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SelectUSA: Your Federal Partner to      Attract, Retain, and Expand Investment      UEDA Annual Summit      October 23, 20...
SelectUSA: Promoting Investment  in the United States  •    SelectUSA Mission: to facilitate business investment in the Un...
FDI and the U.S. Economy              $227 billion    Size of FDI Flows into the U.S. in 2011                             ...
U.S. FDI Trends  Share of Global FDI Flows Captured by the United States                    Source: UN Conference on Trade...
U.S. FDI Trends            Figures in USD Millions            Source: Bureau of Economic Analysis                         ...
U.S. FDI Source Markets & Growth                                                                             Fastest Growi...
Investment Motives & Determinants                    Shifts in Global Company Motives                     for Investing in...
University – Led Investment Isofoton (Spain) + University of Toledo •Solar module assembly plant in Napolean, Ohio •$30 mi...
SelectUSA Can Help    Business Solutions: Help identify federal programs and services    available to firms, provide infor...
Building A Solid Investment Strategy 1. Build on existing relationships, expand    your networks 2. Be realistic and speci...
Help U.S. EDOs in FDI Promotion   Single Location Promotion (SLP)   Tailor-made events developed collaboratively, promotin...
Upcoming Events                    12www.SelectUSA.gov
Thank You          Rebecca Moudry          Manager, SelectUSA          U.S. Department of Commerce          Tel: 202-482-2...
Southwest Trade Adjustment Assistance Center • Trade Act of 1974 • Funded by the Economic Development Administration, U.S....
Program Objective• To assist U.S. manufacturing and service firms hurt   by foreign investment to regain profitable growth...
What is the Cost Share for the Company?• Cost-Share Categories   – Up to $30,000      • Client pays 25% of all projects in...
Examples of Eligible Consulting Projects• Website Development• MIS Updates• Quality Systems (ISOs, Six Sigma)• Safety Cons...
Program Phases1.   Certification       • No cost to company2.   Diagnostic Analysis/Adjustment Proposal       • Company is...
GAO ANALYSIS• Participating Firms Sales Rose 3 – 6% Annually• Participating Firms Had 4% annual Increases inProductivity• ...
GAO ANALYSIS• 75% of Firms Surveyed Were Very Satisfied withParticipation in TAAF Program• 73% of Firms Surveyed Reported ...
EFFECTIVENESS REPORT• Over 77,000 jobs Impacted Nationally• EDA Investment $925/job• ROI over 1,300%• Participating Firms ...
Thank You!          For more information, please contact:                   Robert Velasquez                         Direc...
UEDA Summit 2012: Assets and Costs Everywhere, Grow Investment Here (Moudry & Velasquez)
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UEDA Summit 2012: Assets and Costs Everywhere, Grow Investment Here (Moudry & Velasquez)

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There has been positive news recently about reshoring and the accompanying expansion of American jobs. In order to support this trend, economic developers must be fluent in the diverse costs and other risks companies need to assess when deciding where to produce, source, or locate. SelectUSA, the federal initiative to promote investment in the United States, will lead a discussion with University-Economic Development partners to highlight important considerations for companies in deciding whether to locate, expand, or return to the U.S. Additionally, the Trade Adjustment Assistance for Firms program is another resource available to businesses seeking to regain their competitiveness against foreign-owned companies. Local economic developers interested in supporting their manufacturing base can assist local firms to access this federal program which offers a multitude of options including investment strategies intending to sustain and expand the U.S. job base.

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UEDA Summit 2012: Assets and Costs Everywhere, Grow Investment Here (Moudry & Velasquez)

