Latest

Looking for more information about foreign direct investment, international companies and U.S. competitiveness? Well, we’ve got you covered. Here you can find press releases, letters to policymakers, factsheets and insights on specific topics, as well as company announcements and industry perspectives.

Danfoss Partnering with Tallahassee Community College to Train Skilled Workers

Danfoss will select and hire a handful of candidates who will go through a six-week training program at the school. Across Florida, about nine thousand manufacturing jobs go vacant because of a lack of skilled workers, and this program is looking to change that.

Siemens Investing $32 Million into Its Newark, Delaware Manufacturing Plant

Siemens is planning on drastically upgrading the manufacturing capabilities of its Newark, Delaware facility. The $32 million investment allows the company to produce more than 20 new diagnostic trails over the next two years.

Siemens Wins $14 Million Contract to Upgrade Ventilation Systems at U.S. Air Force Base

Siemens Government Technologies won a $14 million contract from the Army Corps of Engineers to upgrade the cooling and ventilation systems at Hill Air Force Base in Utah. The USACE considered 14 firms before ultimately selecting Siemens.

Novartis Pledges $3 Million to Improve Cardiovascular Health in Philadelphia

Novartis is partnering with Jefferson Health as part of Jefferson Health’s “Closing the Gap” program, which works to alleviate socio-economic problems. Novartis has set a company-wide goal to reduce cardiovascular deaths throughout the U.S. and plans to take what it learns from the Philadelphia programs and implement it country-wide.

BAE Systems Awarded 10-Year, $872 Million Contract for the U.S. Army’s Limited Interim Missile Warning System

BAE Systems has won a contract to provide life-cycle sustainment and technical support to the U.S. Army’s Limited Interim Missile Warning System.

Diageo Opens Its First Carbon-Neutral Distillery in the U.S.

Diageo’s Lebanon, Kentucky, whiskey distillery plans to run entirely on renewable energy. The project is part of the company’s plans to reduce carbon emissions to net-zero by 2030. In the U.S., it is twice as expensive to run a distillery with renewable energy, as opposed to fossil fuels. This is Diageo’s fourth CO2-neutral distillery.

Shell Starts Production at Its First Renewable Natural Gas Facility in the U.S. in Junction City, Oregon

The new facility is expected to produce 736,000 MMBtu a year of RNG. Shell is developing more plants in Plains, Kansas, and Wendell, Idaho, as part of its growing portfolio of renewable natural gas facilities in the United States.

DHL Investing $300 Million to Automate and Expand its U.S. Distribution Center Network

DHL is expanding its U.S. operations to keep up with high demand following elevated online shopping activity after the COVID-19 pandemic. The $300 million investment will increase the square footage of DHL’s U.S. distribution network by 70% over the next five years and will add more automation to its facilities.

GE Is Returning to Connecticut by Building a New Appliance Warehouse, Creating 25 New Jobs

Four years since moving out of Connecticut, General Electric is returning by opening a new appliance warehouse in Stamford. The 67,000-square-foot facility will feature small appliance manufacturing and will open in phases in 2022.

L’Oréal USA Partners with the Anti-Defamation League to Take a Stand Against Antisemitism and Other Forms of Discrimination

L'Oréal has partnered with the Anti-Defamation League to raise awareness and understanding about the Holocaust to students in American classrooms. The initiative will create direct-to-student class room activities for more than 100,000 middle school and high school students in the United States. Jean-Paul Agon, L'Oréal's Group Chairman, will receive the ADL’s Courage Against Hate Award.

Toyota Plant Celebrates 25 Years in West Virginia With $189,000 Donation to Local University

Toyota is commemorating 25 years since its plant opening in Buffalo, West Virginia. The plant has expanded multiple times over the years and now employs more than 2,000. As part of their celebration, Toyota made a $189,000 contribution to West Virginia Tech to create an after-school computer science program to get more girls into STEM.

Airbus to Deliver All Airplanes with Sustainable Aviation Fuel from Its Mobile, Alabama Facility

Airbus will begin delivering aircraft manufactured at the Mobile facility with Sustainable Aviation Fuel which reduces CO2 by up to 80%. By November 2021, all aircraft will be delivered with U.S.-sourced Sustainable Aviation Fuel.

Kering Pledges to Go Entirely Fur Free Citing Concerns Over Animal Treatment and the Environment

Starting from the fall 2022 collections, none of the group’s houses will be using fur. Starting with Gucci in 2017, all Kering’s brands have progressively decided to take this step.

CGI Group Looking to Make Acquisitions in the U.S.

CGI Group is planning to double its size with acquisitions and is considering deals in the United States. CGI is looking to build its commercial information technology consulting business in the United States.

InterContinental Hotels Group Joining Coalition to Hire and Help Afghan Refugees

InterContinental Hotel Groups is partnering with 35 companies to help Afghan refugees find jobs, training and other resources. IHG is planning to roll out work readiness and skill programs for refugees.

Huhtamaki Receives Gold Medal Award for Sustainability Performance by EcoVadis

Huhtamaki ranks in the top 5% of 75,000 rated companies. EcoVadis measures the quality of the sustainability system in place at a company through its policies, actions and results. The assessment criteria focuses on the environment, labor and human rights, ethics and sustainable procurement. Huhtamaki’s score rose from 94th percentile in 2020 to 97th percentile this year.

LG Energy Solution Takes Over US-based NEC Energy Solutions

The takeover will expand LG’s presence in the North American energy storage system market.

ABB Eyeing Major Expansion in Milwaukee, Wisconsin Area for Its U.S. Motion Business

ABB is planning on building a large campus for its U.S. motion business. The proposed expansion would staff nearly 700 employees by 2025 and feature an automated production and assembly facility. The construction plan states that it would begin in March of next year, with completion set for 2023. This comes after RBC Bearings reached a deal to buy ABB’s mechanical power transmission division for $2.9 billion, which is based in Greenville, South Carolina.

New Name — Same Mission

After 30 years, the Organization for International Investment (OFII) is now the Global Business Alliance. We remain dedicated to promoting and defending a fair economy that welcomes international companies to invest in America.

When America is open for business, we all benefit.

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