SelectUSA has directly assisted in winning more than $18 billion in job-creating business investment

At a time when our businesses have created 9.2 million new jobs in just over four years, and more companies are considering bringing jobs here, we have a choice to make. We can make it easier for businesses to invest in America or we can make it harder. It has been a top priority for this administration to do all we can to help businesses invest in the U.S. and support good jobs for American workers, and the President wants to work with Congress to continue to create jobs and expand opportunity for more Americans. oasis hotel in cancun mexico But where Congress won t act, the President will.
In 2011, the President launched SelectUSA a global team in embassies abroad and agencies at home focused on encouraging and supporting companies oasis hotel in cancun mexico to bring job-creating investment to the United States. Last October, the President hosted the first-ever SelectUSA oasis hotel in cancun mexico Summit, bringing more than 1,300 people oasis hotel in cancun mexico - business executives from more than 60 countries, governors, mayors, and economic development officials from 48 states to see the benefits of doing business oasis hotel in cancun mexico and creating oasis hotel in cancun mexico jobs in the U.S. and establishing the connections to make that happen.
The insourcing trend continues to grow, with survey after survey showing companies choosing to invest in the U.S. An AT Kearney survey ranked the U.S. #1 in the world for the first time since 2001 . A 2013 Boston Consulting Group survey of U.S. manufacturers with production abroad found that the majority (54 percent) are looking at re-shoring to the United States from China, up from 37 percent in 2012. An Organization for International Investment (OFII) / PricewaterhouseCoopers LLP survey showed that executives see the U.S. as the preferred location amongst advanced economies.
Today, the President, with Commerce Secretary Penny Pritzker, Senior Advisor Valerie Jarrett, and National Economic Council Director Jeff Zients will host a roundtable with companies that have recently chosen oasis hotel in cancun mexico to invest in the United States. These companies have recognized the many advantages of locating, growing, and hiring in the United States, and they will discuss the key reasons they chose to invest and hire in the U.S. and what more we can do together to bring even more job-creating investment to the U.S. Together, the roundtable oasis hotel in cancun mexico participants are investing billions of dollars in the U.S. and creating thousands of new jobs.
Today, the President is announcing the second SelectUSA oasis hotel in cancun mexico Summit to be held in Spring of 2015 in Washington, D.C. With the success of the first summit, this event will be twice the size with more than 2,500 people oasis hotel in cancun mexico from around the world to help bring more job-creating investments to the U.S and to share stories about what Made in America really means.
SelectUSA has directly assisted in winning more than $18 billion in job-creating business investments for the United States in 17 different states and territories, and since October has assisted nearly 500 businesses, encouraging them to invest in the U.S. and helping them to navigate the Federal government.
The White House and Department of Commerce released a new report Winning Business Investment oasis hotel in cancun mexico in the United States that highlights oasis hotel in cancun mexico the growing attractiveness of investing in the U.S., the importance of inbound investment, and progress oasis hotel in cancun mexico on the President s SelectUSA initiative.
Investment in the U.S. is growing due to one of the most highly-skilled and productive workforces, low-cost and abundant energy resources, global leadership in innovation oasis hotel in cancun mexico and invention, access to global markets, and rising costs abroad.
Since 2006, the United States has been the world s largest oasis hotel in cancun mexico recipient of foreign direct investment (FDI) and receives the majority of all inflows to the G7. U.S. affiliates of non-U.S. firms employ oasis hotel in cancun mexico 5.6 million Americans.
In a 2013 survey of 300 global executives, the U.S. was ranked the top destination for global business cross-border investment , the first time the U.S. has been at the top since 2001. [ AT Kearney oasis hotel in cancun mexico ]
The share of U.S. executives actively considering bringing back production from China rose to 54 percent oasis hotel in cancun mexico in survey released September 2013, compared with 37 percent only 18 months earlier. oasis hotel in cancun mexico [ The Boston Consulting Group ]
In a survey of company financial oasis hotel in cancun mexico officers in 2014, more than 80% surveyed believe oasis hotel in cancun mexico the U.S. business climate is getting stronger, oasis hotel in cancun mexico and 60% surveyed prefer the U.S. to all other advanced economies compared to just 25% making the same claim in 2011. [ Organization for International Investment and PricewaterhouseCoopers ]
In the U.S. and around oasis hotel in cancun mexico the world, SelectUSA works to encourage investment from companies, advocating for the U.S., providing companies with the information they need, and connecting them to the resources that will bring them to the U.S., with country-specific strategies in 32 markets representing more than 90% of FDI.
