Is the Recession Causing a “De-Globalization” Among Chicago-Area Mid-Market Companies?
October 15, 2009: 6:00 PM - 9:00 PM
Since the start of the recession, has there been a pull-back in the international expansion of mid-market companies? With a focus on examples from the greater Chicago area, is there evidence that sizable middle market companies are putting less emphasis on their investment and trade outside of North America?
450 Cityfront Plaza
International Roundtable Publicity Distribution Website:
6:00 PM-6:30 PM: Networking
6:30 PM-8:00 PM: Presentation
8:00 PM-9:00 PM: Drinks at The Midway Club, Fifth Floor
David A. Laverty (Speaker)
Principal Attorney, International Counsel
James Valderrama (Speaker)
Senior Manager, Grant Thornton LLP
300 East Illinois Street (AMC Theater-River East Self Park Garage)
$6.00 after 3:00pm on weekdays and all day Saturday and Sunday for a 12-hour period
Garage: Self Park Facility
Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.
To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. The new system for the AMC Theater- River East Self Park Garage is automated. You will only need to insert your parking card in the validator and the new price will be automatically applied. You can validate your parking ticket at any time between your arrival at and departure from the Gleacher Center. When you leave the lot you will be charged for the lower $6.00 fee.
Since the start of the recession, has there been a pull-back in the international expansion of mid-market companies? With a focus on examples from the greater Chicago area, is there evidence that sizable middle market companies are putting less emphasis on their investment and trade outside of North America? If so, is this likely to be a temporary trend that will begin to change as the economy recovers? Mid-market companies are more stretched for resources than their larger counterparts, due to the broader roles taken-on by members of their leaner business teams, greater concentration of hands-on involvement among “C-Level” executives and lack of internal capabilities for cross-border expansion, including more limited access to international legal, accounting and other expertise. Are constraints on such resources, coupled with pressure from boards and other stakeholders, leading companies to stick closer to home? The speakers will draw upon their experiences serving internationalizing companies and their work with the international initiatives of Chicago’s Association for Corporate Growth (ACG).