U.S. Commerce Secretary Gary Locke today encouraged stronger U.S.-Brazil commercial relations during a visit to Embraer manufacturing facility outside Sao Paulo. Embraer is a Brazilian manufacturer of commercial, general aviation, and defense aircraft. Locke toured the facility and saw firsthand how the company incorporates significant U.S. aviation content into its supply chain. He also applauded the company for it integrated supply chain and encouraged further integration with American small-medium-sized enterprises.
"Embraer is a shining example of partnership between U.S. and Brazilian manufacturing that is a "win-win" and creates jobs in both countries," Locke said.
According to Embraer, the company has imported over $6 billion in goods from U.S. companies over the last five years. Embraer recently opened an assembly facility in Melbourne, Fla. and currently employs 660 people in the United States at 5 facilities.
Brazilian firms have made substantial investments in the U.S. worth billions of dollars during the past decade. Between 2003 and 2010, 47 projects were announced with a total capital investment of $2.5 billion dollars. Completed, these projects could create 4,806 new jobs, in a cross-section of industries ranging from information technology to steel making.
U.S. subsidiaries of Brazil-owned firms employed 42,200 people in the United States as of 2008.