• Bloomberg: McLernon: Focus on U.S. Tax Code Fix, Not Inversions
    President & CEO Discusses How Treasury's Regulations Could Chill FDI
  • Europe Groups Fear Being Caught in US Tax Crackdown
    Multinationals Hope To Prevent Becoming Unintended Targets Of Anti-Inversion Legislation
  • Red Tape and Retroactively Raising Taxes Won’t Create Jobs
    Thoughts On The Proposed Corporate Inverters Earnings Stripping Reform Act
  • ‘Inversion Fixes’ Must Not Threaten Foreign Investment
    OFII Applauds Secretary Lew For Recognizing The Importance Of FDI
  • The Hill: US Tax System Is A Global Punchline
    Nancy McLernon Cautions Policymakers Against Legislation That Would Inadvertently Hurt FDI
  • WSJ: Firms Warn Inversion Crackdown Carries Risks
    Foreign-Owned Companies Cite Possible Cuts in US Jobs, Investment

Insourcing Millions of American Jobs

Latest FDI Trends & Statistics

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Global companies employ over 5.6 million Americans.

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    Unilever initiative helps 25 million people gain toilet access by 2020

    The Guardian

    Currently 2.5 billion people live without access to a toilet, so Unilever created an initiative to help 25 million of those people gain toilet access by the year 2020. Unilever initiated to Unilever Sustainable Living Plan, which was launched in 2010, to improve the health and well-being of others, reduce environmental impact, and enhance livelihoods.

    Read the full article HERE

    Panasonic, Coronal complete nine PV projects totaling 16.2 MW in Central California

    California: Solar Server

    Panasonic and Coronal Group LLC announced the completion of nine solar photovoltaic (PV) projects in Tulare and Kings Countries in California, making a total of 16.2 MW. The PV plants provide solar power in South California for about 14,500 homes. The two corporations acquired the California Renewable Energy Small Tariff projects in 2013, and a USD 50 million funding commitment by Ullico Inc.

    China-Based Haier Group Opens New Headquarters In Wayne, New Jersey

    New Jersey: Area Development Online News Desk

    Haier America opened its new headquarters in Wayne, New Jersey. The China-based Haier Group relocated its headquarters to a 56,000 square-foot facility in New Jersey. Currently the consumer electronics company maintains over 360 employees within the U.S., and about 200 of which are now located in the new headquarters. 

    Read the full article HERE

    Press Releases

    Red Tape and Retroactively Raising Taxes Won’t Create Jobs

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in response to Senator Charles Schumer’s introduction of the Corporate Inverters Earnings Stripping Reform Act, intended to curb corporate expatriations:

    ‘Inversion Fixes’ Must Not Threaten Foreign Investment

    OFII applauds Secretary Lew for recognizing the importance of foreign investment

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in response to U.S. Secretary of Treasury Jack Lew’s comments this morning regarding efforts to curb corporate expatriations:                               

    So-Called ‘Inversion’ Fixes Threaten Foreign Investment

    OFII urges caution in efforts to limit corporate inversions so that historic foreign companies are not inadvertently impacted

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement after sending comments to the Senate Finance Committee regarding legislation intended to curb corporate expatriations:

    Tax Treaties Will Attract Greater Global Investment

    McLernon applauds Senate Foreign Relations Committee’s action on bilateral tax treaties

    WASHINGTON – Nancy McLernon, President and CEO of the Organization for International Investment (OFII), issued the following statement after the U.S. Senate Committee on Foreign Relations passed bilateral tax treaties with Spain and Poland:

    In the News

    China-Based Haier Group Opens New Headquarters In Wayne, New Jersey

    New Jersey: Area Development Online News Desk

    Haier America opened its new headquarters in Wayne, New Jersey. The China-based Haier Group relocated its headquarters to a 56,000 square-foot facility in New Jersey. Currently the consumer electronics company maintains over 360 employees within the U.S., and about 200 of which are now located in the new headquarters. 

    Read the full article HERE

    Panasonic, Coronal complete nine PV projects totaling 16.2 MW in Central California

    California: Solar Server

    Panasonic and Coronal Group LLC announced the completion of nine solar photovoltaic (PV) projects in Tulare and Kings Countries in California, making a total of 16.2 MW. The PV plants provide solar power in South California for about 14,500 homes. The two corporations acquired the California Renewable Energy Small Tariff projects in 2013, and a USD 50 million funding commitment by Ullico Inc.

    Unilever initiative helps 25 million people gain toilet access by 2020

    The Guardian

    Currently 2.5 billion people live without access to a toilet, so Unilever created an initiative to help 25 million of those people gain toilet access by the year 2020. Unilever initiated to Unilever Sustainable Living Plan, which was launched in 2010, to improve the health and well-being of others, reduce environmental impact, and enhance livelihoods.

    Read the full article HERE

    E-Newsletter

    The 'Inversion' Diversion

    The recent spate of so-called corporate “inversions” – where an American company relocates its global headquarters to another country through a purchase of a foreign company – is the latest political diversion from policies that will make America more economically competitive.  Ostensibly, these inversion deals are undertaken to lower a company’s tax burden.  However, Washington’s response to-date will not only have little impact on such transactions, 

    Updates on Tax Treaties, AGI Caucus and CFIUS Ruling

    On Wednesday, the U.S. Senate Committee on Foreign Relations favorably marked-up bilateral tax treaties with Spain and Poland. Bilateral tax treaties and protocols are extremely important in promoting a competitive environment for foreign investment in the United States. Movement on these two treaties signal that the United States is serious about creating jobs here at home by welcoming investment from abroad. The Senate must act quickly to ratify these treaties, as well as others that are awaiting Floor action, including treaties with Chile, Hungary, Luxembourg and Switzerland.

    News on Global Investment in the United States

    New Caucus on Global Investment to Launch This Week

    Have you heard about what’s happening in Congress this Thursday?  The recently launched American Global Investment Caucus will be hosting its inaugural briefing on Thursday, July 10 at 1:30 p.m. in the Rayburn House Office Building (room B-318). This is the only caucus in Congress exclusively dedicated to promoting global investment in the United States.