Based in Washington, D.C., the Organization for International Investment (OFII) is a trade association representing the interests of US subsidiaries of overseas corporations. OFII advocates for non-discriminatory treatment in the United States for its member companies.
OFII traces its roots back to 1990 when a group of US subsidiaries of Foreign-Owned Corporations worked together to fight a tax in global profits. In 1994, the US Supreme Court ruled in favor of California against Barclays Bank, a foreign based multinational corporation by a vote of 7-2 (and by a vote of 9-0 against Colgate-Palmolive, a US-based multinational corporation) - sanctioning a state's right to tax the worldwide profits of a multinational corporation via unitary worldwide combined reporting and formulary apportionment. The original group included Nestle, Sony, Unilever and four other non-US-based corporations. Its current President and CEO is Nancy McLernon, formerly with Citizens for a Sound Economy (later renamed Freedom Works) and Citizens for a Sound Economy Foundation (later renamed Americans for Prosperity) established by David and Charles Koch, of Koch Industries.
As an aggressive advocate for fair, non-discriminatory treatment, OFII serves its member companies by monitoring and reporting new regulatory developments and by lobbying policymakers at the Federal and State level. With over 150 member companies, OFII's membership base has a constituent relationship with nearly every politician in the United States.
OFII began using the term "insourcing" in 2004 to describe jobs created through Foreign Direct Investment in the United States. Since then, the term appears regularly in government publications including a Congressional Research Services report published in 2005 (and updated in 2008) and in publications on promoting International Trade Administration of the United States Department of Commerce.
Inward Foreign Direct Investment in the United States
In 2006, US affiliates of majority-owned foreign companies employed over 5 million workers - 4.6% of US private sector industry employment . Between 2003 and 2007, over 3300 projects have yielded $184 billion in investment or about 447,000 new jobs. The activities of these companies comprise approximately 19 percent of all US exports ($169.2 billion). Approximately 60% of all inward FDI goes to the service sector while 39% goes to manufacturing and the remaining 1% is in agriculture. This investment constitutes 12% of overall private sector employment.
In addition to contributing to total employment, US affiliates of majority owned corporations remunerate their employees at a higher level than US firms. Wages for workers this sector averaged $66,042 compared to the median income of $50,124 in other industries.
Inward Foreign Direct Investment: Mergers and Acquisitions
In 2006, there was a total of $161.5 billion of new Inward Foreign Direct Investment in the United States. Of this total, 91.5 percent was invested through Merger and Acquisition transactions.
In a report for the Organization for International Investment, Professor Matt Slaughter of the Tuck School of Business at Dartmouth cites three channels through which Mergers and Acquisitions create better performing firms:
1) Revenues - Firms grow faster with new market opportunities often boosting employment and capital investment
2) Costs - Can be lowered because of operation at larger scale and realizing synergies from combining best practices across companies
3) Diversification - Gains can be realized, such as entering new markets and better managing ideas, internal capital markets, and risk.
When the rationale for completing a Merger and Acquisitions is to improve the bottom line of the above factors, Slaughter argues, significant advantages are possible. However, when firms expand to pursue goals other than profit maximization the benefits of these transactions may be lost.
Inward Foreign Direct Investment: Greenfield Projects
While constituting a smaller percentage of total inward foreign direct investment flows, new projects or "greenfield" investments contribute to economic growth. Since 2003, Greenfield investments have increased 42 percent 
Greenfield projects are expected to create approximately 175,000 jobs from investments begun in 2003. Major investments come from Toyota Motor Company, the Hanjin Group, Adidas, the Tata Motors, and Vodafone. Total investment totals $109.5 billion .
In 2005, these companies spent $32 billion on research and development and $121 billion on plants and equipment.