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    Issue Focuses On How Insourcing Companies Help American Communities Thrive
  • WSJ: Firms Warn Inversion Crackdown Carries Risks
    Foreign-Owned Companies Cite Possible Cuts in US Jobs, Investment
  • So-Called ‘Inversion’ Fixes Threaten Foreign Investment
    OFII Urges Caution In Efforts To Limit Inversions So That Investment Is Not Inadvertently Impacted
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Global companies employ over 5.6 million Americans.

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    ABB Robotics Introduces New Robots, Turnkey Manufacturing Cells and Enhanced Technology at IMTS 2014 in Chicago

    Robotics.org

    ABB Robotics will feature over ten advanced technology demonstrations at the 2014 International Manufacturing Technology Show (IMTS), September 8-13 at McCormick Place in Chicago. The demos include new robots, turnkey manufacturing cells, and enhanced technology designed to increase manufacturing productivity for operations of varying sizes and industry sectors.

    Aeroflot Begins Partnership with Intercontinental Hotels Group

    Travel Daily News

    Aeroflot, a major Russian airline company, and major international hotel company InterContinental Hotels Group (IHG) announced the start of their cooperation focused on the Aeroflot Bonus frequent flyer program. From now on, program participants will be able to accrue bonus miles when they stay in IHG hotels around the world.

    Read the full article HERE.

    Case Invests $24M for Burlington, Iowa Expansion

    Iowa

    CNH Industrial N.V. and Case Construction Equipment announced it is investing $24 million to expand production in Burlington, Iowa, with the addition of the company’s M series crawler dozer production line. The expansion will create approximately 50 full-time jobs, with preparation beginning later this year. 

    Read the full article HERE.

    Press Releases

    So-Called ‘Inversion’ Fixes Threaten Foreign Investment

    OFII urges caution in efforts to limit corporate inversions so that historic foreign companies are not inadvertently impacted

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement after sending comments to the Senate Finance Committee regarding legislation intended to curb corporate expatriations:

    Tax Treaties Will Attract Greater Global Investment

    McLernon applauds Senate Foreign Relations Committee’s action on bilateral tax treaties

    WASHINGTON – Nancy McLernon, President and CEO of the Organization for International Investment (OFII), issued the following statement after the U.S. Senate Committee on Foreign Relations passed bilateral tax treaties with Spain and Poland:

    New Caucus Highlights How Global Investment Works for America

    Inaugural congressional briefing details the value insourcing companies provide

    WASHINGTON – Today, the recently established American Global Investment Caucus held its inaugural briefing to educate Members on the importance of global investment (FDI) in America’s economy.  This is the only caucus in Congress exclusively dedicated to promoting global investment in the United States.

    Congressmen Kevin Brady (R-TX) and Jim Moran (D-VA) co-chair the caucus and organized today’s Members meeting.

    Business Groups: ‘Buy American’ Bills Hurt ‘New Jersey Workers, Employers, and Taxpayers’

    FOR IMMEDIATE RELEASE – June 11, 2014                                                         

    CONTACT – Jonathan Samford, OFII, 202.659.1903

    TRENTON – Nearly a dozen leading business organizations, representing employers of all sizes and sectors, issued letters to New Jersey state lawmakers in opposition to two “Buy American” bills (S.1811 and A.3059) that threaten to raise costs for taxpayers and make the state less competitive.  Here are excerpts from the letter:

    In the News

    Aeroflot Begins Partnership with Intercontinental Hotels Group

    Travel Daily News

    Aeroflot, a major Russian airline company, and major international hotel company InterContinental Hotels Group (IHG) announced the start of their cooperation focused on the Aeroflot Bonus frequent flyer program. From now on, program participants will be able to accrue bonus miles when they stay in IHG hotels around the world.

    Read the full article HERE.

    ABB Robotics Introduces New Robots, Turnkey Manufacturing Cells and Enhanced Technology at IMTS 2014 in Chicago

    Robotics.org

    ABB Robotics will feature over ten advanced technology demonstrations at the 2014 International Manufacturing Technology Show (IMTS), September 8-13 at McCormick Place in Chicago. The demos include new robots, turnkey manufacturing cells, and enhanced technology designed to increase manufacturing productivity for operations of varying sizes and industry sectors.

    Case Invests $24M for Burlington, Iowa Expansion

    Iowa

    CNH Industrial N.V. and Case Construction Equipment announced it is investing $24 million to expand production in Burlington, Iowa, with the addition of the company’s M series crawler dozer production line. The expansion will create approximately 50 full-time jobs, with preparation beginning later this year. 

    Read the full article HERE.

    E-Newsletter

    News on Global Investment in the United States

    New Caucus on Global Investment to Launch This Week

    Have you heard about what’s happening in Congress this Thursday?  The recently launched American Global Investment Caucus will be hosting its inaugural briefing on Thursday, July 10 at 1:30 p.m. in the Rayburn House Office Building (room B-318). This is the only caucus in Congress exclusively dedicated to promoting global investment in the United States.

    OFII: News on Global Investment in the United States

    OFII Talks Foreign Investment with White House and Congressional Leaders

    This week, foreign investment and insourcing companies were the talk of Washington, DC.  On Tuesday, executives from nine foreign companies - including OFII members Ericsson, Umicore USA and Zurich North America - sat down with President Obama to discuss the importance of global investment for U.S. economic growth and job creation.