Latest

Looking for more information about foreign direct investment, international companies and U.S. competitiveness? Well, we’ve got you covered. Here you can find press releases, letters to policymakers, factsheets and insights on specific topics, as well as company announcements and industry perspectives.

Rolls Royce Signs $75 Million Contract for Sustainable Power Systems Research at Purdue University Laboratory

The $75 million will go toward testing and research in gas turbine technology and electrical and digital technology at Zucrow Labs, the University's new academic propulsion laboratory. The contract between Purdue University and the automaker and aerospace company is the biggest industry partnership in the University's history.

National Grid Launches Diversity Encouraging Engineering Scholarship Program in Massachusetts and New York

Six students will receive $10,000 and a paid summer internship with National Grid in New York or Massachusetts. Recipients may be eligible to receive these benefits for up to four years.

Sumitomo Machinery Corporation of America

Sumitomo Announces Iowa Manufacturing Facility Expansion

Valent BioSciences LLC, a subsidiary of Sumitomo Chemical Co., Ltd., announced an expansion to its biorational manufacturing facility in Osage, Iowa. The expansion includes a new pilot plant facility that will help the company introduce new products and meet the increasing demand for its biorational products.

Anheuser-Busch Foundation Provides Aid to Graduates from Historically Black Colleges and Universities

Anheuser-Busch donated $200,000 to UNCF (United Negro College Fund), a degree completion program that awards scholarships up to $2,500 to help students at Historically Black Colleges and Universities complete their degree requirements. Students who receive these awards would have otherwise been unable to complete their degrees due to financial circumstances.

Sodexo Acquires VendEdge Convenience Services Company

The acquisition will bolster Sodexo's position as a leader in the convenience industry and help the company grow into the southeastern U.S. market.

Panasonic Choosing Between Kansas and Oklahoma for New Electric Car Battery Plant

Panasonic will build an electric battery plant to supply batteries to Tesla's electric vehicle plant in Texas. The estimated $4 billion plant will create as many as 4,000 jobs.

CRH Will Buy Barrette Outdoor Living in $1.9 Billion Deal

CRH Plc will buy the Ohio residential fencing and railing maker for $1.9 billion. The deal will help CRH Plc expand its North American offerings.

Shell Acquires Nearly 200 Gas Stations in Texas

The oil and gas company purchased nearly 200 Timewise gasoline stations from Landmark Industries in the Houston, San Antonio, Austin and Laredo areas. Shell is looking to offer alternate fueling options at these locations in the future, including electric vehicle charging, hydrogen, biofuels and lower-carbon fuels.

Unilever Launches "United We Stand" Campaign for Tangible Support for Underserved LGBTQ+ Communities

The campaign seeks to produce systemic change, allocating funds toward anti-bullying, anti-hunger and nutritional support, mental health and wellness services, housing resources, anti-conversion therapy support, decriminalization of HIV and fighting against anti-trans legislation. Funds generated by the campaign will strengthen critical services provided by Forum for Equality in Louisiana, Freedom Oklahoma, South Carolina Black Pride, The Knights and Orchids Society in Alabama and PFLAG Springfield in Missouri.

Panasonic Commits to Zero-Carbon Emission Goal by 2030

The Panasonic Group is pushing for all of its operating companies to achieve a goal of zero-carbon emissions by 2030. The firm also seeks to reduce carbon emissions at the household level with newly launched energy-efficient appliances that allow customers to contribute to their Panasonic Green Implant Project.

Danone Sets Goal of Zero Waste to Landfill by 2025 for North American Facilities

Danone North America will work with third-party partners to implement climate-friendly solutions to minimize the waste produced by their manufacturing process. The company is working towards making all of its North American manufacturing facilities Zero Waste to Landfill in the next three years—15 percent of its facilities have already met this target.

ASML Announces $200 Million Expansion for Connecticut Plant, Creating 1,000 Jobs

The Dutch semiconductor manufacturer will expand its largest U.S. plant in Wilton, Connecticut, creating an estimated 1,000 new jobs in the next two years. The company currently employs 2,000 individuals at the facility and has already invested upwards of $100 million in cleanrooms, labs and offices.

Siemens Foundation Sponsors National Alliance for Hispanic Health and the Healthy Americas Foundation Health and Wellness Events

The manufacturing company sponsored the nation's largest event series dedicated to promoting healthy lifestyles in Hispanic communities. More than 250,000 attendees were given access to free health screenings, community health service referrals and wellness activities.

Mazda Sets Carbon Neutrality Goal by 2035 for Factories Worldwide

The Japanese automaker seeks to achieve carbon neutrality in all factories worldwide by 2035. Mazda factories will begin transitioning to renewable energy sources and use carbon-neutral vehicles in all factories.

Danone Ships Millions of Bottles of Formula to the U.S. Amidst Formula Shortage

The company will ship half-a-million cans—enough for five million bottles of formula—to the U.S. in the coming weeks to address a critical formula shortage experienced in the country.

GlaxoSmithKline to Acquire U.S.-Based Vaccine Developer, Affinivax Inc., for up to $3.3 Billion

GlaxoSmithKline will pay up to $3.3 billion to acquire Affinivax Inc., a leading Boston-based vaccine developer. The acquisition will strengthen GSK's position among competing vaccine developers like Pfizer and Merck.

BASF Grows U.S. Apprenticeship Development Program

BASF is hiring 100 new apprentices at 20 U.S. manufacturing sites, helping them launch careers in manufacturing. The Apprentices will receive on-the-job training and earn an industry-recognized certificate or associate degree over 12-36 months while earning competitive wages.

Toyota Motor North America and Toyota Auto Body California Donate Quarter Panels Worth $632,480 to Collision Repair Educational Programs Across the Country

The donation of 944 quarter panels will be divided among 100 schools in the U.S. and help over 3,000 students practice and develop technician skills.

New Name — Same Mission

After 30 years, the Organization for International Investment (OFII) is now the Global Business Alliance. We remain dedicated to promoting and defending a fair economy that welcomes international companies to invest in America.

When America is open for business, we all benefit.

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