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It's a goal we met, and fDi ranked Charlotte on top for foreign direct investment Center strategy in its 2011 American Cities of the Future rankings. We plan on generating (Building A) another 25 percent of qualified projects from international companies during our 4209 Old 2011 -2012 fiscal year. Charlotte Highway Foreign direct investment is a winning strategy. It brings "new" businesses to the Monroe U.S. that broaden the local, state and national tax bases and create jobs that Agenda previously didn't exist in this country. Registration According to the just - released U.S. Department of Commerce report "Foreign Direct Bastille Day Investment in the United States," majority -owned U.S. affiliates of foreign companies Festival have employed between 5 million and 6 million workers during the last 10 years, Sponsored almost 2 million of those in manufacturing. These jobs tend to be both higher paying by French and more stable than domestic manufacturing jobs. American Chamber of Foreign direct investment in the U.S. is big business, $194 billion last year, and $1.7 Commerce trillion over the last 10 years. The vast majority — nearly 85 percent — comes from July 16, 3 -8 just eight countries: Canada, France, Germany, Japan, Luxembourg, the Netherlands, Switzerland and the United Kingdom. With the exception of having p.m. Extravaganza more companies from Italy than Luxembourg, our region's FDI mirrors the national Depot profile. With vibrant international communities from the "big eight" countries in our Charlotte region, FDI holds particular potential to attract other businesses from these Details countries. We also have opportunity to leverage the positive experiences of countries just beginning to discover Charlotte USA. With the help of these allies, we Business can recruit additional companies from their home countries looking for a strategic Growth location in which to establish a U.S. presence. Summit The Charlotte Regional Partnership's business development team has plans to Sponsored make four recruiting trips to Brazil and European countries during the 2011 -2012 by the fiscal year. I'll keep you posted on these and other marketing initiatives as they Charlotte occur. Business Journal July 20, 11 Nutrition as economic development is food for thought a.m. -5 p.m. The Partnership's Russ Rogerson joined allies from the North Carolina Research The Westin Campus and Cabarrus and Rowan counties last week to promote the region at the Charlotte IFT Food Expo in New Orleans. The Expo brought together more than 1,000 $95 Attachment number 1 1 -1 Page 619