Posts Tagged ‘SelectUSA Investment Summit’

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Building Relationships: The Key to Making Illinois a Top Location for FDI

October 10, 2018

This post is part of SelectUSA’s EDO Spotlight series, highlighting the work of EDOs around the country recruiting foreign direct investment, how that work supports jobs and economic growth across the United States, and how SelectUSA partners with EDOs to support economic development.

This post contains external links. Please review our external linking policy.

Mark Peterson is President & CEO of Intersect Illinois

Foreign direct investment (FDI) is key to the economic renaissance underway in Illinois. With more than 1,800 foreign owned companies already calling Illinois home and contributing more than $100 billion to the state’s GDP, the potential for growth is tremendous.

Relationship building on an international scale is crucial to Illinois’ foreign investment strategy. Over the past year, Intersect Illinois has built strong international relationships while promoting the state’s assets. Intersect has taken part in jobs missions to China, Japan, Germany, Poland, and Italy and hosted multiple delegations from these countries that have directly resulted in investment in Illinois.

The Intersect Illinois booth at the 2018 SelectUSA Investment Summit, June 18-20, 2018.

The Intersect Illinois booth at the 2018 SelectUSA Investment Summit, June 18-20, 2018.

A recent example of the results is Faber-Castell Cosmetics’ announcement of its first North American manufacturing facility in Illinois. The German company’s state-of-the-art $9 million manufacturing plant in Elgin will create 50 full-time jobs. The decision to locate in Illinois came after Intersect Illinois led a trip to Germany, where the delegation (including the governor) met with Faber-Castell’s leaders.

Intersect Illinois also coordinated a visit to China and Japan, that included meetings with companies such as Aisin Seiki (employs 843 people in Illinois), Sakae Riken Kogyo Co., Ltd. (which employs more than 400 in Illinois), and Toyota Boshoku, which has a plant in Lawrenceville. The team also met Caterpillar China, toured Wanxiang Group, and met with more than 60 businesses.

Following the visit, Intersect Illinois welcomed the newly appointed Japanese Ambassador to Illinois on a visit that focused on advancing the state’s business partnerships with Japan. This was part of the consul-general of Japan in Chicago’s Grassroots Caravan program to highlight the contributions of Japanese companies to local economies.

The group toured local Schaumburg companies to see the latest manufacturing innovations and learn more about Illinois’ workforce. The visit reinforced the benefits of foreign direct investment, while showcasing Illinois as a premier location for Japanese companies to grow.

Additionally, Intersect Illinois attended a SelectUSA event in three cities in Italy, meeting with several Italian companies interested in opening operations in the United States. Following the trip, Intersect hosted site tours for Cembre S.p.A, a company from Verona, Italy that attended the SelectUSA event. In August, Cembre opened a sales office in Schaumburg, with plans to distribute its imported products. Intersect also recently hosted site tours for another Italian manufacturer it met in Italy, which is looking to launch its first U.S.-based manufacturing operation.

Through proactive outreach, Intersect Illinois’ project pipeline has nearly quadrupled over the past year; the team is currently working on nearly 100 business attraction projects, more than 50 percent of which are FDI projects. That number is expected to grow as Intersect Illinois continues to market the state’s rich assets around the globe.

With the world’s 17th largest economy, Illinois is a proven global player and an excellent destination for international business. For more details on Intersect Illinois’ comprehensive FDI strategy, or how Illinois supports global companies, visit www.IntersectIllinois.org.

 

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Invest, Grow, and Succeed in the United States

June 22, 2018

This post contains external links. Please review our external linking policy.

Brian Lenihan is the Acting Executive Director of SelectUSA

Photo of stage and audience at 2018 SelectUSA Investment Summit.

More than 3,000 international business investors, U.S. economic developers, and more joined high-level government officials and Cabinet secretaries, global CEOs, and FDI thought leaders for the 2018 SelectUSA Investment Summit.

Today, thousands of global business investors, U.S. economic developers, senior government officials and service providers concluded the 2018 SelectUSA Investment Summit, the premier foreign direct investment (FDI) event in the United States.

The last three days culminated a year’s worth of hard work and collaboration, resulting in another successful Investment Summit that included several new investment announcements and the beginning of countless future partnerships. But most importantly, I have seen firsthand, the excitement and energy that the world has for investing and doing business in the United States.

