JOB FACTS*

U.S. subsidiaries in California have consistently supported a significant number of jobs in the state. They now employ 616,400 California workers-an increase of 32% over five years.

In comparison to other states, California has proven to be an attractive location for international employers, ranking 1st in the United States in the number of employees supported by U.S. subsidiaries.

In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries has also risen over time. They provide the livelihood for almost 5% of California's private-sector workforce.

PROMINENT U.S. SUBSIDIARIES IN THE STATE

ABB Inc.

Alcon Inc.

Honda

BAE Systems North America

GKN Aerospace Services

Hitachi Chemical Co.

Hyundai-Kia

Matsushita Electric Corporation

Nestlé USA, Inc.

Reed Elsevier

Roche Consulting

Saint-Gobain

Shaklee Corporation

Siemens Corporation

Sodexho Inc.

Sony Electronics

Thales Inc.

Toyota Motor North America

Unilever United States, Inc.

Vodafone Americas Inc.

Zurich North America

MANUFACTURING JOB FACTS

U.S. subsidiaries support 149,500 manufacturing jobs in California. Manufacturing companies tend to have a strong "multiplier" effect on the economy-stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.

Overall, approximately 24.3% of jobs at U.S. subsidiaries in California are in manufacturing industries.

ONE COMPANY'S STORY

BAE Systems, the U.S. subsidiary of the British high-tech company, will employ approximately 550 people in its new Los Angeles facility. The office and prototype development building houses BAE's Integrated Solutions unit and opened in May, 2003. The facility will employ mostly high-tech positions and feature office space as well as technical labs and test facilities.