TBIC News

Last week, the Transatlantic Business & Investment Council (TBIC), LP, attended Space Tech Expo Europe to meet with companies interested in exploring opportunities for U.S. market expansion.

Now in its 10th edition, Space Tech Expo Europe has become one of the most important gatherings for the European space supply chain. Nearly 1,000 exhibitors and a wide range of industry stakeholders came together to showcase advancements in manufacturing, satellite technologies, testing, components, and data-driven services.

Across conversations at the event, one theme stood out: the United States remains a critical market for growth. European companies continue to see strong demand for advanced manufacturing, satellite and communications capabilities, and data-enabled services. Many are actively evaluating when and how to establish a presence in the U.S. and what support they will need along the way.

As part of TBIC’s mission to strengthen transatlantic investment, our team met with numerous companies to discuss pathways into the U.S. market, available resources, and opportunities within our network of American communities and partners. We will continue supporting these companies as they develop their strategies and consider next steps.

Earlier this month, the TBIC team visited Agritechnica in Hanover, the world’s leading trade fair for agricultural machinery and equipment. We were pleased to attend the fair together with our TBIC Member Henderson Texas Economic Development Corporation, who joined us for meetings with companies exploring international expansion.

Across the exhibition halls, we met a range of innovative suppliers and equipment manufacturers, including several firms that are actively evaluating opportunities in the United States. Many see strong potential in the U.S. market due to ongoing investments in modern farming technologies, increasing adoption of automation, and a growing interest in sustainable solutions.

For TBIC members, events like Agritechnica remain a valuable platform to identify future investors early in their decision-making process. Attending with Henderson Texas provided an excellent opportunity to introduce them directly to companies preparing their next steps and to discuss how their community can support future U.S. projects.

Agritechnica once again demonstrated how dynamic and forward-looking this industry is. If you would like to learn more about how TBIC supports investment promotion, please feel free to reach out to our team.

With Indianapolis in the spotlight during this year’s NFL game in Berlin, we were pleased to welcome a delegation from the Indy Partnership and their regional partners from Westfield, Shelbyville, and Madison County to the TBIC office.

The visit focused on current developments in European foreign direct investment, strategies for regional collaboration, and the continued momentum of Indiana’s business community. The group shared insights on their active industry sectors and ongoing efforts to attract international companies to the state, while we provided an update on investment trends across Europe and the projects currently shaping the transatlantic landscape. Meetings like these allow our team to stay closely aligned with the priorities of our members and partners, ensuring that European firms receive accurate and timely information about the strengths and opportunities in regions like Indiana.

We would like to thank the Indy Partnership for organizing the visit and for the engaging exchange. We hope the entire group enjoyed their time in Berlin and the excitement surrounding the game weekend!

Fachpack is one of Europe’s leading specialized trade shows for the packaging, processing, and logistics industries, bringing together innovators, suppliers, and decision-makers from across the value chain. The TBIC Team was on the ground for two days, meeting with more than 40 companies to discuss their U.S. market plans and ambitions. From advanced packaging technologies to industrial equipment providers, the conversations underscored a continued interest in North America as a growth market and the importance of building the right local partnerships.

In September TBIC had the opportunity to connect with European defense companies at DSEI in London for the first time. The European defense industry, ranging for armored vehicles to protection clothing, radar technology to large-scale ammunition production, experiences its most dynamic growth for decades. With individual company meetings and networking with relevant stakeholders from six different countries, TBIC wanted to make sure, that its regions are not missing out on upcoming U.S. expansions and partnerships. 🇪🇺🇬🇧🇺🇸

We are excited about the first DSEI in Germany in 2027, which will be part of our agenda again.

Our four-day delegation trip to Germany began in Stuttgart and traveled through Baden-Wuerttemberg, Rhineland-Palatinate, and Bavaria, where we engaged with industry partners as well as industry leaders and internationally active companies in the automotive, food, and chemical industries who are looking to grow their business in the U.S.

The mission concluded at the IAA MOBILITY Show in Munich, held every two years and recognized as Europe’s leading automotive event. The exhibition offered an opportunity to observe emerging industry trends and innovations firsthand and to discuss the future of transatlantic trade in the automotive sector.

What a day it was in Chicago! On August 26, more than 130 participants came together for the Transatlantic Business & Investment Conference 2025, making it our largest and most engaging gathering yet.

