Thursday, May 17, 2012
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Massachusetts

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 Massachusetts’ economy, insourcing 185,000 jobs; writing paychecks to more than 6 percent of Massachusetts’ private-sector workforce.
  • Massachusetts ranks 10th in the nation in the number of jobs at U.S. subsidiaries.
Manufacturing Jobs
  • More than 25 percent of jobs at U.S. subsidiaries are in the manufacturing industry—accounting for 47,300 jobs.
  • Massachusetts ranks 15th in the nation in the number of manufacturing industry jobs at U.S. subsidiaries.
Greenfield Jobs
  • U.S. subsidiaries announced 38 Greenfield projects* in Massachusetts last year, creating an estimated 2,360 new jobs.
  • U.S. subsidiaries invested an estimated $788 million in Massachusetts Greenfield projects last year.


    • *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

Novartis US

Cambridge 
Novartis US is the U.S. operations of Switzerland-based Novartis AG, a global leader in the research, development and manufacturing of innovative prescription drugs. In October 2010, the company announced it would invest $600 million to expand its worldwide research and development campus located in Cambridge, Massachusetts. The plan, which will add 400,000 square feet of extra lab space and create 300 new research jobs is scheduled to begin this year.
 

Ahold USA

Quincy 
Ahold USA, is the U.S. operations of Netherlands-based Royal Ahold, an international group of quality supermarkets. Headquartered in Massachusetts, over the past five years Ahold USA has expanded the operations of both their Stop & Shop and Giant chain of supermarkets in Quincy and Braintree. Stop & Shop operates over 128 stores and 83 pharmacies state-wide and is one of the largest private employers in the state with a workforce totaling over 23,000. Ahold’s growth in Massachusetts is part of their $1.1 billion capital investment commitment in the Commonwealth.
   

U.S. Subsidiaries - MA

AEGON USA
Ahold USA
Air Liquide America
AMEC
AREVA
BAE Systems
BASF
bioMerieux, Inc.
BOSCH
BP
Bridgestone Americas
Brother International Corp.
BT
Cobham
Diageo, Inc.
EMD Serono
Ericsson
Experian
GDF Suez Energy North America
GlaxoSmithKline
Hanson North America
Heineken USA
Holcim (US) Inc.
Honda North America
HSBC North America Holdings
ING America
InterContinental Hotels Group
John Hancock Financial Services
Lafarge North America
National Grid
Nestlé USA, Inc.
Nokia, Inc.
Novartis
Oldcastle, Inc.
Panasonic Corp. of North America
Philips Electronics North America
Randstad
Reed Elsevier
Rolls-Royce North America Inc.
SABIC Innovative Plastics
Saint-Gobain
Sanofi Pasteur
sanofi-aventis
SAP America
SCHOTT Corporation
Siemens
Smith & Nephew, Inc.
Sodexo
Syngenta Corporation
Takeda North America
Tata Group
TE Connectivity
Thales USA
Thomson Reuters
T-Mobile USA
TOTAL Holdings USA
Toyota Motor North America
Tyco International
Volkswagen Group of America
Westfield LLC
WPP Group USA
XL Global Services
Zurich North America

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