• 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
  • Latest Edition of AMQ Now Available!
    Issue Focuses On How Insourcing Companies Help American Communities Thrive

Insourcing Millions of American Jobs

Latest FDI Trends & Statistics

JOBS BY STATE
Global companies employ over 5.6 million Americans.

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    Areva, Brown's Ferry Reach $250 Million Fuel Deal

    Tennessee: Nuclear Street

    Areva announced last Thursday a quarter-billion-dollar deal to supply fuel to three reactors at Brown Ferry, owned by the Tennessee Valley Authority. The deal will cover nine fuel loads, as well as a core monitoring technology and other services. 

    Read the full article HERE

    Anheuser-Busch InBev seeks financing for SABMiller purchase

    Illinois: Milwakee Business Journal

    Anheuser-Busch InBev is talking with banks about financing a $122 billion deal to purchase SABMiller, the owner of Miller Lite and Coors Light brewer MillerCoors LLC. The deal could merge the world’s two largest brewers; however, the Wall Street Journal said analysts speculate this deal may lead SABMiller to sell its stake in MillerCoors, located in Chicago, IL, and in Chinese subsidiary CR Snow to overcome the antitrust concerns.

    Germany-Based Oemeta To Establish Manufacturing Plant in Salt Lake City, Utah

    Utah: Area Development Online News Desk

    Oemeta, a German-based company that focuses on production of water-based cooling lubricants for the automotive and metal industries, will build a manufacturing plant in Salt Lake County, Utah. The company hopes to create 58 new jobs during the next seven years. Oemeta is a green chemistry leader in industrial machining for companies such as BMW and Audi, so the company will create cutting edge bio-based technology.

    PSC Biotech Plans New $11.5 Million Production Facility in Madison, Wisconsin

    Wisconsin: Area Development Online News Desks

    PSC Biotech Corp., a life science company, is opening a new 37,000-square-foot facility in Madison, Wisconsin, which will create approximately 100 jobs in the next three years. The company will invest $11.5 million in the project to manufacture high-potency sterile injections to fight against cancer.

    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

    PSC Biotech Plans New $11.5 Million Production Facility in Madison, Wisconsin

    Wisconsin: Area Development Online News Desks

    PSC Biotech Corp., a life science company, is opening a new 37,000-square-foot facility in Madison, Wisconsin, which will create approximately 100 jobs in the next three years. The company will invest $11.5 million in the project to manufacture high-potency sterile injections to fight against cancer.

    Read the full article HERE

    Germany-Based Oemeta To Establish Manufacturing Plant in Salt Lake City, Utah

    Utah: Area Development Online News Desk

    Oemeta, a German-based company that focuses on production of water-based cooling lubricants for the automotive and metal industries, will build a manufacturing plant in Salt Lake County, Utah. The company hopes to create 58 new jobs during the next seven years. Oemeta is a green chemistry leader in industrial machining for companies such as BMW and Audi, so the company will create cutting edge bio-based technology.

    Anheuser-Busch InBev seeks financing for SABMiller purchase

    Illinois: Milwakee Business Journal

    Anheuser-Busch InBev is talking with banks about financing a $122 billion deal to purchase SABMiller, the owner of Miller Lite and Coors Light brewer MillerCoors LLC. The deal could merge the world’s two largest brewers; however, the Wall Street Journal said analysts speculate this deal may lead SABMiller to sell its stake in MillerCoors, located in Chicago, IL, and in Chinese subsidiary CR Snow to overcome the antitrust concerns.

    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.