Six States with the Highest Concentration of FDI Jobs

January 25, 2019

The latest government data show that FDI jobs in South Carolina and New Jersey account for 8.2 percent of all private-sector jobs in each state. More than 700 international companies have operations in South Carolina, and in New Jersey, that number reaches almost 1,100. German companies support the most jobs in South Carolina and British companies support the largest number of jobs in New Jersey.

Eight percent of Kentucky’s total jobs are supported by FDI. Japanese companies, including Toyota, are the largest job creators in the state.

New Hampshire’s private sector has a strong presence of FDI jobs, with 7.5 percent of all Granite State jobs supported by international companies. There, British companies support the most FDI jobs, followed by Canada and Switzerland, respectively.

In Connecticut, 7.2 percent of private-sector jobs come from international companies. Continuing to grow its roots at the company’s original headquarters, the job-finding website Indeed, a subsidiary of Japan-based Recruit Holdings Co., Ltd., launched an expansion project in 2017 that will bring 500 additional workers to its already 1,700-strong Stamford workforce.

Indiana’s workforce reflects the same percent of private-sector jobs supported by foreign direct investment as Connecticut. In Indiana, an Italy-based filter manufacturer called Filtrec recently established its first U.S. operation in Daleville. Already, the company has created 25 high-wage positions at the new North American headquarters and has announced plans to triple its Hoosier State footprint within the next five years.

For comparison, the national average of FDI jobs as a share of total private-sector employment in the U.S. is 5.6 percent.