Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U.S. Department of Commerce : Acting Secretary Blank Meets with Brazilian CEOs, Promotes SelectUSA Investment Summit

05/14/2013 | 02:09pm US/Eastern

Yesterday, Acting Secretary Blank met with a group of Brazilian CEOs to hear their priorities for doing business with the U.S. and to propose possible areas for close collaboration with American businesses. One area in which U.S. and Brazilian firms can work together is on infrastructure development, which is one reason why Acting

Secretary Blank is currently leading a trade mission of 20 U.S. firms in a wide range of infrastructure industry sectors to Brazil, Colombia and Panama. These companies offer everything from cutting-edge technologies to top-notch services in engineering, management consulting, and more -- and they are well equipped to help Brazil meet its robust goals for infrastructure improvements.

Acting Secretary Blank emphasized the importance of a strong bilateral investment relationship -- many global manufacturers, including some in Brazil, are now looking to return manufacturing operations to the U.S., to expand operations here, or to invest in the U.S. for the first time. That´s because there are a host of factors that make America a very attractive place to do business: low domestic energy costs and a stable supply of energy, high labor productivity, strong research institutions that can serve as partners in developing new products, intellectual property protections, and a stable business investment environment.

Foreign-based companies that invest directly in the U.S.economy create high-quality, well-paid jobs for American workers by building new facilities, provide for research and development and growing warehouses, sales offices and service centers. That is why the Obama Administration launched a new program in 2011, housed at the Department of Commerce, to increase investment in America: SelectUSA. This fall, SelectUSA will lead the first-ever "Investment Summit," in Washington, DC from October 31 to November 1, which Acting Secretary Blank encouraged the Brazilian CEOs to attend in order to gain insights on how to start or expand operations in the United States. This Investment Summit will bring together international companies and U.S. economic development leaders from many states and communities to highlight the numerous and increasingly-attractive benefits of investing in the United States.

SelectUSA provides information assistance to the global investment community, serves as an ombudsman for investors, and advocates for U.S. cities, states, and regions competing for global investment. It serves as a single point of contact at the federal level for investors and economic development organizations to provide counseling on investment attraction strategy, how to start a business, access federal resources, and/or navigating U.S. Government regulations.

distributed by
Latest news
Date Title
<1m ago CARPETRIGHT : Directorate Change
<1m ago AMC NETWORKS : Ifc promotes kevin vitale to senior vice president, brand marketing
<1m ago CARPETRIGHT : Holding(s) in Company
<1m ago Tandon Digital(R) DBA Monster Digital(R) Appoints CFO
1m ago BUSINESS MACHINES : Patent Issued for Compiler Generator
1m ago BUSINESS MACHINES : Patent Issued for Estimating Migration Costs for Migrating Logical Partitions within a Virtualized Computing Environment Based on a Migration Cost...
1m ago BUSINESS MACHINES : Patent Issued for Field-Effect Transistor (FET) with Source-Drain Contact over Gate Spacer
1m ago BUSINESS MACHINES : Patent Issued for Dynamic De-Identification of Data
1m ago BUSINESS MACHINES : Patent Issued for Electrical Cable Assembly
1m ago Patent Issued for Electrophoretic Display Device, Control Circuit, Electronic Apparatus, and Driving Method for Reducing Image Flicker
Latest news
Advertisement
Hot News 
BOULDER BRANDS : Announces Preliminary Third Quarter 2014 Results
TUPPERWARE BRANDS : Reports Third Quarter Results
WILLBROS : Elects John T. McNabb, II Chief Executive Officer
CLICKSOFTWARE TECHNOLOGIES : Appoints New CFO
ALTISOURCE PORTFOLIO SOLUTIONS : INVESTOR ALERT: Glancy Binkow & Goldberg LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against Altisource Portfolio Solutions S.A.
Most Read News
49m ago AT&T revenue lower than expected as customers bring in their own phones
59m ago TERADYNE : beats Street 3Q forecasts
1h ago EXELON : ICC Approves ComEd’s Grand Prairie Gateway Project
1h ago ATMEL : Patent Issued for Apparatus and Method for Increasing the Quantity of Discrete Electronic Components in an Integrated Circuit Package
1h ago TESORO LOGISTICS : Announces Pricing of $1.3 Billion of Senior Notes
Most recommended articles
23m ago BGC launches formal $675 million offer for rival broker GFI
44m ago P&G shuffles management, focuses on streamlining co
49m ago AT&T revenue lower than expected as customers bring in their own phones
1h ago Analysis- Fresh turbulence tests post-crisis financial markets
1h agoDJLOW INFLATION, FLATTER COLA : Social Security Benefits to Get 1.7% Bump
Dynamic quotes  
ON
| OFF