Wednesday, August 8, 2012

Mobile offers lesson

Mobile, Ala.'s successful recruitment of Airbus along with past efforts to attract foreign investments offers a playbook on how to create U.S. jobs. The United States is still the premier destination for international firms, but its lead is slipping. A decade ago it attracted more than 40 percent of global foreign investment, but today it’s 18 percent, according to the Organization for International Investment. OFII president Nancy McLernon said in an interview with the Mobile Press-Register that the Airbus deal is an example of how the U.S. can regain its competitive edge. (Source: Mobile Press-Register, 08/08/12)