When companies based abroad invest in the United States and create jobs for Americans.
State Insourcing Jobs:
Private Sector Workforce Employed by FDI:
U.S. subsidiaries of global companies play a vital role in South Carolina’s economy, insourcing 127,300 jobs; writing paychecks to 8 percent of South Carolina’s private-sector workforce.
South Carolina ranks 16th in the nation in the total number of jobs at U.S. subsidiaries.
More than 55 percent of jobs at U.S. subsidiaries in South Carolina are in the manufacturing industry-accounting for 71,800 jobs.
South Carolina ranks 11th in the nation in the number of manufacturing industry jobs at U.S. subsidiaries.
660 insourcing companies have operations in South Carolina.