While this was my first Investment Summit as Acting Director, I am incredibly proud of our team’s work and dedication. This was one of SelectUSA’s largest Investment Summits. More than 3,000 attendees from all over the world joined SelectUSA at the Gaylord National Resort and Convention Center for one reason: FDI.

And this Investment Summit has a history of delivering: Past attendees have announced nearly $93 billion in new investment projects, and Thursday alone, four companies announced more than $600 million in projects that will create about 650 U.S. jobs.

Secretary Wilbur Ross hosted the Investment Summit, and concluded it by reiterating the Trump Administration’s commitment to promoting global investment in the United States and the fostering innovation. “Having the world’s most innovative, open system of capitalism is the reason why the United States continues to create entirely new industries that generate strong economic growth,” Secretary Wilbur Ross told Investment Summit participants. “There really is no better place in the world to invest.”

This year’s theme, “Invest Here. Grow Here. Succeed Here,” focused on the connections between global commerce and U.S. communities. U.S. Cabinet secretaries, Governors, CEOs from Fortune 500 companies, FDI experts, and others provided attendees with insights into how FDI impacts a variety of sectors and fields, from the burgeoning commercial space industry to site selection.

Secretary of the Treasury Steven Mnuchin spoke about the positive impact of recent tax and regulatory reforms on the U.S. market: “We invite you to join us in this economic renewal, to seize the opportunity to invest in America and grow your business here.”

Secretary of Energy Rick Perry championed America’s diverse and expansive energy market to attending investors: “No matter what measure you use, the American energy climate is just outstanding… We’ve seen a cascade of game-changing breakthroughs and technology driving energy production and efficiency up, and energy prices and emissions down.”

Secretary of State Mike Pompeo’s remarks focused on U.S. leadership in promoting a safer, more prosperous world, one where international trade shared among equals: “U.S. economic leadership is built on principles of fairness and a level playing field. The State Department will fight to protect the interests of U.S. intellectual property holders around the world; we’ll work to protect your innovation from theft, copyright violations, or other misuse.”

The Exhibition Hall—the networking hub of the Investment Summit—was full of U.S. economic development organizations (EDOs) from across the United States. Each EDO showcased investment opportunities their communities had to offer the international investors in attendance.  This year’s event included more than 2,700 individual matchmaking meetings among the companies and EDOs in attendance.

On Thursday: four global companies broke news:

  • UK-based health services and clinical research company Re:Cognition Health is investing $15 million in Fairfax, Virginia to open a state-of-the-art facility. Re:Cognition will open an additional 15 facilities across the country in coming years;
  • Dutch cold storage company NewCold will invest between $90 million in Burley, Idaho;
  • Japanese automotive electronic components manufacturer Weastec is investing $3 million in Dublin, Ohio; and
  • Indian steel company JSW announced a $500 million investment in Mingo Junction, Ohio, a town of just 3,300 people.

Friday saw some exciting announcements, too:

  • Governor of Puerto Rico Ricardo Rossello announced the issuance of an RFQ for a public-private, utility-scale energy storage project to upgrade and strengthen the island’s energy grid with renewables and efficiency improvements; and
  • Secretary Ross released SelectUSA’s new report on how FDI has benefitted rural America.

The 2018 Investment Summit may have ended, but the work of maintaining U.S. leadership in FDI continues. It was a privilege to hear from and witness those on the front lines of FDI attraction and promotion: state and local-level EDOs. The United States would not be the top destination of FDI were it not for their work. SelectUSA is here to work with them, with you, and we’re here year-round to help in a variety of ways.

Whether you’re a first-time business investor or an experienced economic development professional, SelectUSA can help connect you to the resources and information needed to make your investment a success. Next year’s SelectUSA Investment Summit returns June 10-12, 2019, at the Washington Hilton in Washington, D.C.

For more information on SelectUSA and its services, please visit www.selectusa.gov. I also invite you to follow SelectUSA on Twitter and sign up for email updates to stay in the know with us.

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SelectUSA’s $30 Billion Impact on the U.S. Economy

June 7, 2018

This post contains external links. Please review our external linking policy.

This post originally appeared on the Department of Commerce blog.

Guest blog post by Steven Meyers, Director of Outreach and Communications, SelectUSA 

SelectUSA graphic announcing more than $30 billion of greenfield investment into the United States since its inception.

This month, the SelectUSA team hit a major milestone, having now facilitated more than $30 billion in client-verified business investment projects.

