Volvo Group North America Subsidiary Mack Trucks Announces 400 New Jobs at Its Lehigh Valley Manufacturing Plant
The new positions bring total employees at the Lower Macungie Township assembly plant in Pennsylvania to more than 2,500.
Foreign direct investment in the United States (FDIUS) totaled $64.3 billion in the second-quarter 2019, following a stronger investment of $86.3 billion in the previous quarter of 2019. Net equity flows made up $26 billion in second-quarter 2019 inward investment, and this is down 44 percent from the first- quarter 2019.
Foreign direct investment flows in second-quarter 2019 were below the average for the past three years, and reinvestment of earnings made up almost 60 percent of second-quarter FDIUS. Foreign direct investment in the United States in 2018 was down eight percent from 2017 and down 45 percent from the record-breaking level attained in 2016.