Ericsson, a Swedish multinational corporation, is a world-leading provider of communications technology, software, and services for telecommunications operators and other industries. 40 percent of the world s mobile traffic goes through oasis hotel in cancun mexico Ericsson networks every day servicing more than 2.5 billion subscribers. In September 2013, Ericsson completed a massive expansion of its Plano, Texas campus, which also serves as its North American headquarters. oasis hotel in cancun mexico Since 2001, Ericsson has more than quadrupled its workforce oasis hotel in cancun mexico in Plano, to approximately 4,500 employees. Ericsson has invested $7 billion in U.S. acquisitions over the past six years and sees opportunities for more growth in the U.S.
Ford Motor Company, oasis hotel in cancun mexico a global automotive industry leader based in Dearborn, oasis hotel in cancun mexico Mich., is set to launch 23 new vehicles to customers around the world. Building on the addition of 14,000 new hires over the past two years, Ford will add more than 5,000 U.S. jobs in 2014 to meet this unprecedented growth. This past year, Ford also invested $200 million in its Cleveland, Ohio plant to manufacture Ford s 2.0-liter EcoBoost engines, supporting 450 additional jobs in Ohio. Previously, a Ford plant in Europe supported U.S. demand for these engines. Ford made the move to assemble these engines in Ohio to help meet rising consumer demand in the U.S. for this award-winning engine.
GLOBALFOUNDRIES is the second largest contract chip manufacturer in the world. Launched in 2009 as a partnership between AMD and Mubadala Development Company, GLOBALFOUNDRIES is based in Silicon Valley with manufacturing operations in Germany, Singapore and the United States (Malta, NY), as well as research partnerships around the globe. GLOBALFOUNDRIES is now operating and expanding their new Fab 8 facility at the Luther Forest oasis hotel in cancun mexico Technology Campus in Saratoga County, oasis hotel in cancun mexico NY, the most advanced semiconductor foundry manufacturing and technology development center in the United States. In 2013, the company announced an expansion with a $2 billion investment in a Technology Development Center on the same campus, bringing the company s total investment to more than $8.5 billion at that location. Since breaking oasis hotel in cancun mexico ground on Fab 8 in 2009, the company oasis hotel in cancun mexico has created more than 2,200 new full-time direct jobs, as well as approximately 650 contractor positions, and expects to create an additional 600 full-time positions by the end of this year. According to company data, the Fab 8 project has required more than 6 million man hours of construction and created more than 10,000 new construction jobs and thousands of construction-related jobs since 2009.
Hankook Tire, a South Korean tire manufacturer, is a leading global provider of passenger, SUV, trucks, buses, and competition tires. Hankook Tire America is the company s U.S. subsidiary, with headquarters in Wayne, New Jersey and a Research and Development center in Akron, Ohio. Hankook Tire America is a strategic partner to Ford, and a supplier for Hyundai s Alabama operations. The company is planning to invest $800 million in a state-of-the-art plant in Clarksville, Tennessee, the company s first in the United States. At full capacity, the new plant will support approximately 1,800 full-time jobs. The company cited growing demand in the United States, a desire to establish a production base in all major markets, oasis hotel in cancun mexico and access to an increasingly important customer base as reasons for manufacturing in the United States. Hankook is expected oasis hotel in cancun mexico to break ground on its plant this year and begin tire production by 2016.
K NEX Brands is a U.S. manufacturer of construction toys based in Hatfield, Pennsylvania. Founded in 1992, K NEX Brands oasis hotel in cancun mexico and their wholly owned plastic injection molding subsidiary, The Rodon Group, founded in 1956, manufacturers brands such as K NEX Building Sets, Lincoln Logs(r), Tinkertoy(r), NASCAR(r), Angry Birds(tm), and more. Over the past five years, K NEX, a family-owned company, has been moving its toy production from Asia back to its plant in Pennsylvania. Approximately 95 percent of the parts and 80 percent of the finished products are now made in the United States. K NEX cites speed to market (about oasis hotel in cancun mexico three times as fast as the competition) and cost savings (about 30 percent less expensive than the competition) as two reasons for their investment in the United States. President Obama visited K NEX in 2012.
Lufthansa Group, the largest airline group in Europe, is comprised of several businesses that are world market leaders in their segments (Lufthansa Passenger Airlines / Swiss / Austrian / Brussels Airlines, Lufthansa Cargo, Lufthansa oasis hotel in cancun mexico Technik, Lufthansa oasis hotel in cancun mexico Systems and LSG SkyChefs). Lufthansa companies account for 10,000 employees in the U.S. alone. Lufthansa has multi-billion-dollar investments in the U.S. with its long-standing partnerships with The Boeing Company, General Electric, and Honeywell among others. In addition, Lufthansa owns 19 percent interest in the U.S. airline JetBlue Airways. In April 2014, Lufthansa Technik the largest independent global provider of maintenance, repair, and overhaul services oasis hotel in cancun mexico for aircraft, engines, oasis hotel in cancun mexico and component parts announced a significant investment in the Commonwealth of Puerto Rico that is expected to cre