Foreign Investment Pays Off in Jobs

The Indiana Chamber has touted the advantages of foreign-owned establishments numerous times over the years. A new study looks at jobs generated by the foreign investment in the largest U.S. metro areas over the past 20 years.

In 1991, Indianapolis ranked 36th nationally with 21,190 jobs tied to foreign direct investment. In 2011, those numbers improved to a 22nd-place ranking and 49,910 jobs.

How about industries and locations? Aircraft products and parts topped the 2011 list (thanks largely to Rolls Royce), accounting for 7,600 jobs. Motor vehicle parts followed with 4,800 jobs. In line with those numbers, London and Tokyo, respectively, were the leading global cities serving as home for the Indianapolis-area investment.

The Brookings Institutions and JPMorgan Chase combined efforts on the research.