Israeli Companies Employed 23,000 Americans
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12/31/2011
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GovXContentSection
Israeli companies are playing an important role in U.S. economic growth, creating high quality American jobs while establishing themselves on the cutting edge of the global economy.
According to the U.S. Department of Commerce Select USA initiative, in 2010, U.S. subsidiaries of Israeli-owned firms employed 23,600 U.S. workers, with compensation for those employees totaling $1.8 billion, and U.S. affiliates of Israeli-owned firms also contributed $256 million to U.S. exports.
In 2011 Israel ranked as the 18th largest source of Foreign Direct Investment (FDI) at $26.8 billion; ahead of China, India, Denmark, Finland, Saudi Arabia, and the United Arabs Emirates.
Despite the recent global economic downturn, Israeli FDI in the U.S. increased each of the last five years which demonstrates Israel’s strong commitment and belief in the strength of the U.S. economy.
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