.jpg) TORRANCE, Calif. (KCBS) -- Governor Arnold Schwarzenegger joined U.S. Department of Commerce Secretary Carlos M. Gutierrez on a tour of Hitachi Automotive Manufacturing in Torrance Monday to highlight how foreign investment and global trade strengthen California's economy.
"California leads the entire nation in foreign direct investment and we are grateful for the jobs, opportunities and technology it brings to our state," stated Governor Schwarzenegger. "When we combine foreign investment with opening overseas markets and stripping away trade barriers for our exports, we ensure a stronger more vibrant economy in California and the nation."
It is estimated that more than half a million California workers are employed by foreign-owned companies and California's ports handle 40 percent of total U.S. container activity. In 2007, California exported nearly $135 billion worth of goods.
(clo) |
KCBS' Melissa Culross reports
