Greater Sacramento to showcase clean tech and semiconductor leadership on a global stage

5/7/25

GSEC to meet with executives from 15 countries at Select USA Summit, positioning the region as America’s next hub for international investment

Sacramento, CA – The Greater Sacramento Economic Council (GSEC) will join the nation’s top investors and global economic leaders at the SelectUSA Investment Summit, May 11–14 in Washington, D.C. Hosted by the U.S. Department of Commerce, the summit is the United States’ premier platform for international companies exploring U.S. expansion. 

GSEC will meet with industry executives from 15 countries to promote Greater Sacramento’s emerging dominance in clean technology, zero-emission vehicles (ZEVs) and semiconductors — sectors that have drawn billions in global investment to the region over the past two years. 

“32% of the companies we’re engaging with are based overseas, and we’re already seeing major global corporations like Solidigm and Samsung invest in our community,” said GSEC President & CEO Barry Broome. “The SelectUSA Summit gives us a direct line to decision-makers shaping the industries of tomorrow — and we’re showing them that Greater Sacramento is where innovation lands in the U.S.” 

As California’s capital, Greater Sacramento shares deep economic and workforce ties with the Bay Area, offering international companies an ideal, cost-effective gateway to West Coast markets. The region is home to more than 700 foreign-owned companies, 70 consulates and 20 ethnic and trade organizations — supporting over 15,600 jobs tied to global business. 

Recent international investments include: 

• South Korea-based SK Hynix invested $9 billion to create Solidigm, which selected Rancho Cordova, California as its new global headquarters in early 2023. The decision, influenced by the region’s skilled talent pool and support for tech businesses, highlights the region’s status as a top location for semiconductor talent. 

• Samsung opened a 50-person semiconductor R&D office in Folsom in early 2024 and already plans to grow. 

GSEC also recently attended Hannover Messe 2025 in Germany, one of the world’s largest trade shows. There, the team met with 25 international clean tech and mobility companies. German firm SMA America, whose North American headquarters is in Rocklin, reaffirmed its commitment to the region. CellForce, exploring U.S. partnerships, highlighted its collaboration with Rancho Cordova-based LiCAP Technologies as a model for future innovation. 

About the Greater Sacramento Economic Council

The Greater Sacramento Economic Council is the catalyst for innovative growth strategies in the Capital Region of California. The organization spearheads community-led direction to retain, attract, grow and scale tradable sectors, develop advanced industries and create jobs and investment throughout a six-county region. Greater Sacramento represents a collaboration between local and state governments, market leaders, influencers and stakeholders, with the sole mission of driving inclusive economic growth. The Greater Sacramento region was founded on discovery, built on leadership and fueled by innovation.

For media inquiries, please contact:
Brianna Buda, Communications Manager
Greater Sacramento Economic Council
bbuda@greatersacramento.com