Thursday, May 23, 2013
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Alabama

Insourcing (in-sôrs-ing) v. When companies based abroad invest in the United States and create jobs for Americans.

  • U.S. subsidiaries of global companies play a vital role in Alabama’s economy, insourcing 81,200 jobs.
  • Alabama ranks 22nd in the nation in the number of jobs at U.S. subsidiaries.
  • U.S. subsidiaries write paychecks to over 5 percent of Alabama’s private-sector workforce.
Manufacturing Jobs
  •  Nearly 60 percent of jobs at U.S. subsidiaries in Alabama are in the manufacturing industry—accounting for 47,400 jobs.
  • Alabama ranks 16th in the nation for number of manufacturing industry jobs at U.S. subsidiaries.
Greenfield Jobs
  • U.S. subsidiaries announced 27 Greenfield projects* in Alabama in 2010, creating an estimated 3,401 new jobs.
  • U.S. subsidiaries invested an estimated $774 million in Alabama Greenfield projects in 2010.


    • *GREENFIELD PROJECTS: a capital investment to build a new plant, factory or other business.
    Greenfield statistics were prepared by Content First, LLC using fDi Markets.

Unless noted otherwise, statistics are the latest publicly available government data from the Bureau of Economic Analysis, http://www.bea.gov/

Insourcing Company Stories

ThyssenKrupp

Calvert 
ThyssenKrupp Steel USA, LLC and ThyssenKrupp Stainless USA, LLC are the U.S. operations of Germany-based ThyssenKrupp. In December 2010, following a three-year construction period, the company’s new steelmaking and processing plant was officially opened in Calvert, Alabama. The plant’s construction in Alabama is the first of its kind in decades and one of the biggest ever foreign investments in the U.S. It’s the largest economic project in the history of Alabama and will eventually create 2,700 permanent jobs.
 

Hyundai Motor America

Montgomery  
Hyundai Motor Manufacturing Alabama (HMMA) is the U.S. operations of South Korea-based Hyundai Motor Company and is Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant in Montgomery, Alabama employs over 2,400 Americans and is one of the most advanced assembly plants in North America. In November 2009, HMMA Team Members built Hyundai’s one-millionth U.S.-made vehicle, a Sonata sedan. Hyundai’s growing presence in the United States includes over 4,800 employees.
   

OFII Members in AL

ABB Inc.
Air Liquide USA
Airbus North America Holdings
Akzo Nobel Inc.
Alcatel-Lucent
BAE Systems
BASF Corporation
Bimbo Foods, Inc.
BOSCH
Bridgestone Americas Holding
Bunge Ltd.
Daimler
EADS, Inc.
Ericsson
Evonik Degussa Corporation
France Telecom North America
FUJIFILM Holdings America
GDF SUEZ Energy North America, Inc.
GKN America Corp.
GlaxoSmithKline
Hanson North America
Holcim (US) Inc.
Honda North America
Huhtamaki
Hyundai Motor America
InterContinental Hotels Group
John Hancock Life Insurance Co.
LaFarge North America
Maersk Inc.
Magna International
Michelin North America, Inc.
Nestlé USA, Inc.
Novartis Corporation
Oldcastle, Inc.
Pearson Inc.
QBE the Americas
Randstad North America
Reed Elsevier Inc.
Rolls-Royce North America Inc.
SABIC Innovative Plastics
Samsung
Sanofi US
Shell Oil Company
Sumitomo Corp. of America
Thales USA, Inc.
The Tata Group
ThyssenKrupp USA, Inc.
T-Mobile USA
TOTAL Holdings USA, Inc.
Toyota Motor North America
Transamerica
Tyco
UBS
Umicore USA
Voith Holding Inc.
Zurich Insurance Group

 

 

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