Foreign direct investment (FDI) in the United States is a key contributor to U.S. economic growth, directly and indirectly supporting nearly 13 million American jobs. It contributes to U.S. exports, drives innovation, and – most importantly – sends hardworking Americans home with a paycheck.

Since 2007, the SelectUSA program has worked with thousands of clients – business investors, economic development organizations (EDOs), and other leaders – to support job-creating FDI in the United States. Just this month, the SelectUSA team hit a major milestone, having now facilitated more than $30 billion in client-verified business investment projects.

This is the culmination of years of working with clients, hosting global business events, and working closely with American EDOs.

This past year was especially strong, as the SelectUSA team:

  • Held the largest-ever SelectUSA Investment Summit, with more than 1,200 potential business investors and economic development representatives from 52 states and territories.
  • Brought 10 European medical technology startups to Pittsburgh, Cleveland, and Austin as part of its first inbound investment mission.
  • Hosted investment road shows in India and China that facilitated more than 300 meetings between EDOs and potential business investors.
  • Released its first-ever research reports, analyzing the positive effects of FDI on manufacturing and high-tech industries.
  • Led 20+ EDO delegations to some of the largest trade shows in the world, including Hannover Messe in Germany and BIO Korea.

We were also happy to share many FDI success stories on the International Trade Administration blog. Swiss additive manufacturing company Oerlikon decided to invest $62 million in Huntersville, North Carolina, after attending the 2016 SelectUSA Investment Summit. A.T. Kearney ranked the United States as the world’s top destination for business investment for the 5th year in a row. And Mahindra recently shared its reasons for investing in the United States, creating jobs in Michigan.

Our team at SelectUSA and our partners in the economic development community make this all possible. I thank them for their dedication and hard work.

You may not have heard of SelectUSA, and you may not regularly think about the impact of FDI, but millions of U.S. workers rely on FDI for their livelihood. We are proud to support that, and we look forward to working with more clients and helping to create U.S. jobs.

Learn more about the upcoming 2018 SelectUSA Investment Summit, June 20-22, in Washington, D.C. at selectusasummit.us. Visit selectusa.gov for more information about our services, events, and more. You can also follow us on Twitter @SelectUSA.

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The SelectUSA Investment Summit: Advancing and Expanding American Prosperity

June 4, 2018

This post originally appeared on the Department of Commerce blog.

This post contains external links. Please review our external linking policy.

Guest blog post by Brian Lenihan,  Acting Executive Director of SelectUSA

Photo of manufacturing plant to promote SUSA Investment Summit June 20-22 2018.

Advanced manufacturing, workforce development, the burgeoning commercial space industry and many other topics will be covered at the 2018 SelectUSA Investment Summit (June 20–22).

The upcoming 2018 SelectUSA Investment Summit (June 20-22) will feature several plenaries, panels, and breakout sessions of experts, each focused on a vital U.S. industry or subject affecting foreign direct investment (FDI) in the United States. Advanced manufacturing, workforce development, the burgeoning commercial space industry and many other topics will be covered. The one thread uniting them all: advancing and expanding American prosperity.

One industry which plays an outsized role in this effort is advanced manufacturing. In fact, most FDI coming into the United States flows to this rapidly changing industry. On Thursday, June 21, Dr. Walter Copan, Under Secretary of Commerce for Standards and Technology and the Director of the National Institute of Standards and Technology, will lead a panel on advanced manufacturing. Joined by academic and industry leaders, Under Secretary Copan will explore how innovative technologies like robotics, cloud computing, and 3-D printing are reshaping one of America’s bedrock industries.

Advanced manufacturing has the potential to transform the country and keep the United States competitive on the global stage. The industry is already one of the most competitive and advanced in the world, according to a report released by Deloitte in 2016. In fact, America is projected to have the most competitive manufacturing industry by 2020. But we will not reach that point unless we continue the modernization process.

The promises of advanced manufacturing will allow businesses to offer more options through order customization. It will be easier and more efficient to change production quantities, which can many times hamper initial production order agreements. Perhaps one of the greatest improvements will be the speed with which a product can make it to the market. From 3-D printed cars to factory-floor machines that are constantly connected to the internet, advanced manufacturing is already revitalizing the economy, bringing jobs back home, and attracting the world’s top talent.

The SelectUSA Investment Summit, the highest-level FDI event in the United States, helps connect U.S. economic developers and service providers with international business investors. Join SelectUSA, June 20-22, at the Gaylord National Resort and Convention Center in the Washington, D.C., metro area to learn how investing in the United States will lead to success.

