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Printable Version

- U.S. subsidiaries in Mississippi
play a vital role in supporting jobs. They now employ
25,200 Mississippians—an increase of 26% over five
years.
- In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains strong. They provide the livelihood for nearly 3% of Mississippi's private-sector workforce.

- U.S. subsidiaries support 13,300
manufacturing jobs in Mississippi. 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.
- More than 7% of manufacturing jobs in Mississippi
are supported by U.S. subsidiaries.
- U.S. subsidiaries’ employment in
Mississippi is heavily concentrated in manufacturing.
Nearly 55% 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.
In February 2007,Toyota
Motor Corp, a U.S. subsidiary of a Japanese
company and one of the world's largest automobile manufacturers
announced a $1.3 billion investment for a manufacturing
plant near Tupelo. Increased demand in North America
prompted Toyota to greatly expand the Tupelo facility's
production capacity. The plant will build 150,000 Highlander
crossover utility vehicles annually. The factory, due
to open in 2009, will initially employ 2,000 factory
workers.
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Akzo Nobel
BASF
BP
Bridgestone Americas
EADS North America
Nissan
Oldcastle Inc.
Rexam
Rolls-Royce North America Inc.
Saint Gobain
Shell Oil Company
Siemens
Sodexho
Solvay Advanced Polymers
Toyota
Tyco
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