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In 2010, the global economic downturn continued to impact Japan and the United States. The 2010 survey of Japanese direct investment in ten Midwest States*, conducted by the Consulate General of Japan at Chicago, is based upon data as of October 1, 2010. The results are as follows:
*The 10-state area includes Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, North
Dakota, South Dakota, and Wisconsin. Japanese-owned retail locations are excluded.
Business Facilities and Employment
| Year |
Facilities |
Employment |
Total |
Local |
Japanese |
Total Local |
Manufacturing |
2008 |
1,217 |
103,370 |
100,900 |
56,670 |
2,460 |
2009 |
1,164 |
93,680 |
91,390 |
49,640 |
2,290 |
2010 |
1,140 |
96,890 |
94,740 |
50,690 |
2,150 |
09/08% |
-4.4 |
-9.4 |
-9.4 |
-12.4 |
-7.1 |
10/09% |
-2.1 |
3.4 |
3.7 |
2.1 |
-5.9 |
Note: Japanese business facilities include those which are ultimately 10% or more owned by a Japanese company or national.
Key results for the 10-state area are as follows:
1) Business Facility Number
In 2010, 1,140 Japanese business facilities were located in the 10-state area. The 2.1% decrease was smaller than in the previous year. Illinois ranked first with 52% of the business facilities, followed by Indiana with 19%.
2) Total Employment
In 2010, total employment grew by 3.4% to 96,890 positions due to the strengthening U.S. economy. It was the first increase since 2008. Indiana ranked first with 42% of the total employment, followed by Illinois with 36%.
3) Actual Manufacturing Employment
The 330 actual manufacturers accounted for 29% of the total business facilities. They provided 50,690 high skilled, high paying jobs, or more than one-half of the total employment.
4) Share By Sector
Manufacturing continued to be the leading sector with 69% of the business facilities and 92% of the total employment. In manufacturing, the motor vehicles and parts sector accounted for 15% of the business facilities and 45% of the total employment.
Business Facility Number By Sector Share
Total Employment By Sector Share
5) Japanese Companies Embrace the Midwest’s Strengths
From a long-term perspective, the Midwest remains particularly attractive to Japanese direct investment due to its central location, top quality workforce, strong transportation network, and favorable business environment. In return, Japanese business facilities provide jobs in both urban and rural areas, source components from U.S. companies, facilitate technology transfer, and furnish new revenue sources that help boost state and local economies.
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