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Ajinomoto Investment in the US

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

2 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

3 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

4 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

5 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

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7 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

8 Japanese Investment in Oregon
Strategic initiative from state Governor Atiyeh ( ) Repeal of unitary tax (1986) “From Oregon with Love” TV show ( ) 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

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

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


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