SelectUSA’s Annual Summit Begins Today, Highlights Foreign Investment in U.S. with $600 Million for New Projects



American Communities Look to Do Business with Global Companies at D.C. Summit



(June 20, 2018) - - On today's date, the U.S. Department of Commerce published the following information:

Today, U.S. Secretary of Commerce Wilbur Ross opened the fifth annual SelectUSA Investment Summit, which brings together international companies, U.S. economic development organizations, and other stakeholders to explore job-creating investment opportunities across the United States.

“SelectUSA is the premier event for international companies seeking new opportunities in the United States,” Secretary Ross said. “We have the most open and dynamic market in the world buoyed by the pro-growth policies of President Trump. There has been no better time to invest here. We have more than 3,000 delegates from 66 countries attending this year’s Summit, including delegates from 15 countries that are new this year. I’m pleased to welcome the foreign investment community and announce $600 million in new projects this year.”

Companies will reveal more than $600 million in new investments at this year’s Investment Summit, which are expected to create more than 800 new American jobs. Notable speakers and attendees include five Cabinet secretaries, 10 U.S. governors, and executives from companies such as Lockheed Martin, Mercedes-Benz, and Siemens USA.

The annual Investment Summit is the highest-level FDI event in the United States. Participants from the previous four Investment Summits have announced nearly $93 billion in greenfield investment projects – projects that support more than 140,000 U.S. jobs.

The theme for the 2018 Investment Summit is Invest Here. Grow Here. Succeed Here. During the next two days, attendees will hear from high-level government leaders and industry experts about opportunities in key sectors including infrastructure development, advanced manufacturing, and, for the first time, the burgeoning commercial space industry.

About SelectUSA

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.