Greater Vineland Chamber Of Commerce Membership Vineland Chamber of Commerce_April 5 2017 : C-1

> Advocacy: Legislative Corner > Influence & Recognition: Members Support Each Other > Partnerships: Meet and Greets Provide Networking > Assembly Bill Involves Calculation of Corporation Business Tax > NJ Senate Bill to Propose Expanding Paid Family Leave > Welcome to New Members > Ribboncutting on New Location > Congratulations to Six Hometown Heroes VOLUME 31 • NUMBER 4 > Full Calendar of Events > Easter Brunches and Dinners > Member-to-Member discounts > APRIL 2017 SOUTHERN NEW JERSEY’S BUSINESS-TO-BUSINESS NEWSLETTER CHAMBER EVENTS Registration is required for all GVCC meetings and events. Call 691-7400 or visit www.vinelandchamber.org. APRIL 6 • THURSDAY CUMBERLAND COUNTY BUSINESS EXPO. John F. Scarpa Technical Education Center of Cumberland County (3400 College Dr., Vineland). 4–7 p.m. Bridgeton, Millville and Vineland Chamber of Commerce members. Open to the public. No registration and free to attend. Post-Election Market Update Homegrown leading economist David R. Kotok enlightens GVCC members about the economy and interest rates in a new era. BY DEBORAH A. EIN News & Views talk about interest rates, but as a practical matter, we’re guessing. This is like sculpt-ing fog.” My best guess—and it’s wrong—interest rates go up one or two times this year.” He noted that business-es, if not already committed to a project or upgrade, are asking themselves “Should I do today, or do I wait until David R. Kotok speaks to a large audience of GVCC members. Dave Hemple, president of Century Savings Bank, sponsor of the lunch-eon, addresses the crowd. APRIL 11 • TUESDAY CASH MOB. Friends & Family Diner, 601 E. Landis Ave. 12:30 p.m./ $10 meals with no waiting. Choice of pulled pork or a sloppy Joe. Registration not required. T APRIL 19 • WEDNESDAY MEET & GREET. Capital Bank of NJ (celebrating 10-year anniversary). 5:30-7 p.m. Free. Members only. Register by April 18 or pay $5 at door. APRIL 20 • THURSDAY GVCC GENERAL MEMBERSHIP LUNCHEON. Ramada Vineland. Networking 11:30 a.m. Lunch 12 noon. Learn how to identify fraud in the workplace and what to do. Speaker is John Capizzi of Internal Audit Services. Members $30. Non-members $35. Register by April 18. APRIL 27 • THURSDAY GVCC WOMEN’S PROFESSIONAL GROUP LUNCHEON. Hampton Inn & Suites. Topic: Business Coaching by Focal Point. Members only. $25. Register by April 25. MAY 17 • WEDNESDAY GVCC CASH MOB. LaTorre Hardware, 1607 S. Delsea Drive, Vineland. 12:30 p.m. Open to the public. Bring a few dollars to spend and support a local business. he Greater Vineland Chamber of Commerce hosted its March General Membership Luncheon at The Greenview Inn at Eastlyn on Wednesday, March 22. Guest speaker David R. Kotok, chairman and chief investment offi-cer of Cumberland Advisors (with offices in Vineland and Sarasota, Florida), is a world-renowned economist. He started his discussion by congratulating longtime GVCC member Charles Loyle, who celebrates his 90th birthday in July. Kotok described Loyle as one of his mentors. Then, speaking on his topic of “Post-Election Outlook & Market Updates,” Kotok explained how six of the seven gover-nors at the U.S. Federal Reserve Bank will likely not retain their positions a year from now, due to retirements and new appointments by the Trump administration. Likewise, the presidents of the 12 U.S. Federal Reserve Banks throughout the country are likely to change. “If we can’t name the ‘who,’ how can we name the ‘what’,” Kotok asked. “We can the fog lifts?” Their answer: “Maybe I’ll wait”—until tax code and financial rules are less questionable. “Two-thirds of growth is outside the U.S.” Kotok added. “but the U.S. dollar is how [other countries] store value. If we destroy confidence in the U.S. dol-lar, it affects all.” As for the federal deficit, Kotok said: “It’s rolled over and is gradually getting larger. Kotok then shifted his discussion to immigration issues. “No person is illegal,” he said. “I don’t think people are, their governments are.” Discounting the financial services industry, which is so regulated that an undocumented person is not likely to be employed there, Kotok noted that other businesses and the “vibrant growth in the room” will be affected by undocumented workers (an estimated 5 million in the country). He cited lower production, increased labor costs, fewer workers and pay raises as issues that will likely occur as a result of the immigration ban. “The long tailwind is over,” Kotok said regarding the low interest rates consumers have been enjoying. He suggested that the reason why the Trump administration is tackling health-care first is that healthcare savings will pay for tax reform to the tune of $337 billion. The GVCC March meeting was spon-sored by Century Savings Bank . Save the Date: APRIL 6, 2017 Cumberland County Business Expo Hosted in partnership with Vineland, Bridgeton and Millville Chambers of Commerce. This free event is open to all businesses and the general public (Registration not required). More than 90 businesses will be represented. See page C4 for more information. WWW.VINELANDCHAMBER.ORG { C1 } Dandelion Dinner Photos See p. C5 or visit us on Facebook: facebook.com/greatervinelandchamber

