Shining a"Spotlight on EDOs"
SelectUSA has started a new blog post series featuring the voices of various economic development organizations (EDOs) across the United States: Spotlight on EDOs. This guest-authored series tells the story of foreign direct investment (FDI) from the perspective of local communities revitalized by job-creating investment.
EDOs play a critical role in making investment happen. Each author has a different story, collaborative approach, and path to attracting investment. Last week, we heard from JobsOhio on how FDI has helped revive the town of Moraine, OH. Today, Global Delaware explains why international companies should look at the First State with new eyes. And we have many more stories in the pipeline!
We hope that you are excited about this new series as we are.
Foreign Investment Breathes New Life Into Ohio City
Kristi Tanner, Automotive Senior Managing Director, JobsOhio
On October 7, Fuyao Glass America, a subsidiary of China-based Fuyao Group, celebrated the grand opening of its auto glass manufacturing facility in Moraine, a small industrial city just south of Dayton, Ohio. The company invested nearly $600 million to convert a shuttered General Motors assembly plant into the world’s largest auto glass fabrication facility – the largest capital investment east of the Mississippi by a Chinese company.
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Putting the "Global" in Global Delaware
Emma Pautler, Marketing Specialist, Global Delaware
A growing challenge (though not necessarily a bad one) for our team has been how not to become victims of our own success. Delaware IS welcoming and business friendly – but we are also so much more than corporations. This is why, beyond meeting with delegations and international business owners, we’ve spent a great deal of time developing innovative strategies that create value for international investors looking to bring their business to Delaware.
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