• Foreign Direct Investment in the United States Report, Fall 2016
  • Report: Treasury’s Rules Will Cause Serious Economic Harm
    Will increase cost of borrowing, discourage future expansions and make U.S. tax system more complex and uncompetitive
  • Jobs We Need
    New Report Links Quality Jobs to Global Connections
  • Association Letter to Treasury on Section 385 Regulations

Insourcing Millions of American Jobs

Latest FDI Trends & Statistics

JOBS BY STATE
Global companies employ more than 6.4 million Americans.

Find out the impact in your state.

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    Canadian company plans to add 50 jobs in Henry County

    Canadian-based Novatech Group said that it is investing $3 million to establish its first U.S. manufacturing operation in Henry County, Virginia. The project is expected to create 50 new jobs. The investment was encouraged through a $100,000 grant from the Commonwealth’s Opportunity Fund, and a $130,000 in the Tobacco Region Opportunity Fund. Novatech Group is also eligible to receive state benefits and employee training activities through the Virginia Jobs Investment Program. Virginia was one of seven states competing for this project.

    Siemens plans to add as many as 700 jobs at its Walpole plant

    German industrial giant Siemens AG plans to expand its laboratory diagnostics manufacturing plant in Walpole, Massachusetts. The board voted to approve a $300 million expansion and the addition of 400 to 700 jobs over the next decade. The vote came after Massachusetts state officials awarded Siemens and Walpole a $4.2 million package of tax breaks, infrastructure outlays, and training grants. Read HERE

    Press Releases

    Statement from Nancy McLernon on Election Results

    “The clear takeaway from last night’s election is that American voters – particularly those in MI, NC, OH, PA, and WI – want more good-paying manufacturing jobs.  Foreign direct investment supports millions of these good paying jobs, and as president-elect Trump and leaders in Congress begin to make America more competitive, the inbound business community looks forward to supporting their efforts.  Global investment provides the types of jobs that Americans need, and making the United States globally competitive must be our top priority.”

    McLernon: Congress Leads the Way in ‘Protecting US Workers,’ Comments from congressional leaders a positive step toward stopping harmful Treasury proposals

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in support of Chairman Hatch, Chairman Brady and Rep. Boustany and members of the Ways and Means Committee for their recent comments regarding the Treasury Department’s debt/equity proposals:

    In the News

    Canadian company plans to add 50 jobs in Henry County

    Canadian-based Novatech Group said that it is investing $3 million to establish its first U.S. manufacturing operation in Henry County, Virginia. The project is expected to create 50 new jobs. The investment was encouraged through a $100,000 grant from the Commonwealth’s Opportunity Fund, and a $130,000 in the Tobacco Region Opportunity Fund. Novatech Group is also eligible to receive state benefits and employee training activities through the Virginia Jobs Investment Program. Virginia was one of seven states competing for this project.

    Siemens plans to add as many as 700 jobs at its Walpole plant

    German industrial giant Siemens AG plans to expand its laboratory diagnostics manufacturing plant in Walpole, Massachusetts. The board voted to approve a $300 million expansion and the addition of 400 to 700 jobs over the next decade. The vote came after Massachusetts state officials awarded Siemens and Walpole a $4.2 million package of tax breaks, infrastructure outlays, and training grants. Read HERE

    Canada-Based Magna International Plans Assembly Plant In Spartanburg County, South Carolina

    Magna International is constructing a new seat manufacturing plant at Tyger River Industrial Park in Spartanburg County, SC. This facility will be the company’s fourth manufacturing plant in South Carolina and represents a $29 million investment and a plan to create 480 new jobs over the next five years. Magna International currently employs about 1,450 people in the state of South Carolina. Read HERE

    E-Newsletter

    OFII News Update on Global Investment In America

    2016 is off to the races, both in Washington and here at OFII.  Below are a few updates I thought you might be interested in.  

    - Nancy McLernon
    President  & CEO
    Organization for International Investment

     

    OFII Hosts 'One-of-a-Kind' Meeting in Davos

    Last week, I was pleased to lead a discussion on foreign direct investment in the United States at the OFII's second annual policy roundtable, alongside the World Economic Forum in Davos, Switzerland.  

    October News Update

    I wanted to share with you some insourcing news from OFII, its members and others who are interested in growing foreign direct investment in the United States.  If you have a good news story for us to share, please send it our way!

    - Nancy McLernon
    President  & CEO, OFII

     

     

    July, One of the Busiest of the Year

    Deep into the dog days of summer in DC, OFII and its members continue to plug away on key priorities. 

    Connecting OFII Companies with Economic Development Professionals

    FDI Is Rising - Helping US Communites Do the Same

    In case you missed it, the U.S. Bureau of Economic Analysis yesterday released its preliminary first quarter 2015 FDI data. 

    OFII has summarized the findings in a new report.  Highlights include: 

    FDI in the United States totaled $192 billion in the first quarter of 2015, jumping 267 percent from the previous quarter.