Chamber Events

Registration is required for all GVCC meetings and events. Call 691-7400 or visit www.vinelandchamber.org.

APRIL 6 • THURSDAY

CUMBERLAND COUNTY BUSINESS EXPO. John F. Scarpa Technical Education Center of Cumberland County (3400 College Dr., Vineland). 4–7 p.m. Bridgeton, Millville and Vineland Chamber of Commerce members. Open to the public. No registration and free to attend.

APRIL 11 • TUESDAY

CASH MOB. Friends & Family Diner, 601 E. Landis Ave. 12:30 p.m./ $10 meals with no waiting. Choice of pulled pork or a sloppy Joe. Registration not required.

APRIL 19 • WEDNESDAY

MEET & GREET. Capital Bank of NJ (celebrating 10-year anniversary). 5:30-7 p.m. Free. Members only. Register by April 18 or pay $5 at door.

APRIL 20 • THURSDAY

GVCC GENERAL MEMBERSHIP LUNCHEON. Ramada Vineland. Networking 11:30 a.m. Lunch 12 noon. Learn how to identify fraud in the workplace and what to do. Speaker is John Capizzi of Internal Audit Services. Members $30. Nonmembers $35. Register by April 18.

APRIL 27 • THURSDAY

GVCC WOMEN’S PROFESSIONAL GROUP LUNCHEON. Hampton Inn & Suites. Topic: Business Coaching by Focal Point. Members only. $25. Register by April 25.

MAY 17 • WEDNESDAY

GVCC CASH MOB. LaTorre Hardware, 1607 S. Delsea Drive, Vineland. 12:30 p.m. Open to the public. Bring a few dollars to spend and support a local business.

FRIDAY, APRIL 7
BEER GARDEN PATIO PARTY

Running Deer Golf Club, 1111 Parvin Mill Rd., Pittsgrove. 5-9 p.m. Live acoustic music by Mike LeCompt. Glasstown Brewery Tap Takeover. Chef Steve Pennese on the grille serving up seasonal gourmet burger specials. 856-358-2000.

SATURDAY, APRIL 8
FREE COMMUNITY EASTER LUNCHEON.

Christ the Good Shepherd Parish, 1010 E. Landis Ave., Vineland. Door opens at 11 a.m. Free Easter Luncheon for our low-income and homeless guests in our community. A hot meal which consists of ham, corn, sweet potatoes, cranberry sauce, bread and butter, dessert, juice and coffee. Followed by Easter activities and Egg hunt for the children. Call 856-692- 2603 or visit spiritandtruthvineland.com for more information. No participation requirements—just a hardy appetite.

MEET THE ARTIST RECEPTION.

