Michigan has been ranked as the no. 1 state for fastest FDI jobs growth over the past five years, according to Global Business Association’s most recent national trends analysis

The trade association, which represents international companies that invest in the U.S., also ranked Michigan at no. 3 for the largest concentration of FDI manufacturing jobs. In addition, Michigan came in at no. 7 for most overall FDI jobs and tied for no. 3 largest concentration of FDI workforce.

Home to more than 1,400 foreign companies with more than 5,000 locations throughout the state, Michigan remains a premier gateway for businesses from around the world to expand. By matching established and diverse industries with foreign companies that have similar goals, Michigan has recorded $11.3 billion in foreign direct investment since 2015 within several key industries, including automotive component and automotive OEMs.

Read the full press release from the Michigan Economic Development Corporation here.