When companies based abroad invest in the United States and create jobs for Americans.
State Insourcing Jobs:
Private Sector Workforce Employed by FDI:
U.S. subsidiaries in South Carolina play a vital role in supporting jobs. They now employ 133,000 South Carolinians.
South Carolina has proven to be an attractive location for international employers, ranking 2nd in the United States in the number of employees supported by U.S. subsidiaries.
In fact, the relative portion of jobs in South Carolina supplied by U.S. subsidiaries remains significant. They provide the livelihood for more than 8% of South Carolina's private-sector workforce.
U.S. subsidiaries’ employment in South Carolina is heavily concentrated in manufacturing. More than 55% of these jobs are in manufacturing industries.
U.S. subsidiaries support 74,900 manufacturing workers in South Carolina.