WheatonArts, Gallery of Fine Craft, 1501 Glasstown Rd., Millville. 2:30-4:30 p.m. Demonstration in the Glass Studio at 1 p.m. Admission to this event is FREE and open to the public. Wheatonarts.org

SATURDAY, APRIL 8
EASTER PAWS EGGSTRAVAGANZA.

Pampered Pup Luxury Pet Resort, 2709 Mays Landing Rd., Millville. 11 a.m.–3 p. m. Benefits local animal rescues. Bunny photos, egg hunt, pony rides and yoga are an extra fee. Admission to event is free. Pamperedpupluxurypetresort.Com

APRIL 8 AND 9
BELLVIEW WINERY DANDELION WINE RELEASE PARTY.

Bellview Winery, 150 Atlantic St. Landisville. 10 a.m.–5 p.m. both days. Flights of past Dandelion vintages will be available so you can experience the aging process of this complex and flavorful wine. Floral, herbal, and sweet, our Dandelion Wine is perfect for dessert now or 10 years from now. Vineyard tours running throughout the day. Flights of Dandelion Wine are $5. Standard wine tastings are available as well for $5 for eight tastes. Call 856-697- 7172 or visit bellviewwinery.com

APRIL 18 AND 19
DIGITAL MARKETING 101.

Breakfast sessions at 8 a.m. April 18 at Wildwood Golf & Country Club, 1170 Golf Club Rd., Cape May Court House. April 19 at Greate Bay Country Club, 901 Mays Landing Rd., Somers Point. RSVP at pressofac.com.

SATURDAY, APRIL 22
DOUG CHURCH: TRUE VOICE OF ELVIS.

Levoy Theatre, levoy.net

APRIL 21 AND 22
ELWYN NJ PRESENTS 3RD ANNUAL MURDER IN THE MANSION "1930s HOLLYWOOD."

7 p.m. $50 PER PERSON. An Interactive "who done it" Cocktail Party written and directed by Shirley Burke. For tickets or more information, call 856-794-5281, email-susan_sauro@elwyn.org or visit elwyn.org/njmurdermystery

WEDNESDAY, APRIL 26
CUMBERLAND COUNTY WOMEN'S HALL OF FAME 9TH ANNUAL INDUCTION DINNER CEREMONY.

Centerton Country Club, 1022 Almond Rd., Pittsgrove. 6–10 p.m. Cash bar opens at 6 p.m. with dinner starting at 7 p. m. $60 per person. This year's inductees are Sue "Sioux" Fenili & Dr. Mary L. Gruccio. Guest emcee is Dr. Dina Rossi Elliott, superintendent of the John F. Scarpa Technical Education Center of Cumberland County. RSVP by April 21, with payment to CCWHOF, Inc. 2189 Pennsylvania Ave. Millville, NJ 08332. Please include name(s) and if you have a seating preference. No admittance at door without advance reservations.

SATURDAY, APRIL 22
“BV60” COMEDY DINNER AND DANCE.

Club Lane, Buena. 6–10 p.m. $60 per person. Full dinner, appetizer, salad, intermezzo (Mango Sorbet), "BV60" champagne toast, entree-Surf & Turf (New York strip steak w/sauteed mushrooms and broiled lobster tail, cheddar bacon mashed stuffed potato, fresh steamed asparagus w/craced black pepper seasoning. Dessert (chocolate torte with ganache and fresh strawberries. Open bar. Contact Information: 856- 697-1200 or allforeclub.com.

FRIDAY, APRIL 28
VHS CAREER DAY.

Vineland High School, South Gymnasium. 7 a.m.-12 p.m. Presented by VHS School to Careers Program. For 11th and 12th grade students and VHS staff. RSVP online at http://evite.me/87pvUxaeg8

CCC EVENTS:

APRIL 8 AND 9

CHARLOTTE’S WEB.

Guaracini Performing Arts Center 2 p.m. All seats $9

THURSDAY, APRIL 27

CCC STUDENT MUSIC RECITAL.

