Irish Dairy Board acquired Thiel
Cheese & Ingredients, many questioned that decision and wondered how it benefits Wisconsin. This means better
access to markets and opened doors to market investments. This also created jobs
and expanded supply chains. In 2010 Wisconsin foreign direct investments went from $16 billion to $19.8
billion in exports.
Build. Produce. Grow.
This is a big move for Wisconsin
because this will show Wisconsin’s strength and hopefully attract other
investments. Don’t assume foreign direct investments are only about money,
mainly it is all about opportunities with getting Wisconsin’s name out there,
improving supply chains and little things within the supply chain like distribution
centers. Funding must come from somewhere
to improve those little things, so gaining investments from all over the world
will not only help Wisconsin’s economy but help expand Wisconsin’s exports
internationally.
http://www.businessnorth.com/businessnorth_columnists/foreign-investment-helped-wisconsin-s-economy/article_366aa130-9985-5890-a7f8-4626866195c5.html
It is interesting to know that higher foreign investement can be a good thing for wisconsin. It really ties in with what we have been talking about in class. Great post, way to go by tying the subject to our class.
ReplyDeleteThis is great for Wisconsin, only downside is the loss of corporate headquarters to foreign countries. However, this doesn't necessarily decrease the amount of jobs in Wisconsin
ReplyDeleteIt's all a bit of a delicate balance. You can see how important strategic economic development for a state can be!
ReplyDelete