David Alexander, Keith Groebe and George Kobayashi, Principals of Masuda, Funai, Eifert & Mitchell Ltd., joined more than 3,000 participants from 66 international markets, and 50 U.S. states and territories for SelectUSA’s Investment Summit.
At the SelectUSA summit, Masuda Funai hosted a cocktail reception for prospective foreign investors at the state of Illinois exhibit booth as well as a team building dinner for the Illinois delegation. From its Midwest and West Coast offices, Masuda Funai has guided foreign investors for almost 90 years and is universally recognized as the law firm for foreign direct investment (FDI) throughout the U.S.
“While Masuda Funai has been represented at the annual summit almost since its inception, the activity was heightened at this year’s event and the connections made were impactful,“ said Groebe. “We are particularly pleased that our relationship with the State of Illinois has deepened and look forward to continuing to partner with its representatives.”
The SelectUSA Investment Summit is the highest-profile event dedicated to promoting foreign direct investment (FDI) in the United States. Themed “Invest Here. Grow Here. Succeed Here.,” the summit provided an unparalleled opportunity to bring together companies from all over the world, economic development organizations from every corner of the nation, and other parties working to facilitate business investment in the United States.
The top 10 markets represented at the summit were Taiwan, China, Japan, India, Romania, Switzerland, Korea, Germany, Israel and Brazil. Featuring senior government officials, C-Suite business executives, and other thought leaders, each summit focuses on a timely theme related to the U.S. investment environment, industry trends, and new opportunities.
Some interesting facts about FDI (provided by SelectUSA):
- FDI in U.S. high-tech industries totaled more than $1.6 trillion in 2016.
- FDI accounts for $1.5 trillion of the U.S. manufacturing industry (2016).
- FDI has created nearly 95,000 jobs in rural America since 2003.
- FDI supports nearly 13 million American jobs.
- There are more than 22,400 active apprenticeship programs in the U.S.