://www.aiac.com/our-values
About the Economic Club of Washington DC
Established in 1986 as a nonprofit, nonpartisan organization created to strengthen ties among the diverse and growing business community based in metropolitan Washington, D.C., and with the diplomatic community, The Economic Club of Washington, D.C. promotes global awareness of the pivotal role Washington plays in the national and world economies. Its goals are twofold: to provide a prominent forum where eminent global leaders can share their insights about major issues of the day; and to promote a robust peer community for the area’s top executives.
Today the Economic Club has nearly 1,000 members representing businesses and organizations operating all over the United States and abroad. Featured speakers in recent years have included the Presidents of the United States, Colombia, and Panama; the Prime Ministers of Finland, Israel and Singapore; a former Prime Minister of Great Britain; Speakers of the U.S. House of Representatives; heads of the Federal Reserve Board; every Secretary of the Treasury since 1986; other Cabinet members and government officials; and leaders of Fortune Global 100 corporations. David M. Rubenstein, Co-Founder and Co-Chairman of the Board of The Carlyle Group, is the current Chairman.
For further information, please see:
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