From the opening remarks by Consul General Brian Cahalane (Ireland) and Consul General Michael Ahrens (Germany), to thought-provoking insights from Jeffrey Korzenik (Fifth Third Bank) on today’s global economy, the stage was set for a full day of transatlantic exchange.

Our panels and fireside chats spanned the issues that matter most to our community:

• Navigating the impact of tariffs and global trade shifts on FDI
• Energy competitiveness and the balance of clean and conventional sources
• The realities of site selection for datacenters and SMEs alike
• Data-driven tools and workforce strategies to prepare U.S. communities for future growth

Speakers from across industry, government, and academia shared their experiences, while participants engaged in candid discussions on how to turn big-picture trends into local strategies. And, of course, the networking throughout the day proved just as valuable as the sessions themselves.

A warm thank you goes to all our sponsors, members, partners, and guests who helped make the day a success. Your engagement and contributions continue to strengthen this transatlantic network of collaboration and opportunity.

📸 You can find a selection of photos from the day here: Conference 2025 Photos

Looking ahead: #TBIC2026

We are already turning our attention to next year’s conference. The search for a new host city is underway, and we are excited to explore where the TBIC community will gather next. If your community would like to host or if you are interested in becoming a sponsor, please reach out to Matthias ([email protected]).

We look forward to building on the conversations from Chicago and welcoming you to an even stronger #TBIC2026!

The TBIC Team is pleased to announce a new partnership with GIS WebTech, creator of the GURU platform used by many economic development organizations across the United States.

This collaboration enhances TBIC’s existing services by streamlining the way member communities promote their available sites and buildings to European companies exploring U.S. expansion.

What the partnership offers:

• The new TBIC GURU allows member properties to be displayed in an interactive, data-rich format that is easy for international companies to navigate.
• Current GIS WebTech clients can have their property listings automatically pulled from their existing GURU platform to the TBIC GURU, with no manual updates required.
• TBIC members who are not yet GIS WebTech clients can still access the platform through a free login, which allows them to upload their listings manually.

All participating members receive visibility through TBIC’s outreach in Europe, as well as optional access to GIS WebTech’s tools for local branding and enhanced analytics.

This integration strengthens our goal of making U.S. communities visible and accessible to foreign direct investment. It simplifies the site search process for companies abroad while offering our members a more efficient way to present their assets.

We recently introduced the new TBIC GURU during a joint webinar with GIS WebTech. The full recording is available here.

If you are a TBIC member and would like to be featured on the TBIC GURU, or if you would like to learn more about GIS WebTech’s platform, we encourage you to reach out. This is one more way TBIC is working to support our members with practical, accessible tools for visibility.

After two packed days at the International Paris Air Show, TBIC concludes a week of trade show visits in France’s capital city. Following a deep dive into innovation at Viva Technology, the Transatlantic Business & Investment Council (TBIC), LP spent the last couple of days at the Paris Air Show — the world’s largest aerospace exhibition, which welcomes over 2,500 exhibitors and 300,000+ visitors from around the globe.

Over two days, TBIC held back-to-back meetings with European industry leaders to explore their growth plans in the United States and discuss how our attending economic developers from across the U.S. can support their expansion into North America.

Thank you to everyone who met with us during a truly dynamic week in Paris. À bientôt!

TBIC had the pleasure of attending Hashtag#VivaTech 2025, one of Europe’s premier events for technology and innovation, welcoming 165,000+ visitors, 3,500+ exhibitors, and 13,500 startups from around the globe.

Together with our community member, the Greater Wichita Partnership, we met with a wide range of European tech companies and startups exploring expansion into the U.S. market. Across two busy days, we discussed strategic growth opportunities and shared insights on navigating U.S. market entry. A sincere thank you to all those who took the time to connect with us!

TBIC had the opportunity to connect with some of the most innovative companies in the European battery and energy storage sector. Across 13 meetings with organizations from 5 different countries, the conversations centered around one key theme: how to bring their solutions to the U.S. market.

It’s clear there’s strong momentum and global interest in scaling battery technology, and we’re excited to help bridge the gap between Europe’s cutting-edge innovations and opportunities in the U.S.

This latest issue of our quarterly features an analysis of the newly published data for Q3 2024 and revised data for the previous quarters, as recently released by the U.S. Bureau of Economic Analysis (BEA). Revised data shows that FDI inflows for the second quarter of 2024 were adjusted up to $94.11 billion from an initial estimate of $83.7 billion. In contrast, the third quarter of 2024 saw a decline in FDI inflows, reaching $72.51 billion, following the strong growth observed in the first half of the year. Despite the decrease, FDI levels remain significantly higher than those recorded in Q3 and Q4 of 2023, signaling continued investor confidence in the U.S. market.