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Workforce Development to be Showcased at the 2018 SelectUSA Investment Summit

May 24, 2018

This post originally appeared on the U.S. Department of Commerce blog. This post contains external links. Please review our external linking policy.

Steven Meyers is Director of Outreach and Communications, SelectUSA

The U.S. economy is the best shape since the turn of the 21stcentury. Unemployment has reached a rare low of 3.9 percent, wages are rising, and the international consensus is that the U.S. market is one of reliability and confidence. Indeed, there has never been a better time to invest in the United States and its workers.

Secretary of Labor Alexander Acosta

Secretary of Labor Alexander Acosta Addresses the 2017 SelectUSA Investment Summit.

And yet, millions of American workers are at risk of being left behind in the global 21st century economy. Adapting and flourishing in the new economy will require innovative approaches to job training, education, and economic development.

Workforce development is not only a necessity. It also falls at the intersection of multiple government focuses, from collaborating with countries like Switzerland—where apprenticeships are well-established and common—to programs designed to reduce recidivism, such as the Department of Justice’s UNICOR program. Using an all-encompassing strategy, the Trump Administration is focused on creating good-paying jobs for millions of Americans.

This is why President Trump issued an executive order calling for a multi-department effort to expand apprenticeships in the United States. Specifically, the order created the Task Force on Apprenticeship Expansion, a Department of Labor-led body of industry leaders and government officials. On May 10, 2018, the Task Force presented its findings to the President, recommending an increase in “work-and-learn models,” reforms to the funding process, an awareness campaign, and an expansion of apprenticeships in new industries.

Next month, workforce development will be a central focus of the 2018 SelectUSA Investment Summit, the top foreign direct investment event in the United States. Secretary of Labor Alexander Acosta will lead a panel on the subject with an emphasis on utilizing America’s most valuable economic resource: one of the most skilled and educated workforces in the world.

The Investment Summit joins U.S. economic developers and service providers with international business investors who are ready to establish or expand operations in the United States. Join SelectUSA, June 20-22, at the Gaylord National Resort and Convention Center in the Washington, D.C. metro area. This summer, we invite you to invest, grow, and succeed in the United States.

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SelectUSA: Playing FDI Matchmaker

May 22, 2018

This post contains external links. Please review our external linking policy.

Steven Meyers is the Director of Outreach and Communications for SelectUSA

SelectUSA Investment Summit logoThe annual SelectUSA Investment Summit brings global business investors and economic developers together under one roof to spark job-creating foreign direct investment (FDI) deals. But beyond the four (large) walls of the 79,000-sq.-ft. Exhibition Hall, the core function of the Investment Summit is matchmaking, which happens digitally…and seamlessly. Next month, attendees will have access to a dynamic and user-friendly matchmaking platform, which is included with registration.

Most importantly, the platform—available via desktop and mobile app—will allow attendees to share information with other users, including meeting requests, exchanging virtual business cards, and searching for opportunities.

Digital matchmaking at last year’s Investment Summit played a critical role in bringing investors and economic developers together. Matchmaking at the Investment Summit – which featured more than 2,200 scheduled meetings – laid the foundation for job-creating investment projects across the country. One of those projects, a $100 million, 400-job distillery in New York, was borne out of talks between Romanian company Alexandrion and Empire State Development.  Another, Takigawa Corp. Japan’s 180-job manufacturing plant in Bardstown, Kentucky, came about as a direct result of SelectUSA meetings at the 2017 Investment Summit.

We hope for more projects like these to be launched at the 2018 SelectUSA Investment Summit. If you are part of a U.S. economic development organization or an international company considering the United States as its next investment location, we encourage you to register for the top FDI event in the country. SelectUSA invites you to join us in June.  Invest, grow, and succeed in the United States.

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Join Global Business Executives at the 2018 SelectUSA Investment Summit

May 14, 2018

Steve Meyers is the Director of Outreach at SelectUSA.

