Bannock Development Corporation’s President & CEO, John Regetz attended the SelectUSA Annual Investment Summit June 10, through 12, in Washington, DC. He participated in conjunction with REDI and Idaho Commerce to meet with foreign companies regarding their planned expansions and promote the business resources in Bannock County and Eastern Idaho.
The SelectUSA Investment Summit is the highest-profile event dedicated to promoting foreign direct investment (FDI) in the United States. This signature event provides an unparalleled opportunity to bring together companies from all over the world, economic development organizations from every corner of the nation, and other parties working to facilitate business investment in the United States. Featuring senior government officials, C-Suite business executives, and other thought leaders, each summit focuses on a timely theme related to the U.S. investment environment, industry trends, and new opportunities.
More than 3,100 attended the Summit, including 1,200 global business, representatives from a record 79 international markets and over 700 economic development professionals and service providers from 49 states and territories. “The conference center was overflowing with economic development agents and companies wanting to come to the US at SelectUSA, said Regetz. Bannock Development is pursuing several high-tech and advanced manufacturing companies to locate in Bannock County, Eastern Idaho or the state in general”.
Four Cabinet secretaries addressed the Investment Summit: Secretary of Commerce Wilbur Ross, Secretary of Housing and Urban Development Ben Carson, Secretary of the Treasury Steven Mnuchin, and Secretary of Energy Rick Perry. Ivanka Trump and Secretary Wilbur Ross announced that more than 65 global companies had committed to creating over 930,000 apprenticeship and training opportunities for U.S. workers as part of the White House’s Pledge to American Workers. Taiwan-based dairy product manufacturer Jetton Biochemistry Co., Ltd. chose Nampa, Idaho as the location of its next plant, a $2 million project that will create 25 jobs.
US Commerce Secretary Wilbur Ross and Idaho Commerce Director Tom Kealy announce Jetton Biochemistry Co., Ltd. Location.