South Carolina is No. 1 for jobs created by foreign investment

COLUMBIA, S.C. – For the third time in the last four years, IBM-Plant Location International has ranked South Carolina first per million inhabitants in attracting jobs through foreign investment. In this year’s report, the Palmetto State is ranked above Tennessee and Kentucky, which ranked second and third, respectively.

“The reason we’ve seen so much success in recruiting international companies to South Carolina is our highly-skilled workforce that has proven, time and time again, that it’s capable of making any product, and making it well,” said Gov. Nikki Haley. “With major companies like Daimler and Volvo Cars continuing to move into our state, we have shown the world that when you invest in our state and her people, we will wrap our arms around you and warmly welcome you to the South Carolina family. This ranking by IBM-Plant Location International truly is a testament to everything that South Carolina has to offer as a destination for businesses from around the world.”

Each year, IBM-PLI publishes a report titled Global Location Trends, looking at foreign investment around the globe. The report outlines the latest trends in corporate location selection, showing where companies are locating and expanding their businesses and creating jobs. The numbers in the new report were based on data gathered in 2014.

In addition to ranking first in foreign investment job creation per capita in this year’s report, the Palmetto State also holds the spot for job creation through both foreign and out-of-state domestic investment per capita. Furthermore, South Carolina ranks third in total absolute jobs created through foreign investment.

“With more than 1,200 international establishments currently operating within our borders, South Carolina is enjoying tremendous success in foreign investment, and this ranking by IBM-PLI is a confirmation of that. Moving forward, the recruitment of international companies will remain a critical component of our economic development strategy as we seek to cultivate a dynamic, globally-connected economy,” said Secretary of Commerce Bobby Hitt.

Source: South Carolina Department of Commerce press release

 

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Delores Jackson

Delores Jackson was Director of Corporate Learning for Oklahoma City Community College for eight years, consulting with business leaders to determine the training and develop needs of their employees, designing the programs, and managing a staff of professional trainers. ...