(C) ShareAmerica
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Why foreign companies invest in the U.S. [1]
['Charles Hoskinson']
Date: 2025-04-01 16:31:33+00:00
As Lego looks to expand its global business, the toy producer is building production facilities close to major markets. That’s why Lego is investing $1 billion in a new manufacturing plant in the United States, home to more than 330 million people and the world’s largest consumer market.
The Danish company is also attracted by the educated, productive workforce in the United States and, more specifically, in Virginia. “We were impressed with all that Virginia has to offer, from access to a skilled workforce, support for high-quality manufacturers and great transport links,” Lego Group chief executive Niels Christiansen, said in a statement, announcing plans for the facility, which is expected to open in 2027.
President Trump plans to expand opportunities for foreign companies to invest in the U.S. “There will be no better place on Earth to create jobs, build factories or grow a company than right here in the good old USA,” Trump said in remarks to the World Economic Forum in January.
A favorable business climate has helped make the U.S. the world’s leading recipient of foreign direct investment since 2006. And Trump has said he will work with Congress to lower business taxes to spur further investment.
🚨 @POTUS announces a $100 BILLION new investment by TSMC in U.S. chips manufacturing! pic.twitter.com/PtiaxxwMXK — The White House (@WhiteHouse) March 3, 2025
On March 3 at the White House, Trump and Taiwan Semiconductor Manufacturing Company (TSMC) Chief Executive C.C. Wei announced TSMC’s $100 billion investment in production and research facilities in Arizona. The announcement builds on TSMC’s previous $65 billion investment in a facility in the state. “It’s going to create thousands of high-paying jobs,” Wei said, speaking alongside Trump.
Wei noted semiconductors produced in Arizona will support progress on artificial intelligence and smart phones. He thanked a host of U.S. tech companies — Apple, Nvidia, AMD, Qualcomm and Broadcom — that provide a customer base for TSMC semiconductors produced in the U.S. “Without their support, we probably cannot make it true,” he said.
America’s innovative culture and transparent regulatory environment are also important to companies that locate here.
The United States’ physical size — the third-largest of any nation — offers abundant natural resources. Its first-class infrastructure allows companies to move goods to market and across supply chains.
Niche Cocoa, of Ghana, has announced plans for a $30 million manufacturing facility in Franklin, Wisconsin, in part because of the Milwaukee suburb’s proximity to dairy producers. The factory will process cocoa cake from Ghana into powder, which can be combined with Wisconsin-produced milk to make chocolate products.
“Once you produce the powder, there are a lot of milk factories” in the area, Niche Cocoa founder and chief executive Edmund Poku said.
“The partnership between what we know how to do and what Wisconsin can offer Niche to succeed in our next chapter is what brought us to the state,” Poku said in a statement from the Wisconsin Economic Development Corporation.
Foreign investment creates jobs, powers innovation and boosts the United States’ $29 trillion annual gross domestic product. According to Jonathan Samford, president and chief executive of the Global Business Alliance, which advocates for international companies in the United States, “nearly one-quarter of all U.S. exports are produced by Americans employed at internationally-headquartered companies.”
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