Sunnen Products Company Director of Sales -- Americas, Thomas Dustman will serve on the 25-member council to provide advice and guidance on a myriad of business investment and economic development issues.
St. Louis, MO – August 2019 – Sunnen Products Company’s Thomas Dustman has been named to the Investment Advisory Council (IAC) by U.S. Secretary of Commerce Wilbur Ross. Dustman, Director of Sales – Americas, for Sunnen, will advise the Secretary on issues affecting business investment and economic development as part of the 25-member council.
According to Secretary Ross, “The Investment Advisory Council will help us further develop, adapt, and expand policies to help U.S. and international firms recognize there is no better place to do business, grow, succeed, and create jobs.”
The Investment Advisory Council was first chartered in 2016, and has made recommendations to the Department of Commerce on issues including infrastructure investment priorities, improving U.S. workforce development initiatives, and creating and improving digital tools to support economic development. The council includes representatives of state and regional economic development teams, global businesses and research institutions.
“It is a great honor to be named to the IAC and to be given the opportunity to continue the excellent and important work of this council,” said Dustman. “We’re in exciting times related to international business opportunities, and I’m proud to be working with this outstanding group of talented businesspeople on behalf of the United States.”
Long the industry leader in honing technology, Sunnen has grown to be the world’s largest integrated manufacturer of precision bore creation and finishing equipment for applications across a range of industries. Sunnen employs 650 people worldwide, with offices, manufacturing and tech support facilities in Europe, China, India and Brazil. In addition, the company’s large international distributor network provides full global support for its multinational customer base.
Based on the latest data, the United States is home to more foreign direct investment (FDI) than any other country in the world, with a total stock of FDI valued at more than $4 trillion. FDI supports nearly 14 million American jobs, and was responsible for $370 billion in U.S. goods exports in 2016.
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