South Korea-Based GNS to Invest In a Plant Expansion
South Korea-based auto supplier GNS will invest in a major plant expansion in Holland, MI.
With U.S. subsidiaries of global companies employing 6.8 million Americans and competition for FDI at an all time high, it's vital that the United States remain open to global employers. To help ensure inbound companies remain confident in the U.S. economy, governors have started issuing Open Investment Policy Statements (OIPS), reaffirming that global companies are a valuable part of their state's economy.
After touring BASF's impressive site in Wyandotte, MI, Governor Snyder issued the state's first ever Open Investment Policy statement. “By signing this open investment policy, we have the chance to ensure that foreign businesses can continue to invest in our great state. That will ultimately help create new and better jobs for Michiganders as we continue on the path toward our future.” Read more.