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  • U.S. subsidiaries in Iowa play a vital role in supporting jobs. They now employ 37,300 Iowans—an increase of 2.2% over five years.
  • In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains significant. They provide the livelihood for nearly 3% of Iowa's private sector workforce.

  • U.S. subsidiaries support 17,700 manufacturing jobs in Iowa. Manufacturing companies tend to have a strong “multiplier“ effect on the economy—stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.
  • Almost 8% of manufacturing jobs in Iowa are supported by U.S. subsidiaries."
  • U.S. subsidiaries’ employment in Iowa is heavily concentrated in manufacturing. Nearly 50% of these jobs are in manufacturing industries.

  • U.S. subsidiaries consistently support millions of American jobs. They now employ 5.1 million Americans-or 4.4% of private sector employment.
  • U.S. subsidiaries support an annual payroll of $335.9 billion.
  • U.S. subsidiaries provide an average compensation per U.S. worker of $66,042; this is 32% higher than compensation at all U.S. companies.
  • U.S. subsidiaries also spent $121 billion on plant construction and new equipment.
  • U.S. subsidiaries' share of U.S. manufacturing employment represents almost 11% of American manufacturing jobs.


Tate & Lyle, a U.S. subsidiary of a British food and industrial ingredient producer, announced that it will invest $260 million to construct the first phase of a new corn wet mill in Fort Dodge, Iowa. Once finished the plant will have the capacity to process 300,000 bushels of corn per day, which will be used to produce ethanol and cationic starches for the paper industry. This expansion will allow the firm to increase its participation in the growing renewable fuel market.

AEGON USA
Boehringer Ingelheim
Bridgstone Americas
Cadbury Schweppes
Case New Holland
Electrolux
GKN America Corp.
GlaxoSmithKline
Honda
Lafarge North America Inc.
Nestlé USA, Inc.
Novartis
Oldcastle Inc.
Siemens
Sodexho
Square D
Tate & Lyle
Toyota
Tyco