Investing in America
  North Dakota
    Economic Development Office  red  Data Source  

JOB FACTS*

U.S. subsidiaries in North Dakota have consistently supported a significant number of jobs in the state. They now employ 7,600 North Dakota workers-an increase of 130% over five years.


PROMINENT U.S. SUBSIDIARIES IN THE STATE

Cavendish Farms

ING America Insurance Holdings Corporation

LM Glasfiber ND Inc.

Global Electric Motocar

Sodexho Inc.

U.S. Foodservice

MANUFACTURING JOB FACTS

U.S. subsidiaries support 3,900 manufacturing jobs in North Dakota, a 160% increase from five years ago. 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 51.3% of jobs at U.S. subsidiaries in North Dakota are in manufacturing industries.


ONE COMPANY'S STORY

LM Glasfiber ND Inc., the U.S. subsidiary of a Danish manufacturer of blades for wind turbines, recently completed an expansion of its Grand Forks facility that increased the number of employees to 200. In the last few years, the company has invested approximately $3 million to expand the plant to meet increased demand. LM Glasfiber's North Dakota plant manufactures medium and large-size blades for the U.S. and Canada.

*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.