Investing in America
  Utah
 International Business Development Office  red  Data Source  

JOB FACTS*

U.S. subsidiaries in Utah have consistently supported a significant number of jobs in the state. They now employ 31,100 Utah workers-an increase of 29% over five years.

PROMINENT U.S. SUBSIDIARIES IN THE STATE

Browning

Kennecott Utah Copper

Komatsu Equipment Company

Nestle USA, Inc.

Sodexho Inc.

Tooele Engine

Wipro Technologies

MANUFACTURING JOB FACTS

U.S. subsidiaries support 10,100 manufacturing jobs in Utah, an increase in 23% 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 32.5% of jobs at U.S. subsidiaries in Utah are in manufacturing industries.


ONE COMPANY'S STORY

Wipro Technologies, a U.S. subsidiary of an Indian healtcare information technology services company, is planning on creating up to 500 new jobs in rural Utah. The company says the jobs will range from health care transaction processing to high-paying medical professional positions, some of which will pay around $60,000 annually.

*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.