• 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.

Filter

    All

    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

    Taiwan-Based Everest Textile USA Plans Manufacturing Facility In Forest City, North Carolina

    Everest Textile USA, a Taiwan-based maker of high performance sports apparel, will invest $18.5 million over the next five years to establish a new manufacturing facility in Rutherford County, North Carolina. This will be the company’s first factory outside of Asia and will create 610 new jobs in Forest City. The decision to locate this facility in Rutherford County was partly facilitated by a Job Development Investment Grant that made Everest Textile eligible to receive over $3 million in reimbursements.

    VELUX Expands Manufacturing Complex In Greenwood, South Carolina

    VELUX, a Danish manufacturer of sky lights and roof windows, is expanding its production facility in Greenwood, South Carolina. The expansion represents a $4 million investment and the addition of 21 new jobs at the facility. VELUX was incentivized with a $100,000 grant from the Coordinating Council for Economic Development. 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:

    Business Coalition Presses Treasury Not to Rush New Rules

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement coinciding with the release of a letter signed by more than 75 business associations to congressional leaders expressing concern over Treasury’s new regulations on interest deductibility:

    In the News

    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

    Taiwan-Based Everest Textile USA Plans Manufacturing Facility In Forest City, North Carolina

    Everest Textile USA, a Taiwan-based maker of high performance sports apparel, will invest $18.5 million over the next five years to establish a new manufacturing facility in Rutherford County, North Carolina. This will be the company’s first factory outside of Asia and will create 610 new jobs in Forest City. The decision to locate this facility in Rutherford County was partly facilitated by a Job Development Investment Grant that made Everest Textile eligible to receive over $3 million in reimbursements.

    VELUX Expands Manufacturing Complex In Greenwood, South Carolina

    VELUX, a Danish manufacturer of sky lights and roof windows, is expanding its production facility in Greenwood, South Carolina. The expansion represents a $4 million investment and the addition of 21 new jobs at the facility. VELUX was incentivized with a $100,000 grant from the Coordinating Council for Economic Development. 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.