Frank Guaracini Performing Arts Center. 7 p.m. FREE Reservations Requested. CCC Music students present musical selections for their end-of-semester recital.

SATURDAY, APRIL 29

SILHOUETTES OF SERVICE.

Frank Guaracini Performing Arts Center. 8 p.m. Shedding light on the sacrifice made by the brave 1% who protect the remaining 99% of the U. S. public. $12-$22.

CCC OPEN HOUSE.

Luciano Conference Center, 3322 College Dr., Vineland. 10 a.m.-1 p.m. For more information or to RSVP, visit ChooseCumberland.com

SATURDAY, MAY 6

CCC FOUNDATION 50TH ANNIVERSARY GALA

Centerton Country Club, 1022 Almond Rd., Pittsgrove. 6:30–11 p.m. $150 pp. Evening of dining and dancing to the music of the David Christopher Orchestra. Includes open bar and silent auction. Contact Alice Woods, Foundation Dir. At 856- 691-8600, ext. 1390.

Read the full article at http://www.evergreeneditions.com/article/Chamber+Events/2755010/398139/article.html.

Post-Election Market Update

Deborah A. Ein

Homegrown leading economist David R. Kotok enlightens GVCC members about the economy and interest rates in a new era.

The Greater Vineland Chamber of Commerce hosted its March General Membership Luncheon at The Greenview Inn at Eastlyn on Wednesday, March 22. Guest speaker David R. Kotok, chairman and chief investment officer of Cumberland Advisors (with offices in Vineland and Sarasota, Florida), is a world-renowned economist. He started his discussion by congratulating longtime GVCC member Charles Loyle, who celebrates his 90th birthday in July. Kotok described Loyle as one of his mentors.

Then, speaking on his topic of “Post-Election Outlook & Market Updates,” Kotok explained how six of the seven governors at the U.S. Federal Reserve Bank will likely not retain their positions a year from now, due to retirements and new appointments by the Trump administration. Likewise, the presidents of the 12 U.S. Federal Reserve Banks throughout the country are likely to change.

“If we can’t name the ‘who,’ how can we name the ‘what’,” Kotok asked. “We can talk about interest rates, but as a practical matter, we’re guessing. This is like sculpting fog.”

My best guess—and it’s wrong—interest rates go up one or two times this year.”

He noted that businesses, if not already committed to a project or upgrade, are asking themselves “Should I do today, or do I wait until the fog lifts?” Their answer: “Maybe I’ll wait”—until tax code and financial rules are less questionable.

“Two-thirds of growth is outside the U.S.” Kotok added. “but the U.S. dollar is how [other countries] store value. If we destroy confidence in the U.S. dollar, it affects all.”

As for the federal deficit, Kotok said: “It’s rolled over and is gradually getting larger.

Kotok then shifted his discussion to immigration issues.

“No person is illegal,” he said. “I don’t think people are, their governments are.”

Discounting the financial services industry, which is so regulated that an undocumented person is not likely to be employed there, Kotok noted that other businesses and the “vibrant growth in the room” will be affected by undocumented workers (an estimated 5 million in the country). He cited lower production, increased labor costs, fewer workers and pay raises as issues that will likely occur as a result of the immigration ban.

“The long tailwind is over,” Kotok said regarding the low interest rates consumers have been enjoying.

He suggested that the reason why the Trump administration is tackling healthcare first is that healthcare savings will pay for tax reform to the tune of $337 billion.

The GVCC March meeting was sponsored by Century Savings Bank.

Save the Date:

APRIL 6, 2017

Cumberland County Business Expo

Hosted in partnership with Vineland, Bridgeton and Millville Chambers of Commerce. This free event is open to all businesses and the general public (Registration not required). More than 90 businesses will be represented. See page C4 for more information.

Dandelion Dinner Photos See p. C5 or visit us on Facebook: facebook.com/greatervinelandchamber

Read the full article at http://www.evergreeneditions.com/article/Post-Election+Market+Update/2755018/398139/article.html.

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