• Seduced By The False Promise of Buy American Laws
    Proposed Legislation Would Put New Jersey's Economy At Risk
  • New Jersey's Economy Is Helped By Global Companies
    CEO of Philips North America Brent Shafer On The Importance Of Insourcing For NJ
  • McLernon Says Corporate Tax Rate Hinders Competition
    OFII Speaks With Betty Liu About Burger King's Recent Acquisition And Corporate Tax "Inversions"
  • Check Out The Latest AMQ: The Essential Spark!
    The People Behind The Products We Love
  • Coalition Letter To The Senate Finance Committee
    Uniting With The U.S. Chamber, NAM And The NFTC To Express Our Concerns On Inversion Legislation
  • Bloomberg: McLernon: Focus on U.S. Tax Code Fix, Not Inversions
    President & CEO Discusses How Treasury's Regulations Could Chill FDI

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    Seduced By The False Promise of Buy American Laws

    Forbes

    By Dan Ikenson

    It has been said that patriotism is the last refuge of scoundrels. Those words ring especially true this morning in New Jersey, where the legislature is poised to pass a patriotic-sounding, but fiscally-irresponsible “Buy American” law. That outcome might benefit a few scoundrel politicians looking to score points with some local producers and the unions, but it would leave New Jersey’s taxpayers and many of its employers and workers holding the bag.

    N.J.'s economy helped by global companies: Opinion

    Star-Ledger

    By: Brent Shafer, CEO of Philips North America                            

    In today’s economy, every job counts. Every job helps support a family, and contributes to our local, state and national economies. As a result, every U.S. lawmaker is highly focused on what can be done to improve the economy, and there are many ideas and proposed laws about what would produce the best results.

    Businesses oppose 'Buy American' bill as Assembly vote nears

    The Record (NJ) 

    A bill that seeks to promote a "Buy American" philosophy by requiring governmental bodies in New Jersey to purchase only goods made in the U.S. has stoked fierce business opposition as it heads for a vote by the Assembly Thursday.

    McLernon Says Corporate Tax Rate Hinders Competition (Video)

    Bloomberg

    Nancy McLernon, chief executive officer of the Organization for International Investment, talks about Burger King Worldwide Inc.’s acquisition of Canadian coffee and donut chain Tim Hortons Inc. and corporate tax inversions.

    McLernon speaks with Betty Liu on Bloomberg Television's "In the Loop." InterMedia Partners LP's Leo Hindery also speaks.

    Watch the full video HERE.

    Press Releases

    NJ Assembly Considering Bill That Would ‘Significantly Undermine’ Workers, Taxpayers, and Schools

    Coalition of employers expresses concerns with NJ ‘Buy American’ Bills

    TRENTON – A dozen leading business organizations, representing employers of all sizes and sectors, sent a letter to New Jersey state lawmakers in opposition to two “Buy American” bills (A.3059 and S.1811) that threaten to raise costs for taxpayers and make the Garden State less economically competitive.  Here are excerpts from the letter:

    POTUS Backdrop Brought to You by Insourcing

    Insourcing companies – like Toyota – have helped America’s manufacturing comeback

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in conjunction with President Obama’s visit to Millennium Steel as part of Manufacturing Day:

    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:                               

    In the News

    Seduced By The False Promise of Buy American Laws

    Forbes

    By Dan Ikenson

    It has been said that patriotism is the last refuge of scoundrels. Those words ring especially true this morning in New Jersey, where the legislature is poised to pass a patriotic-sounding, but fiscally-irresponsible “Buy American” law. That outcome might benefit a few scoundrel politicians looking to score points with some local producers and the unions, but it would leave New Jersey’s taxpayers and many of its employers and workers holding the bag.

    N.J.'s economy helped by global companies: Opinion

    Star-Ledger

    By: Brent Shafer, CEO of Philips North America                            

    In today’s economy, every job counts. Every job helps support a family, and contributes to our local, state and national economies. As a result, every U.S. lawmaker is highly focused on what can be done to improve the economy, and there are many ideas and proposed laws about what would produce the best results.

    Businesses oppose 'Buy American' bill as Assembly vote nears

    The Record (NJ) 

    A bill that seeks to promote a "Buy American" philosophy by requiring governmental bodies in New Jersey to purchase only goods made in the U.S. has stoked fierce business opposition as it heads for a vote by the Assembly Thursday.

    McLernon Says Corporate Tax Rate Hinders Competition (Video)

    Bloomberg

    Nancy McLernon, chief executive officer of the Organization for International Investment, talks about Burger King Worldwide Inc.’s acquisition of Canadian coffee and donut chain Tim Hortons Inc. and corporate tax inversions.

    McLernon speaks with Betty Liu on Bloomberg Television's "In the Loop." InterMedia Partners LP's Leo Hindery also speaks.

    Watch the full video HERE.

    E-Newsletter

    A Week of Trade and Investment

    While Washington is focused on competitive elections, I wanted to remind you of how important trade is to keeping America competitive in the global race for job creation.

    The Fall Rush Is Here

    The past two days have been important ones as OFII held its annual General Counsel Conference here in Washington.  Chief legal officers of U.S.