JOB FACTS*

U.S. subsidiaries in Texas have consistently supported a significant number of jobs in the state. They now employ 351,400 Texas workers-an increase of nearly 29% over five years.

In comparison to other states, Texas has proven to be an attractive location for international employers, ranking 3rd 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.

Akzo Nobel, Inc.

Alcon, Inc.

Ericsson Inc.

Honda

NEC America

Nestlé USA, Inc.

Nokia, Inc.

Nortel Networks

Reed Elsevier Inc.

Saint-Gobain Corporation

Samsung

SAP America Inc.

Siemens Subscriber Networks

Sodexho Inc.

T-Mobile USA, Inc.

The Thomson Corporation

Tomkins Industries

Toyota Motor North America, Inc.

Zurich North America

MANUFACTURING JOB FACTS

U.S. subsidiaries support 105,300 manufacturing jobs in Texas. 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 30% of jobs at U.S. subsidiaries in Texas are in manufacturing industries.

ONE COMPANY'S STORY

Samsung, a U.S. subsidiary of a South Korea-based company, is adding 300 high-paying, high-tech jobs to the current 930 positions at its Austin semiconductor plant. While Samsung is investing $500 million total, about $400 million will go to upgrading the plant's semiconductor fabrication equipment. The rest will go to physical plant expansion. The new jobs will pay an average of $53,000 per year.