New Data shows total U.S. manufacturing investment reaching nearly $56 billion
WASHINGTON--(BUSINESS WIRE)--Today, the Japan Automobile Manufacturers Association U.S. office (JAMA USA) released its annual contributions update entitled, �Investing in the Future of the American Workforce.� Despite a challenging and unprecedented year, cumulative manufacturing investment increased to $55.8 billion, and employment remained steady at 94,960 direct jobs.
The release also features numerous examples of Japanese-brand automakers� dedication to the future American workforce, technological innovation, environmental leadership, and local community partnerships.
�Despite tough economic conditions last year, our members continued to invest in their U.S. manufacturing and innovation efforts,� said Manny Manriquez, General Director of JAMA USA. �Japanese-brand automakers are continuing to create high-quality jobs and support local communities throughout the country, while playing a critical role in keeping the U.S. auto industry globally competitive.�
Manriquez added, �The global automotive industry is in the midst of a technological evolution�Japanese-brand automakers are proud to play an active role through investments in innovative research and development, and implementing environmentally-friendly practices. They have been leaders in bringing eco-friendly vehicle technologies to the market for many years, and will continue to provide a wide variety of vehicle options to address climate change and to work collectively toward the challenging goal of electrification.�
The following 2020 data points are now available:
|JAMA U.S. Economic Contributions Data
|Cumulative U.S. Manufacturing Investment (USD)
|Vehicle Production in the U.S. (units)
|Engine Production in the U.S. (units)
|Exports from U.S. Plants (units)
|Number of U.S. Employees
|HQ, Sales & Others
|Total Direct U.S. Employment
About Japan Automobile Manufacturers Association, Inc. (JAMA): Established in 1967, JAMA is the nonprofit industry association of the 14 manufacturers of passenger cars, trucks, buses and motorcycles in Japan. JAMA is headquartered in Tokyo.
About JAMA�s Washington, D.C. office (JAMA USA): JAMA USA is the U.S. branch office of the Tokyo-based Japan Automobile Manufacturers Association. To learn more about JAMA USA, visit our website at jama.org or follow us on Twitter at @JapanAutosUSA.
Ashley Pratte Oates