WASHINGTON May 20 President Barack Obama will
gather executives from several major international companies
including Ford Motor Co and Deutshe Lufthansa AG
on Tuesday to discuss a White House initiative to encourage
investment in the United States.
The White House says the program, SelectUSA, has assisted in
winning more than $18 billion in business investments in 17
states and territories.
Obama, Commerce Secretary Penny Pritzker and other economic
advisers will join the executives in a discussion about their
"These businesses have recognized the many advantages of
locating, growing and hiring in the United States," said Jeff
Zients, director of the White House National Economic Council,
in a conference call with reporters on Monday.
"We will discuss why they chose to invest and hire in the
U.S. and how we can get even more investment from companies like
Other companies involved include Swedish telecom supplier
Ericsson and Zurich NA, a subsidiary of Switzerland's
Zurich Insurance, according to the White House.
(Reporting by Jeff Mason; Editing by Bernard Orr)