Investing in America
  Florida
    Enterprise Florida   red  Data Source  

JOB FACTS*

U.S. subsidiaries in Florida have consistently supported a significant number of jobs in the state. They now employ 244,900 Florida workers-an increase of almost 41% over five years.

In comparison to other states, Florida has proven to be an attractive location for international employers, ranking 5th in the United States in the number of employees supported by U.S. subsidiaries.



PROMINENT U.S. SUBSIDIARIES IN THE STATE

ABB Inc.

AEGON USA, Inc.

Alcon Inc.

Essilor International SA

Intrawest Sandestin Company LLC

Nestlé Waters North America

Reed Elsevier

Siemens Corporation

Sodexho Inc.

Unilever United States, Inc.

White Springs Chemical

Zurich North America

MANUFACTURING JOB FACTS

U.S. subsidiaries support 43,700 manufacturing jobs in Florida, an increase of 6% over five years. 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 17.8% of jobs at U.S. subsidiaries in Florida are in manufacturing industries.


ONE COMPANY'S STORY


Nestlé Waters North America broke ground in July, 2003, on a new $120 million facility that will produce
Nestlé's Deer Park brand bottled water and bring 300 jobs to Madison County. Nestlé Waters North America, a subsidiary of Swiss-based Nestlé S.A., is the largest bottled water business in the U.S.

*Beginning August 2004, the Commerce Department changed the focus of its reported data on jobs supported by foreign direct investment (FDI). From this point on, all FDI statistics will refer only to companies having a majority of foreign ownership. Prior to this change, the Commerce Department followed international standards of including companies that had 10% or more foreign ownership.