August 24, 2011

Greenfield Insourcing Projects - 1st Half 2011, Special Focus: BRICs

Washington, DC- A recent OFII analysis of foreign company Greenfield investments for the first half of 2011 shows just how important the emerging economies of Brazil, Russia, India and China (BRICs) are to the overall growth of the U.S. economy. Greenfield  jobs are jobs created by capital investments to build a new facility or plant from the ground up. While BRIC Greenfield investments are still a small piece of the pie compared to overall foreign direct investment in the U.S. - the U.S. remains the top location for this type of investment, reiterating the need to further highlight and promote the U.S. as a place to come and do business and create jobs.

Link to the full OFII Report, Greenfield Insourcing Projects, 1st Half 2011

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 The Organization for International Investment (OFII) is a business association representing U.S. subsidiaries of global companies. U.S. subsidiaries employ more than five million American workers, support over $408 billion in annual U.S. payroll, account for 13 percent of total U.S. manufacturing jobs, and reinvested an annual $93.1 billion back into their U.S. operations. For additional information, see OFII’s web site at www.ofii.org.

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