Saturday, May 18, 2013
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South Carolina

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 South Carolina’s economy, insourcing 104,300 jobs; writing paychecks to 7 percent of South Carolina’s private-sector workforce.
  • South Carolina ranks 16th in the nation in the number of jobs at U.S. subsidiaries.
Manufacturing Jobs
  • More than 57 percent of jobs at U.S. subsidiaries in South Carolina are in the manufacturing industry—accounting for 60,000 jobs.
  • South Carolina ranks 12th in the nation in the number of manufacturing industry jobs at U.S. subsidiaries.
Greenfield Jobs
  • U.S. subsidiaries announced 40 Greenfield projects* in South Carolina in 2010, creating an estimated 4,620 new jobs.
  • U.S. subsidiaries invested an estimated $1.2 billion in South Carolina 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

Michelin North America

Greenville 
Michelin North America, is the U.S. operations of France-based Michelin, a world leader in the manufacturing of tires for cars, trucks, vans, and SUVs. Since March 10, 1975, when the very first American-built radial passenger tire came off the line at Michelin’s Greenville, S.C. plant, the company has only increased its presence in the state. U.S. headquartered in Greenville, the company employs over 7,750 workers state-wide at additional locations in Spartanburg, Laurens, Duncan, Lexington, Sandy Springs, and Starr, South Carolina.
 

BMW of North America

Spartanburg 
BMW of North America is the U.S. operations of Germany-based BMW Group, a manufacturer of automobiles and motorcycles worldwide. In October 2010, the company celebrated the opening of its second U.S. assembly plant in Spartanburg, South Carolina. The $750 million expansion will support the production of the next generation X-3 Sports Activity Vehicle. The Spartanburg expansion included the assembly of a 1.2 million-square-foot assembly hall, a 300,000-square-foot paint shop addition and 1,600 new jobs. The expansion will centralize BMW’s expertise for its X models and eventually increase the plant’s output by 50 percent to 240,000 vehicles per year.
   

OFII Members in SC

ABB Inc.
ACE Group
Ahold USA, Inc.
Air Liquide USA
Akzo Nobel Inc.
Alcatel-Lucent
AMEC
APL Limited
AREVA, Inc.
BAE Systems
Balfour Beatty
BASF Corporation
BIC Corp.
Bimbo Foods, Inc.
BMW of North America
BOSCH
BP
Bridgestone Americas Holding
Bunzl USA
Covidien
Daimler
Electrolux North America
Ericsson
Flextronics International
Food Lion, LLC
France Telecom North America
FUJIFILM Holdings America
GKN America Corp.
GlaxoSmithKline
Hanson North America
Henkel Corporation
Holcim (US) Inc.
Honda North America
Iberdrola Renewables
InterContinental Hotels Group
John Hancock Life Insurance Co.
Maersk Inc.
Magna International
Michelin North America, Inc.
Nestlé USA, Inc.
Nissan
Novartis Corporation
Oldcastle, Inc.
Pearson Inc.
Philips Electronics North America
QBE the Americas
Randstad North America
Reed Elsevier Inc.
Rexam Inc.
Rio Tinto America
Roche Holdings, Inc.
Rolls-Royce North America Inc.
Samsung
Sanofi US
Schneider Electric USA
Siemens Corporation
Solvay America
Sumitomo Corp. of America
Swiss Re America Holding Corp.
Syngenta Corporation
The Tata Group
T-Mobile USA
TOTAL Holdings USA, Inc.
Transamerica
Tyco
UBS
Voith Holding Inc.
WPP Group USA, Inc.
XL Global Services

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