This issue includes a time series focusing on German foreign direct investment into the United States. Germany’s FDI stock in the U.S. amounted to a total of $472.85 billion at the end of 2023, highlighting its position as one of the largest European investors.

Download the full TBIC Quarterly here.

Each year in May, the SelectUSA Investment Summit is the premier domestic opportunity for EDOs from all over the U.S. to meet international investors face-to-face, while high-profile business and government leaders share insights on the latest business trends. It’s been a busy few days of valuable conversations, new connections, and shared ideas on what transatlantic investment looks like in 2025 and beyond.

A big thank you to all the companies we met with during our 20+ meetings from 13 countries, and in particular to the U.S. communities and corporate members who joined us as co-exhibitors through the FDI Recruitment Program — it was a pleasure to work alongside you!

Until next year, SelectUSA! 🚀

From Frankfurt to Munich, in April our Machinery & Advanced Manufacturing FDI Trip brought U.S. economic developers from Indiana, Texas, and the industrial construction sector to one of Germany’s key industrial regions. Over the course of a week, the group traveled through the Black Forest and Bavaria, meeting with Mittelstand companies in sectors such as precision machining, brake systems, and induction heating—many of them actively planning U.S. expansions. Highlights included a U.S. Roundtable with the IHK Schwaben and a visit to bauma, the world’s largest trade fair for construction machinery, where more than 3,500 exhibitors showcased the latest in industrial equipment and technology. The trip offered valuable insights into Germany’s manufacturing strength and created new connections for future transatlantic investment.

In early April, TBIC once again participated in HANNOVER MESSE, the world’s largest industrial trade show. With over 4,000 exhibitors and around 130,000 visitors, the event provided excellent networking opportunities for our delegation, which engaged with more than 50 European companies exploring U.S. expansion. Our popular Transatlantic Happy Hour proved to be a highlight, fostering valuable connections between European businesses and TBIC members. We thank our co-exhibitors and partners for making this year’s event a success and look forward to returning next year.

In February, TBIC welcomed a delegation to visit companies and relevant stakeholders from across Southern Germany and Austria. This year’s itinerary featured companies involved in injection moulding & die cutting, timber and packaging, and medical technology – a presentation of the wide variety of high-end industries that dominate these two markets. The meetings provided fantastic opportunities for companies to both showcase their products, but also provide information regarding their U.S. expansion plans. Products from Austria and Southern Germany are renowned worldwide for their quality and attention to detail – a hallmark that continues to define these two countries. We look forward to inviting members to join us again next year!

Thank you to everyone who joined us for our Annual Recap session! Reflecting on 2024, we’re proud of what we achieved together to strengthen transatlantic economic ties and support European companies in their U.S. expansions. This year, we organized 8 delegation trips to Europe, participated in 15 trade shows, and helped connect nearly 200 European companies and over 50 multipliers with TBIC Members. We also hosted seven events as well as our largest Transatlantic Business & Investment Conference to date, and delivered 6 Market Insights newsletters. As we look ahead to 2025, we’re excited to build on this momentum, navigating evolving opportunities in FDI and continuing to foster collaboration. Here’s to a successful year ahead!

This edition of our quarterly features an analysis of the newly published data for Q4 2023 and revised data for the previous quarters, as recently released by the U.S. Bureau of Economic Analysis (BEA). The $66.2 billion worth of FDI inflow for the fourth quarter, reflects a general trend for the past years in fourth quarter decreases. At the same time, third quarter figures were revised upward to a respectable $73.1 billion. Food and machinery sectors continue to dominate, and further capitalized on positive momentum as signified by a considerable increase in investments within those sectors.

This issue also includes a time series focusing on Spanish foreign direct investment into the United States.

Download the Quarterly here.

In November 2024, the Transatlantic Business & Investment Council (TBIC) had its first FDI recruitment trip to Spain with meetings, multiplier visits and networking events in Madrid and Barcelona. In collaboration with the Global Chamber of Commerce, the U.S. Commercial Service in Spain and CDTI – The Center for Technological Development and Innovation in Madrid, TBIC and its members from Texas and Georgia met with more than 20 companies from advanced manufacturing industries, but also tech-oriented start-ups in the food and robotics industries. In addition to that, the brief visit of the Madrid Advanced Manufacturing Show was a great opportunity to meet with companies from Spain and other European countries. With plenty new local partnerships and connections TBIC is already looking forward to coming back to Spain.