  1. 1. SelectUSA: Your Federal Partner to Attract, Retain, and Expand Investment UEDA Annual Summit October 23, 2012 Rebecca Moudry Manager, SelectUSA 1www.SelectUSA.gov
  2. 2. SelectUSA: Promoting Investment in the United States • SelectUSA Mission: to facilitate business investment in the United States in order to support job creation, spur economic growth, and promote American competitiveness. • Primary U.S. government-wide initiative to promote and facilitate business investment in the United States • Housed in the International Trade Administration at the U.S. Department of Commerce - leverages staff in 72 markets around the world • Geographically neutral in the United Stateswww.SelectUSA.gov 2
  3. 3. FDI and the U.S. Economy $227 billion Size of FDI Flows into the U.S. in 2011 Workers Employed by U.S. Affiliates of Foreign 5.3 million Firms in the U.S. in 2010 U.S. Affiliates of Foreign Firms on average Pay 33% 33% More than the economy-wide average in 2009 17% Percent of U.S. Manufacturing jobs from U.S. Affiliated of Foreign Firms in the U.S. in 2010 $41 billion Amount U.S. Affiliates of Foreign Firms spent on R&D in the U.S. in 2010 18% Percent of all U.S. exports come from U.S. affiliates of foreign firms in 2010 Source: Bureau of Economic Analysis © International Trade Administration 2012 3www.SelectUSA.gov
  4. 4. U.S. FDI Trends Share of Global FDI Flows Captured by the United States Source: UN Conference on Trade and Development (UNCTAD) © International Trade Administration 2012www.SelectUSA.gov 4
  5. 5. U.S. FDI Trends Figures in USD Millions Source: Bureau of Economic Analysis © International Trade Administration 2012 5www.SelectUSA.gov
  6. 6. U.S. FDI Source Markets & Growth Fastest Growing Sources of FDI in the United States, Largest Sources of FDI in the United States by Compound Annual Growth Rate by 2011 FDI Total Stock (2006-2011) Total Stock Total Stock in U.S. Total Stock in Country Growth Rank Billion USD Country Growth Rate U.S. Rank Billion USD 1 United Kingdom 527.8 1 Israel 78.59% 26.8 2 Japan 293.8 2 China 71.25% 9.5 3 Germany 265.4 3 New Zealand 56.14% 6 4 Canada 244.6 4 India 40.81% 9.8 5 France 201.9 5 Ireland 38.58% 98.1 6 Netherlands 132.5 6 Belgium 33.40% 53.1 7 Switzerland 126.1 7 Singapore 28.84% 22.4 8 Ireland 98.2 8 Spain 25.57% 48 United Arab 9 Australia 58.6 9 23.38% Emirates 17.4 10 Belgium 53.1 10 Norway 22.4 29.1 Note: Numbers denote 5 year compound annual growth rate (2007-2011) of the stock FDI position and the total stock of FDI in the United States Source: Department of Commerce, Bureau of Economic Analysis – FDI by Ultimate Beneficiary Owner © International Trade Administration 2012 6www.SelectUSA.gov
  7. 7. Investment Motives & Determinants Shifts in Global Company Motives for Investing in the United States © International Trade Administration 2012 7 Source: FDI Marketswww.SelectUSA.gov
  8. 8. University – Led Investment Isofoton (Spain) + University of Toledo •Solar module assembly plant in Napolean, Ohio •$30 million investment, anticipates 120 new hires •Has an R&D and economic cooperation agreement with the University of Toledo. Honam Petrochemical (South Korea) + Auburn University •Manufacturing facility for polypropylene resin materials in Auburn, Alabama •$9.25 million initial investment, 40 new jobs •Relationship with Engineering School at Auburn University – R&D projects and opportunities for students 8www.SelectUSA.gov
  9. 9. SelectUSA Can Help Business Solutions: Help identify federal programs and services available to firms, provide information and establish connections. Ombudsman Assistance: Address questions involving Federal regulations or programs, or activities related to investment Economic Development Organization Counseling: As subject-Matter experts, SelectUSA staff can help recruit and retain investment Advocacy for U.S. Cities, States and Regions: SelectUSA helps level the playing field for U.S. EDOs competing with foreign locations Investment Events and Facilitated Missions: Leverage the Foreign Commercial Service network across 72 countries 9www.SelectUSA.gov
  10. 10. Building A Solid Investment Strategy 1. Build on existing relationships, expand your networks 2. Be realistic and specific about opportunities 3. Prioritize Potential & Existing Investor Care 4. Leverage partners/resources to reach potential investors and demonstrate leadership 10www.SelectUSA.gov
  11. 11. Help U.S. EDOs in FDI Promotion Single Location Promotion (SLP) Tailor-made events developed collaboratively, promoting individual U.S. jurisdictions as FDI destinations. For Example: • Promotion event for State of Louisiana (e.g. presentation by FDI practitioners or a match-making reception) • One-on-one meetings between Louisiana and Chinese government representatives • Meetings with Chinese companies that Louisiana has identified SHANGH AIwww.SelectUSA.gov 11
  12. 12. Upcoming Events 12www.SelectUSA.gov
  13. 13. Thank You Rebecca Moudry Manager, SelectUSA U.S. Department of Commerce Tel: 202-482-2612 Rebecca.Moudry@trade.gov www.SelectUSA.gov 13www.SelectUSA.gov
  14. 14. Southwest Trade Adjustment Assistance Center • Trade Act of 1974 • Funded by the Economic Development Administration, U.S. Dept. of Commerce • Employees of The University of Texas at San Antonio • 11 TAAC offices nationwide • SWTAAC territory: Texas, Oklahoma, and Louisiana
  15. 15. Program Objective• To assist U.S. manufacturing and service firms hurt by foreign investment to regain profitable growth by providing outside consulting services• Consulting services can be provided in the areas of: - Marketing - Manufacturing - Engineering - Finance - Employee Training - And other areas - New Product Development - Information Management Systems
  16. 16. What is the Cost Share for the Company?• Cost-Share Categories – Up to $30,000 • Client pays 25% of all projects incurred • SWTAAC pays 75% of all projects incurred – Up to $150,000 • Client pays 50% of all projects incurred • SWTAAC pays 50% of all projects incurred
  17. 17. Examples of Eligible Consulting Projects• Website Development• MIS Updates• Quality Systems (ISOs, Six Sigma)• Safety Consulting and Training• Other Training (Software, Trade Specific, Office Skills, etc.)• Lean Manufacturing• Supply Chain Solutions• Industrial Marketing & Market Research
  18. 18. Program Phases1. Certification • No cost to company2. Diagnostic Analysis/Adjustment Proposal • Company is responsible for 25% of diagnostic costs – Estimated between $1,200 to $1,9001. Project Implementation • Company is responsible for 25% up to 50% of the project costs
  19. 19. GAO ANALYSIS• Participating Firms Sales Rose 3 – 6% Annually• Participating Firms Had 4% annual Increases inProductivity• Participating Firms Performed Higher in GrowingMarkets – Suggests Ability to Leverage MarketExpansion
  20. 20. GAO ANALYSIS• 75% of Firms Surveyed Were Very Satisfied withParticipation in TAAF Program• 73% of Firms Surveyed Reported TAAF Can BeAssociated with Increased Profitability•57% of Firms Surveyed Reported TAAF Aided in HiringAdditional Employees
  21. 21. EFFECTIVENESS REPORT• Over 77,000 jobs Impacted Nationally• EDA Investment $925/job• ROI over 1,300%• Participating Firms Reported $3.4 Billion Increase inSales• Participating Firms Reported 3,100 New Jobs
  22. 22. Thank You! For more information, please contact: Robert Velasquez Director (800) 344-8872All companies are exempt from the Freedom of Information Act.

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