Today, U.S. Secretary of Commerce Wilbur Ross concluded the sixth SelectUSA Investment Summit, after bringing together business leaders and economic development officials from 79 global markets and 49 U.S. states and territories. More than 3,100 people attended, including 1,200 business representatives.
Throughout the Summit, Director of the National Economic Council Larry Kudlow, Advisor to the President Ivanka Trump, Secretary of the Treasury Steven Mnuchin, Secretary of Housing and Urban Development Ben Carson, Secretary of Energy Rick Perry, as well as eight U.S. governors and executives from multiple global companies all provided remarks.
“Nowhere else but in the United States will you find such an advantageous mixture of innovation, entrepreneurship, diversity, dedication to hard work, and an incredibly high quality of life,” said Secretary of Commerce Wilbur Ross. “Opening operations in the United States provides companies with access to the wealthiest and most discerning consumers in the world.”
Additionally, more than 65 international companies joined Secretary Ross and Ivanka Trump at a ceremonial signing of the Pledge to America’s Workers, having committed to create more than 900,000 workforce development opportunities for American workers.
Three international companies announced expansions in the United States: Italian storage solutions manufacturer Modula in Ohio; Taiwan company Jetton Biochemistry Co., Ltd. in Idaho; and Australian freight management company Myfreight in Colorado.
The Investment Summit brings together companies from around the world and economic developers from across the United States, helping to establish connections that will lead to business investment projects. Past participants have announced more than $103.6 billion in investment projects within five years of attending the Summit
The U.S. Department of Commerce-led SelectUSA program promotes and facilitates business investment into the United States by coordinating related Federal government agencies to serve as a single point of contact for investors. SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. SelectUSA also helps investors find the information they need to make decisions; connect to the right people at the local level; navigate the Federal regulatory system; and find solutions to issues related to the Federal government. For more information, visit www.selectusa.gov.