In November 2024, the Transatlantic Business & Investment Council (TBIC) wrapped up a successful FDI recruitment trip to Paris, France, and Berlin, Germany, two vital hubs of European innovation and start-up ecosystems. The focus of the trip was to build key partnerships in industries such as BioTech, HealthTech, and Energy, supporting European companies looking to expand into the U.S. market.

Throughout the journey, TBIC engaged with Chambers of Commerce, tech accelerators, and innovative campuses to foster new connections and growth opportunities. These partnerships are essential for bringing European FDI to the United States and strengthening transatlantic relationships.

In November 2024, the Transatlantic Business & Investment Council (TBIC) attended the Space Tech Expo Europe in Bremen, Germany, a key event in the aerospace industry. As a hub of European space technology, Bremen provided an excellent platform for engaging with innovative companies and industry leaders.The expo showcased the latest advancements in space technology and highlighted opportunities for European aerospace firms to expand into the thriving U.S. market, valued at over $200 billion. From NASA-led collaborations to private-sector partnerships, the potential for innovation and growth is immense.

Thank you to everyone who joined our recent webinar! Led by TBIC Advisory Council member Jamie Newell, the session provided a deep dive into the latest developments in the hydrogen economy, focusing on the evolving U.S. and German markets. Economic developers were encouraged to stay informed, as rapid industry advancements make it essential to keep up with trends to position their communities competitively for hydrogen investments. Another key takeaway was the importance of engaging local businesses interested in green energy, as they are often pivotal in attracting further hydrogen development. We’re thrilled to continue this series in early 2025 with a session focused on U.S. expansion strategies for hydrogen companies, followed by a March 2025 three-day event offering site visits to leading Northern European hydrogen and clean energy companies. Watch your inbox or check our website for upcoming details—hope to see you in 2025!

At the heart of VW’s headquarters, TBIC joined forces with our Tennessee partners, Greater Chattanooga Economic Partnership and the Tennessee Valley Authority, to connect with Tier 1, Tier 2, and Tier 3 automotive suppliers. As one of Europe’s premier automotive events, the Internationale Zuliefererbörse (IZB) provided invaluable opportunities to meet industry innovators and discuss potential expansions into the U.S. market.

A fantastic two days of building connections and reinforcing transatlantic partnerships in the automotive sector!

This edition of our quarterly features an analysis of the newly published data for Q3 2023 and revised data for the previous quarters, as recently released by the U.S. Bureau of Economic Analysis (BEA). With $67.8 billion worth of investment, third quarter FDI inflows decreased from inflows in Q2 2023, which were revised to a little higher amount of $78.5 billion. Of this $67.8 billion in Q3 2023 FDI inflows, approximately $26.0 billion were in the manufacturing sector, or roughly, 33.2%.

This issue also includes a time series focusing on Austrian foreign direct investment into the United States.

Download the full TBIC Quarterly here.

Our recent FDI trip to Switzerland and Italy was packed with valuable insights and meaningful connections. Starting in Switzerland, we met with pioneering companies leading the way in fields like industrial machining and cancer diagnostics. Swiss businesses, though often smaller in size, showcase world-class innovation, and our time there opened doors for some exciting future collaborations. In Italy, we kept up the momentum, diving into a week of productive meetings and attending BIMU, a leading tradeshow for robotics and metal fabrication. Italy’s business landscape offered fresh perspectives and new opportunities, and our conversations with local partners were both inspiring and impactful.

Thank you to everyone who joined us—it’s trips like these that fuel new ideas and help us move our mission forward. Looking forward to what’s next!

Our recent trip to Turkey marked a fantastic return to this dynamic market, where we spent three productive days exploring the nation’s advanced manufacturing landscape. We kicked off with a dinner alongside local partners, discussing promising developments in the chemical, textile, and automotive sectors. The atmosphere was electric, reflecting Turkey’s commitment to innovation and growth. The highlight of our trip included visits to industry-leading companies outside Istanbul and a vibrant FDI event with the local chamber of industry. It was inspiring to connect with over 50 companies from diverse sectors, sharing insights and plans that aim to enhance Turkey’s industrial landscape. Our journey included impactful discussions on the nation’s electric infrastructure, renewable energy, chemical production, and aviation industries. We saw firsthand how planned projects are poised to create strong, positive change in the region.

