Feature Presentation:


- New Wave Group (Cutter&Buck) -
May 22nd at SCC

Torsten Jansson Chairman of the New Wave Group AB (maybe more known for its brands Cutter&Buck, Orrefors, KostaBoda, Jobman, JC, and many, many, more) will be visiting Seattle and SACC on May 22nd for a guest lecture and presentation of his company and how it evolved into a truly global enterprise.

Torsten started New Wave back in 1990, and have over the years grown New Wave to a veritable power house in the retail industry. Sales for the year 2006 topped 3,5 BSEK, or about $540M USD, an increase in sales for the 17th year in a row. Be ready for an interesting evening with one of the world leaders in the specialty retail industry!

More information will be forthcoming here as details are ironed out, but as usual it will be an evening / business mixer with snacks, drinks, and great networking.

Book already now the evening of May 22nd at the Swedish Cultural Center, 1920 Dexter Avenue North, Seattle.

An event brought to you by SACC and the Swedish Cultural Center

Price: $20 for SACC and SCC members, $25 for non-members

Please send a check with your payment to:
SACC Seattle - c/o Anne Burt
Hanson Baker Ludlow Drumheller P.S.
2229 112th Avenue NE
Suite 200
Bellevue , WA 98004-2936


Energy Demand Control - What is that?

SACC Seattle had yet another interesting evening tonight, visiting Powerit Solutions at Seattle's waterfront.

Powerit Solutions is a player in the unique field of "Energy Demand Control" and "Energy Demand Response", techniques whereby a power user can reduce its utility bills by "time shifting" when electrical energy used. See it as a TiVo for the large scale electrical consumer.

Claes Olsson, Powerit's CEO, gave a presentation of how this relatively small company is making ever greater inroads in the North American market, traditionally dominated by the Honeywells and the GEs of the world, and helping such diverse industries as food processing, smelters, and ice rinks, reduce their ever skyrocketing electrical bills.

SACC and Powerit had put up a great buffet, with wine, beer, cheese, crackers, sushi, and other things to "nibble on" while chatting with the interested audience, making this into both a fun and very interesting (some would even say educating) evening.

Tony Stewart, SKANSKA, presents at
SACC's Annual Meeting

SACC's annual meeting was held at Hotel Ă„ndra in Seattle.

After an great buffet and time for socializing and networking, the members proceeded with electing the board for 2008.

Afthe the formal proceeedings, Tony Stewart from SKANSKA, gave a very interesting presantation of SKANSKA as well as the cosntruction industry in the United States and the Puget Sound region in particular.
SKANKSA recently (XXXX) acquired XXXX, a big and long time construction conglomerate in the U.S.. Making this gigantic investment, has given SKANKSA a strong foot hold in the very competitive North American market and a participation in many high profile public and private projects across the nation.

Tony's presentation was followed by a lively Q&Q session, ranging from regional transportation projects, via "green building", to how Swedish ownership was received in the conservative American construction sector.

We thank Tony for taking time this evening giving us an "insider's" view of what most of us only read about in the papers!

Currents out!

The first Current issue of the month is out. "Hedging His Way to $ 7.5 Billion"
Swedish-born Thomas E. Sandell is one of the most successful hedge fund investors in New York, but he is also one of the most shy when it comes to mass media. Current’s Editor Hans Sandberg managed to get an exclusive interview, where Sandell talks about himself, his hedge fund and how he managed to bypass the sub prime crisis. Sandell’s hedge fund Castlerigg Investments (which is managed by Sandell Asset Management Company in New York)grew with 11 percent from the beginning of 2007 to
December 5.