Idaho Delegation to Showcase Rural Opportunities for Foreign Direct Investment at SelectUSA Summit

Canada-based McCain Foods has announced it will invest more than $200 million into expanding its Burley, Idaho, potato processing plant, creating 180 new jobs.

We are going to be showcasing what Idaho has to offer on a global scale, and that could mean big business for our economy.” – Idaho Lt. Governor Brad Little

One of President Trump’s priorities is to bring jobs back to rural America, and Idaho is betting that foreign direct investment may be the answer. Idaho will bring 27 economic development leaders including Lt. Governor Brad Little and U.S. Senator Jim Risch to the 2017 SelectUSA Investment Summit in Washington, D.C., June 18-20 to meet with international companies. A second-year Diamond sponsor with one of the largest, most prominent booths, 2017 marks the fourth year that Idaho has attended SelectUSA.

“Any time that Idaho has the opportunity to engage with several high-profile international companies and investors who are interested in investing capital and creating better jobs in Idaho, we simply can’t pass that up. We are going to be showcasing what Idaho has to offer on a global scale, and that could mean big business for our economy,” said Lt. Governor Brad Little, who is speaking about rural economic development at the pre-summit academy on June 18. “We have an incredible team representing the State of Idaho, and I’m very optimistic that we will have another successful year following last year’s win in bringing Japan’s Sakae Casting to Idaho Falls.”

Idaho has already had significant success attracting international investment.

Last month, Toronto, Canada-based McCain Foods announced a $200 million expansion of its state-of-the-art, high capacity production facility in Burley, Idaho,…

Article Source…

Leave a Reply

Your email address will not be published. Required fields are marked *