We’re already looking forward to future visits in 2025! Turkey remains an important hub for fostering new partnerships and advancing FDI opportunities.

This week, the TBIC Team attended FACHPACK, one of the leading European trade shows for the packaging industry.

Since 1979, every year stakeholders from all over the world come together in Nuremberg, Germany to do business, network and discuss the latest trends in the packaging industry – sustainability being one of the key topics this year.

The visit in Nuremberg was a great opportunity to expand TBIC‘s business network and discuss U.S. market entry strategies with enterprises from all over Europe.

What an incredible day at the Transatlantic Business & Investment Conference—our largest event to date! We brought together over 100 U.S. EDOs, FDI experts, site selection consultants, and European representatives, all focused on strengthening transatlantic business ties and exploring opportunities for U.S. expansion.

The day kicked off with insightful opening remarks and a keynote presentation that set the stage for engaging discussions on foreign direct investment and transatlantic relations.

A standout session highlighted the importance of FDI-ready infrastructure, focusing on both physical and human assets as key drivers for attracting international investment. Another highlight was the success story of a major FDI project in Alabama, which demonstrated the power of collaboration within the TBIC network to bring international companies to U.S. communities.

Our panel on attracting international companies provided valuable strategies for marketing regions globally and positioning them for success in the site selection process.

Thank you to all our speakers, sponsors, and attendees who helped make this year’s conference a success. We can’t wait to continue the conversation at TBIC 2025!

For decades, the Farnborough International Airshow (FIA) has been the global platform for the aerospace and defense industry.

With more than 1,200 exhibitors and 75,000 visitors from all over the world, the FIA is among the most important shows for EDOs to maintain existing, and to establish new relevant contacts among leading companies from all parts of the supply chain. Again, TBIC could set up meetings for participating members and was able to connect with new companies growing from their initial start-up phase, as well as with established household names of the aerospace and defense industries.

FIA alternates with the Paris Air Show and will return in Summer 2026.

The Battery Show Europe and The smarter E in southern Germany were a powerhouse of innovation and networking for TBIC this week. The Battery Show Europe, held in Stuttgart, stands as the premier event for the advanced battery and H/EV technology sector. Meanwhile, The smarter E in Munich encompasses four major trade shows: Intersolar Europe, ees Europe, Power2Drive Europe, and EM-Power Europe, focusing on solar energy, energy storage, e-mobility, and intelligent energy solutions.
TBIC engaged with companies from the solar energy, energy management, battery production, EV, and advanced manufacturing industries across Europe, with many expressing strong interest in the US market. These interactions underscored the exciting potential for transatlantic partnerships and technological innovations.

TBIC once again hosted a booth and scheduled company meetings for its members at this year’s SelectUSA Investment Summit in Washington, D.C.

This year’s Summit brought us in contact with more than 25 companies from several European countries and industries, especially e-mobility, food processing and advanced manufacturing industries. At our joint Transatlantic Happy Hour with Jesco Construction and Offit Kurman we brought together more than 80 guests and we were able to facilitate many valuable connections and grow the transatlantic network of our participants.

It was truly a pleasure to participate this year, and we will certainly be back next year to offer our exclusive FDI Recruitment Program once again!

In June, TBIC attended ILA Berlin, one of the premier events for the aerospace industry in Europe. For two days, our team engaged with a multitude of highly ambitious entrepreneurs, exploring their exciting plans for expansion into the U.S. market.

ILA Berlin, renowned as one of the longest-standing air shows in the world, continues to be a key platform for showcasing cutting-edge technology and fostering global collaborations. In 2024, the event brought together over 600 exhibitors and around 100,000 visitors from across the globe, underscoring its pivotal role in the aerospace sector.

Our recent FDI trip was a whirlwind of productive meetings and valuable connections. Kicking off at Hannover Messe in Hanover, Germany, we engaged with local businesses and joined international cooperation meetings in Barleben with IHK Magdeburg, paving the way for future partnerships. From exploring opportunities in Osnabrück to presenting to companies in industrial parts and steel construction materials, our journey across Germany was filled with promising encounters. Despite diverse weather conditions, our delegation remained focused, highlighting the advantages of investing in the US. Wrapping up with a workshop, we strategized our follow-up approach for the companies and institutions we met. It was a week of productivity, and we look forward to the next opportunity to strengthen transatlantic connections.

