Missouri Draws Attention of Growing Businesses at SelectUSA
- July 11, 2022
The SelectUSA Investment Summit is the highest-profile event in the U.S. dedicated to promoting foreign direct investment (FDI) into the United States. It’s an event our team looks forward to attending every year. It provides an opportunity to tell global companies about the pro-business environment in Missouri while learning about their business and new trends in various industries.
SelectUSA 2022 just wrapped, so we’re diving into the details and taking a look at who attended and what companies are saying about expanding their business in the U.S.
During this year’s Summit, we had a delegation of 8 people from Missouri attend. Each and every one of them was extremely busy during the entire event. Our team met with key decision makers to discuss their growth plans and offer assistance as they explore options in Missouri. Companies from Brazil, Germany, India, Ireland, Israel, UAE, UK and other countries showed serious interest in entering the U.S. market.
Supply chain issues were one of the most common topics we covered in meetings, as well as reshoring. It was interesting to hear executives discuss new contracts that require “Made in the U.S.A.” on products – which is prompting them to take a hard look at states in the U.S. for their next operation. And they’re not just looking at the coasts. Missouri’s low business costs and central location make us extremely competitive in business attraction.
Check out what our team members have to say about this year’s SelectUSA Summit:
“Select USA was a great event for us to connect with companies looking to invest in the United States and meet face to face to discuss the wide array of resources, talent and great business environment that we have to offer in Missouri.”
– Deborah Price, Vice President Business Recruitment & General Counsel
“SelectUSA is a phenomenal event that puts us face to face with global business leaders. During these meetings, you can see they’re impressed with what Missouri has to offer. For many, this is the first time they’re hearing about our state’s impressive rankings such as 1st for on-the-job training or 3rd best corporate income tax index. We put Missouri on their radar so they will consider us when the time is right to expand into the U.S.”
– Mark Sutherland, CMO
“When a company is looking for a new location in the United States, there are many states that are well-known. But they may not always be the best ones for investment. Missouri offers more for companies investing in the United States for the first time. We’re a very safe harbor for investment through a AAA bond rating. We have competitive costs for labor and real estate. We also provide a soft landing thanks to our dedication to customer service at Missouri Partnership.”
– Subash Alias, CEO