WATERFORD – Oakland County economic developers are hoping to give the county’s sizable international business presence a boost as they head this week to the 2018 SelectUSA Investment Summit in Washington D.C. and to Germany in search of new businesses.
Irene Spanos, the county’s director of economic development, leads a team that is attending SelectUSA, a three-day event that promotes foreign direct investment in the United States beginning Tuesday. While Spanos and her team are in Washington, business development representative Charlene Page will be in Germany at Global Connect Stuttgart 2018 and later in Frankfort, selling auto suppliers and others on the benefits of landing in Oakland County.
“Oakland County has made a name for itself globally as a preferred business destination,” County Executive L. Brooks Patterson said. “We’ve had direct foreign investment of more than $56 million from our relationship with SelectUSA and we’re working on 25 more leads. These are companies headquartered outside the United States and so far, this year, we’ve attracted nearly $47 million of foreign investment from eight countries, bringing more than 900 jobs. We truly have an international business community.”