On June 20-22, 2018, global business leaders from Goldman Sachs, Lockheed Martin, Mercedes, and many other companies will join attendees from around the world in Washington, D.C., for the top foreign direct investment (FDI) event in the United States: the 2018 SelectUSA Investment Summit.SelectUSA logo

Our current lineup of speakers includes government officials and business executives at the forefront of economic growth and international investment. Speakers include:

  • Alexander Acosta, U.S. Secretary of Labor
  • Mike Baird, Chief Customer Officer, National Australia Bank
  • Matt Bevin, Governor, Kentucky
  • Jose Manuel Entrecanales, Chairman & CEO, Acciona
  • Mary Fallin, Governor, Oklahoma
  • Jack Fusco, President and CEO, Cheniere
  • Gary Herbert, Governor, Utah
  • Marillyn Hewson; Chairman, President, and CEO; Lockheed Martin
  • John Hickenlooper, Governor, Colorado
  • Jason Hoff, President and CEO, Mercedes-Benz U.S. International

 A full list of confirmed speakers and the current agenda for the 2018 SelectUSA Investment Summit is available online at selectusasummit.us/.

The participation of these leaders doesn’t just represent prominent voices from the global business community; It reinforces the fact America is the best place in the world to do (and expand) business. Through the Department of Commerce-led SelectUSA program, the federal government works to increase the flow of international investment into the United States.

The role of SelectUSA is to work with these investors by connecting them to the resources needed to turn plans into realities. At events like the upcoming SelectUSA Investment Summit, economic development organizations from every corner of the United States can meet one-on-one with international investors from across the globe. In fact, between October 2013 and September 2017, participants of SelectUSA’s previous four Investment Summits announced more than $71 billion in greenfield investment in the United States; investment that supports 110,000+ U.S. jobs.

Last year’s Investment Summit was SelectUSA’s largest yet. More than 3,000 participants met under one roof to discuss and promote FDI into the United States, including more than 1,200 global business representatives and more than 600 economic development professionals from 52 U.S. states and territories.

Registration for the Investment Summit is open. Apply now and be a part of the highest-level gathering of economic development professionals and international business executives focused on foreign direct investment in the world. For more information, please visit selectusasummit.us.

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Global Investment Creates Extraterrestrial Innovation and Hometown Jobs in Alabama

August 24, 2017

By Sandor Galambos, SelectUSA Investment Specialist based in the U.S. Embassy in Switzerland.

RUAG space

Leaders from RUAG Space and the State of Alabama ceremonially open the Swiss company’s first U.S. manufacturing facility.

RUAG Space, a Switzerland-based company, recently cut the ribbon on its first U.S. manufacturing facility, taking a major step to propel growth in the United States. The 130,000 square-foot facility in Decatur, Alabama, will produce high-tech equipment for launch vehicles for outer space operations and will create opportunities for workers in Alabama.

RUAG announced the facility in 2015 and has already created 50 new jobs there, with a plan to increase to 100 jobs over the next two years. The Alabama facility is the beginning for RUAG’s investment in the United States; the company is also in various stages of starting operations at facilities in in Florida, Colorado, and California.

RUAG is expanding in the United States for many of the same reasons why other global companies look to grow their businesses here. RUAG facilities will be at the cutting edge of the space industry, and this level of technology requires a workforce that is both innovative and reliable—the kind of workforce we have in the United States.

The company will also be closer to many of its primary customers, which will allow it to be more responsive to the needs of the industry it serves.

SelectUSA and the economic development team in Alabama have been working with RUAG Space since 2015 to help the company find the best opportunities to expand in the United States. The company attended the SelectUSA Investment Summit in 2016, making more connections in the United States and gaining insight into the regulatory issues relevant to the aerospace industry.

This success story is important for the economic development community, and providing support to RUAG Space and sharing their positive results can help other companies find their own success opportunity in the United States.

To learn more about how foreign-owned companies like RUAG Space are supporting jobs in the United States, check out the data available at SelectUSA.gov.

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Swiss Companies Like Oerlikon Select the USA

June 13, 2017

Sandor Galambos is a SelectUSA Investment Specialist based in the U.S. Embassy in Switzerland.

With a total stock of $143.5 billion, Switzerland is one of the largest sources of foreign direct investment (FDI) in the United States. More than 460,000 American workers are directly employed by the U.S. affiliates of majority Swiss-owned firms.

Swiss manufacturer Oerlikon has a global footprint in 37 countries, supporting sales of more than $2.3 billion in 2016. Even with such a massive global operation, the company was looking for a location to start new operations to solidify its global market position in additive manufacturing.

Like many companies in the world, Oerlikon looked to the United States, and its decision to invest here is helping the company find new customers and creating jobs for U.S. workers.