Once again, TBIC had a strong presence at the world’s largest industry trade show. Together with a geographically diverse group of co-exhibitors from the United States, we met with numerous companies from all over Europe planning to expand their U.S. business. As always, our participation at Hannover Messe provided great networking opportunities and insights into the latest industry trends and innovations.
We can’t wait to be back again in 2025!

JEC World stands as a globally renowned trade show, uniting stakeholders across the composite materials supply chain. These materials play a pivotal role in various sectors, including aerospace, naval technology, construction, and automotive industries, showcasing their versatility and wide-ranging applications. During the event, TBIC, alongside Corporate  and Advisory Council Members, engaged in fruitful meetings with companies from across Europe, delving into potential collaboration opportunities and fostering valuable connections.

This quarterly assesses macroeconomic and international trends, based on the figures for Q2 – and a revised Q1 – published by the U.S. Bureau of Economic Analysis (BEA). With $75.5 billion worth of investment, second quarter FDI inflows decreased from inflows in Q1 2023, which were revised lower by $4.9 billion – from $109.3 billion to $104.4 billion. Of this Q2 inward FDI flow billion in Q3 2023 FDI inflows, approximately $41.7 billion were in the manufacturing sector, or roughly, 55.2%.

This issue also includes a time series focusing on Italian foreign direct investment into the United States.

Download the full TBIC Quarterly here.

In November, TBIC travelled to Hanover, Germany, to fulfill our continuous mission of expanding our European business network and to maintain the ties to existing industry partners.
The Ag-tech sector in both Europe and the U.S. is thriving, driven by innovation and a commitment to sustainable farming practices. With a growing demand for efficient and future-oriented farming solutions, there’s a significant market opportunity for agtech companies in the United States.
As the epicenter of cutting-edge agricultural technology, AGRITECHNICA provided an outstanding opportunity to engage with key industry leaders eager to make their mark in the U.S. market and TBIC is already looking forward to attending the event again in 2025!

MEDICA is the world’s leading trade show for the medical industry, offering a comprehensive and insightful glimpse into the latest developments in healthcare and medical technology. Held annually in Düsseldorf, Germany, Medica is an unrivaled gathering of medical professionals, researchers, manufacturers, and innovators from across the globe.

With 30 meetings between two delegations, we wrapped up a very successful MEDICA for this year: Our meetings spanned the whole of Europe, having met with companies from over 10 countries and across multiple sectors including Medical Devices, Biotech, and Digital Health. We are thrilled not only to help bring new opportunities to the US, but also help bring innovative health solutions to some of the most pressing issues in healthcare.

In November, our mission to provide a gateway for European companies to thrive in the U.S. market led us to Bremen, Germany, where TBIC attended the SPACE TECH EXPO Europe for the very first time.
The European aerospace industry is soaring to new heights, contributing significantly to global innovation. Home to industry leaders, such as Airbus and OHB Group, Bremen is a powerhouse in the European space sector and a vital player in Europe’s space endeavors. And with over 550 exhibitors from more than 40 countries, SPACE TECH EXPO is one of Europe’s most important space events.
Our visit in Bremen certainly showed: The United States remains a key destination for companies seeking global expansion, and the space tech sector is no exception.

During our recent FDI trip to Switzerland and Italy, we organized company visits, multiplier meetings, and networking activities aimed at generating new leads from the region. Our journey also included a one-day visit to the Cibus Tec food and beverage technology trade fair in Parma, Italy.

Switzerland, as the 6th largest source of European FDI in the United States, offers great business opportunities, not only regarding major corporate players but also Swiss SMEs operating in global industries like chemicals, metals, and machine engineering. Meanwhile, Italy emerged as a key player in European FDI in the U.S., with Italian investments doubling over the past decade to reach $41.1 billion in 2021. Italian investment projects in the U.S. covered a range of sectors, creating around 100,000 jobs.

Our trip provided a valuable opportunity to engage with various manufacturing industries: besides food processing companies we met companies in sectors of packaging, recycling, coating, and photovoltaics. Besides that, the TBIC had its first ever company visit in Liechtenstein, a country with 40,000 people between Switzerland and Austria. We are already excited about the next year’s promising mission to Switzerland and Italy and its potential of securing FDI for our community.