Ajinomoto Investment in the US

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Presentation transcript:

Ajinomoto Investment in the US Paul Taylor Portland, OR March 1, 2018

Aji-who? 28th largest food company in world Founded in Japan in 1909 Net sales (2016): 1.1 trillion yen (nearly $12.8 billion) 35,000 employees in 30 countries 120 plants in 22 countries Sell products into 130 countries Founded in Japan in 1909 Amino acids Umami MSG

Global Products Seasonings/Ingredients Consumer food products MSG Aspartame Consumer food products Soup (Knorr in Japan) Coffee (Blendy and Birdy) Frozen foods Amino acid products for health and nutrition Animal nutrition products Specialty chemicals

Ajinomoto in North America Opened first office in NYC in 1917 Now: 12 companies in US, Canada, Mexico 27 locations in 11 states/provinces $1.6 billion in net sales 4,000 employees

AJINOMOTO NORTH AMERICA DIVISION MAIN COMPANIES & LOCATIONS (March 2018) New Season Foods Portland, OR Emp: 100 Loc: 1 Kenney & Ross Nova Scotia, CAN Emp: 50 Loc: 1 Ajinomoto Toyo Portland, OR Emp: 50 Loc: 1 Ajinomoto North America Itasca, IL Emp: 425 Loc: 3 Ajinomoto Heartland Chicago, IL Emp: 180 Loc: 2 Cambrooke Ayer, MA Emp: 50 Loc: 4 Ajinomoto Fine-Techno San Jose, CA Emp: 2 Loc: 1 Ajinomoto Windsor Ontario, CA Emp: 2,500 Loc: 12 Ajinomoto Althea San Diego, CA Emp: 390 Loc: 1 Ajinomoto de Mexico Mexico City, MEX Emp: 20 Loc: 1

Ajinomoto in Oregon Acquisition of Granpac (Showa Sangyo) in 2000 500 employees in four facilities Ajinomoto Windsor in Portland Pot stickers, fried rice, Asian Ajinomoto Toyo Frozen Noodles in Portland Frozen noodles New Season Foods in Forest Grove Sweet corn powder Yamaki USA in Forest Grove Bonito flakes

Japanese Investment in Oregon Strategic initiative from state Governor Atiyeh (1979-1987) Repeal of unitary tax (1986) “From Oregon with Love” TV show (1984- 1996) Delta nonstop flights to NRT (1986) Intel  silicon wafer production Shinetsu Komatsu Mitsubishi Sumitomo Wacker (Germany) Expanded high tech investment Tokyo Electron Food Ajinomoto Yamasa Cars Toyota Honda Subaru Others

Why Oregon? History Proximity/access Educated workforce Government support Cultural acceptance

Benefits of Foreign Investment Jobs, jobs, jobs, and more jobs Overall economic development Economies of scale Innovation Expanded cultural connections