Interestingly, the journey for Oerlikon began at a reception in Zurich, hosted by then-Ambassador Suzan LeVine. It was at that reception that company leaders heard the pitch about the United States—its manufacturing resurgence, productive workforce, and culture of innovation. Our SelectUSA team got involved immediately, working with Oerlikon officials to provide an understanding of the U.S. market and start planning a growth strategy for U.S. operations.

The company chose to participate in the 2016 SelectUSA Investment Summit (Summit), joining a delegation of Swiss companies led by Ambassador LeVine. We set up meetings for Oerlikon representatives in advance, so the entire two days of the conference were spent connecting directly with economic development organizations and potential partners that could help the company hit the ground running in the United States.

It was a meeting with the Charlotte Regional Partnership at the Summit that ultimately led to Oerlikon committing to a $62 million investment in Huntersville, N.C. This facility will employ engineers, research and development technicians, and skilled craftsman at an average salary well above the regional average.

The facility will be operational in 2018, and it will offer U.S. industrial customers a single source for a full suite of integrated advanced manufacturing services, including R&D, design, applications engineering, production, and processing. The Charlotte region is home to a rapidly growing number of global industrial, aerospace, and automotive firms, and the Oerlikon investment will contribute to the region’s manufacturing business culture.

When global companies look to the United States, it truly is a win-win. Not only does the company connect to a promising market, it also creates opportunities for U.S. workers.

Our SelectUSA team looks forward to bringing more Swiss companies to the United States in June for the 2017 SelectUSA Investment Summit, connecting firms to more growth opportunities in the promising U.S. market. For any global company or economic development team looking to make business connections, the Investment Summit is the place to be.

Not Attending the Summit?

If you are unable to attend this year, I invite you to follow the coverage on Twitter. Using #SelectUSASummit and #GrowWithUS17, you’ll be able to join the online conversation with attendees.

 

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In Idaho, Rural is a Great Investment

June 9, 2017

This post is part of SelectUSA’s EDO Spotlight series, highlighting the work of EDOs around the country recruiting foreign direct investment, how that work supports jobs and economic growth across the United States, and how SelectUSA partners with EDOs to support economic development.

By Megan Ronk, Director, Idaho Commerce

In Idaho, we know as well as anyone what great opportunities rural America provides to businesses from across the world. From a highly skilled workforce, government support, and unmatched natural resources, more and more businesses are realizing the advantages of investing in rural states like Idaho.

During the last several years, Idaho has become home to many significant relocation and expansion projects. Chobani’s decision to build the world’s largest yogurt facility in Twin Falls raised eyebrows around the world. But the company’s decision to invest in our state, plus numerous other examples, highlights Idaho’s diverse economy, and the many ways rural America can support a variety of different businesses and industries.

  • Kochava, a leading software analytics company, chose to expand in Sandpoint, creating more than 200 new jobs and more than $100 million in new wages.
  • The Dow Chemical Company constructed a $20 million facility in Burley, generating more than $12 million in new wages.
  • Orgill, the world’s largest independent hardlines distributor, will be expanding into a distribution center in Post Falls, creating more than 130 jobs and $68 million in new wages.
  • McCain Foods USA, whose parent company is based in Canada, recently announced a substantial expansion to its potato processing plant in Burley, an expansion to the tune of $200 million and 180 new jobs. McCain is the largest manufacturer of frozen potato products in the world, and a supplier to thousands of restaurants and supermarkets across the globe

These are not only huge economic wins for Idaho, but also a perfect example of why investing in Rural America is a great business decision.

McCain’s decision to put down roots in Idaho and grow in the state has been the result of a joint effort on the part of the company’s leadership and a collaboration between local and state officials, associations, and the company.

International investments like McCain demonstrate the draw and economic opportunity of rural communities in the United States. By maintaining a business-friendly economic climate, low tax rates, reasonable regulations, access to a first-class workforce, low-cost power, and many other advantages, we expect to see continued growth and expansion in our rural communities.

If you’re a global business investor looking for your company’s next expansion location, we recommend taking a look at rural America.

Attending the SelectUSA Summit?

We are excited to participate in the upcoming SelectUSA Investment Summit, June 18-20. If you’ll be there, too, we invite you to see Idaho Lieutenant Governor Brad Little at the “Make it in Rural America” session during the SelectUSA Investment Academy. Afterwards, stop by Booth 311 in the Exhibition Hall to meet Team Idaho. We look forward to showing you what The Gem State has to offer.