• U.S. subsidiaries in Maine play a vital role in supporting jobs. They now employ 24,400 Mainers.
• In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains significant. They provide the livelihood for nearly 5% of Maine's private-sector workforce.

• U.S. subsidiaries support 6,600 manufacturing jobs in Maine. 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.
• Nearly 11% of manufacturing jobs in Maine are supported by U.S. subsidiaries.
• U.S. subsidiaries’ employment in Maine is heavily concentrated in manufacturing. Over 25% of these jobs are in manufacturing industries.

• U.S. subsidiaries consistently support millions of American jobs. They now employ 5.3 million Americans-or 4.5% of private sector employment.
• U.S. subsidiaries support an annual payroll of $364.2billion.
• U.S. subsidiaries provide an average compensation per U.S. worker of $68,317; this is 32% higher than compensation at all U.S. companies.
• U.S. subsidiaries also spent $160 billion on plant construction and new equipment.
• U.S. subsidiaries' share of U.S. manufacturing employment represents almost 11% of American manufacturing jobs.

Vingtech, a U.S. subsidiary of Norwegian-based Simrad Optronics ASA, and a manufacturer of sophisticated electro-optics, is investing more than $3 million dollars in a new manufacturing facility in Biddeford, Maine. The new operations will create more than 40 quality jobs during its first two years of production in the state. The investment in Maine will be Vingtech's first manufacturing presence in the United States.