South Carolina ranked first in job attraction through foreign investment

IBM-Plant Location International (IBM-PLI) has ranked South Carolina first per million inhabitants in attracting jobs through foreign investment, the South Carolina Department of Commerce announced Tuesday.


IBM-Plant Location International (IBM-PLI) has ranked South Carolina first per million inhabitants in attracting jobs through foreign investment, the South Carolina Department of Commerce announced Tuesday.

This year's IBM-PLI report ranked the Palmetto State above No. 2 Tennessee and No.3 Kentucky.

This is the third time in the last four years that South Carolina has made the rankings.

“The reason we’ve seen so much success in recruiting international companies to South Carolina is our highly skilled workforce that has proven, time and time again, that it’s capable of making any product, and making it well,” South Carolina Gov. Nikki Haley said. “With major companies like Daimler and Volvo Cars continuing to move into our state, we have shown the world that when you invest in our state and her people, we will wrap our arms around you and warmly welcome you to the South Carolina family. This ranking by IBM-Plant Location International truly is a testament to everything that South Carolina has to offer as a destination for businesses from around the world."

IBM-PLI publishes its annual report "Global Location Trends," which analyzes foreign investments all over the world. The report focuses on the latest trends in corporate location selection. The numbers in this year's report were based on data from 2014.

South Carolina also holds the top spot for job creation through both foreign and out-of-state domestic investment per capita; the state also ranks third in total absolute jobs created through foreign investment.

“With more than 1,200 international establishments currently operating within our borders, South Carolina is enjoying tremendous success in foreign investment, and this ranking by IBM-PLI is a confirmation of that," South Carolina's Secretary of Commerce Bobby Hitt said. "Moving forward, the recruitment of international companies will remain a critical component of our economic development strategy as we seek to cultivate a dynamic, globally-connected economy."

The complete report can be found at www.ibm.com/gbs/pli.

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