Discover the impact of the Swiss manufacturing Sector in the US!

In 2019, Swiss companies supported up to 197,300 manufacturing jobs in the United States accounting for seven percent of the 2.8 million U.S. manufacturing jobs supported by investments from all foreign firms. Switzerland ranks sixth amongst the largest manufacturing foreign employers.

Swiss firms strengthen the American economy and represent a substantial economic presence in the United States. Large Swiss firms, with well-known names such as ABB, Credit Suisse, Nestlé and Novartis, along with many smaller companies, contribute substantially to the economic well-being of the United States, supporting hundreds of thousands of American jobs. Switzerland is also a major destination for exports of goods and services, which generate billions of dollars in sales every year. 

As of the end of 2020, Switzerland had invested $310 billion cumulatively in the United States and ranked as the United States’ seventh-largest foreign direct investor. Swiss investments rivals that of the other large foreign investors with much larger economies and populations, including France and Ireland. In fact, the United States is the largest recipient of Swiss outward investment. 

Swiss companies are active investors in the manufacturing, wholesale, retail, and service sector of the American economy.  

In 2019 Swiss affiliates supported 471,000 American jobs nationwide at an average salary of just over $100,000. Swiss firms accounted for more than 197,300 American manufacturing jobs, composing seven percent of all foreign affiliated manufacturing jobs in 2019.