Top Five States with the Highest Concentration of FDI Jobs

February 17, 2021

International companies in the United States have led the way throughout the pandemic by taking extraordinary steps to safeguard their workers and customers. These American employers are also uniquely positioned to spur America’s economic recovery and jumpstart job growth. To learn more about how international companies are contributing to the U.S. economy and the communities in which they operate, visit GlobalBusiness.org/In-Your-State.

Nationally, international companies employ 6.0 percent of America’s overall private sector. However, five states far exceed this national average by welcoming international companies into their local economy. Here are the top five states with the most globally-connected workforces:

 

#1 South Carolina

South Carolina has the highest concentration of foreign direct investment (FDI) jobs, with 8.8 percent of South Carolinians in the private sector being employed by international companies. Nearly 800 international employers have operations in South Carolina. Of those, companies from Germany support the most FDI jobs, followed by France and Canada, respectively.

Bridgestone Americas, Inc. expanded two of its U.S. tire manufacturing facilities, one of which is in Aiken County. The two expansions comprised a $72 million investment. The 272,000 square foot plant in Aiken County opened in 2020.

 

#2 Kentucky

Kentucky has the second highest concentration of FDI jobs, with 8.4 percent of all private-sector jobs supported by international companies. More than 680 international employers have operations in Kentucky. Of those, companies from Japan, Germany and France support the most FDI jobs in the state, respectively.

Hitachi Automotive Electric Motor Systems America Inc. plans to establish a new electric motor plant in Berea to supply motors to Honda of America Mfg. Inc and create an additional 200 jobs.

 

#3 Michigan & New Jersey

Michigan and New Jersey are tied for the third highest concentration of FDI jobs, with 8.2 percent of each state’s private-sector jobs supported by international companies. Currently, more than 1,140 global employers have operations in Michigan, with Germany, the United Kingdom and the Netherlands driving the most investment. In New Jersey, there are over 1,180 international employers. France, the United Kingdom and Switzerland support the highest number of jobs in the state.  

In Farmington Hills, Michigan, the Bosch Community Fund granted $120,000 to launch a STEM program in Farmington Public Schools. Bosch, which has headquarters in Farmington Hills, has an ongoing partnership with the district to support STEM education and help build innovative, physical learning spaces for middle school students.

In New Jersey, Kering, a French-based luxury conglomerate, built a new distribution center in Passaic County that created 350 new jobs.

 

#5 New Hampshire

New Hampshire is in fifth with 8.0 percent of their private-sector jobs supported by international companies. Currently, nearly 500 international employers have operations in New Hampshire.

A new investment from BAE Systems to expand its operations in Manchester will add 800 employees and bring BAE’s total number of employees in the state to over 6,000.