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FOREIGN DIRECT INVESTMENT IN THE UNITED STATES 1993 Transactions / \ft T / £ c ^ r Es of *• L -■ S i i ’ \i- ! I 1 ■ •' ! ii w \ ! !-s ! ( ) ! ( ( ' , 1. 11 ’ )M M I \ < ! j ! 1 1 i ,■k ■! \ <( i ! ■I • » f THE FEDERAL RESERVE RANK of ST. LOUIS Research Library FOREIGN DIRECT INVESTMENT IN THE UNITED STATES 1993 Transactions ]J.S. DEPARTMENT OF COMMERCE International Trade Administration Office of Trade <bid Economic Analysis MAY 1994 FOREWORD This report covering 1993 is one of an annual series of publications on foreign direct investment transactions in the United States. The reports have been prepared by the Office of Trade and Economic Analysis and its predecessor units, the Office of Trade and Investment Analysis, the Office of International Investment, and the Office of Foreign Investment in the United States. Listings of individual foreign direct investment transactions in the United States are especially useful to government and private sector analysts needing information on the investment activities of prominent foreign firms and individuals in the United States. This publication incorporates information from a wide variety of public sources; efforts were made to verify the timing and terms of all completed transactions. The transactions listings are arranged by the primary Standard Industrial Classification (SIC) of the U.S. company owned/controlled by foreign investors (Appendix A), by the source country of the foreign investors (Appendix B), and by the U.S. state location of the foreign investment (Appendix C). This report was prepared by the Investment Analysis Division under the supervision of Richard A. Eberhart, Director. The economists who contributed to the report were Michael Goodwin, Bessie Gray, and William Lohr. Mattie Day assisted with the preparation of the text and the tables. TABLE OF CONTENTS Page Introduction........................................................................................................ Overview of Foreign Direct Investment in the United States, 1993............................................................................. Investment by Source Country......................................................................... The Megadeals................................................................................................. Investment by Industry (SIC)........................................................................... Mode of Investment Transactions................................................................... Location of Investment by State...................................................................... Major Sectoral Developments.......................................................................... 1 3 5 11 15 31 35 39 APPENDIX A: Listing of Investment Transactions by Standard Industrial Classification (SIC) with SIC Reference Table...................................................................................... APPENDIX B: Listing of Investment Transactions by Source Country with Source Country Abbreviations..................................... 67 APPENDIX C: Listing of Investment Transactions by State Location with State Abbreviations...................................................... APPENDIX D: Description of Key Terms................................................... 81 95 LIST OF SUMMARY TABLES Table I Source Country - Completed Cases - 1993.................................... Table II Number of Identified Completed Transactions, by Principal Source Country, 1985-1993.................................... Table III The Megadeals................................................................................ 51 6 9 13 LIST OF SUMMARY TABLES (Cont’d.) Page Table IV Direct Investment Distribution by Industry Subsector of U.S. Affiliate - Completed Transactions, 1993 ................................................... Table V Direct Investment Distribution by Industry Group of U.S. Affiliate and Country of Foreign Parent Completed Transactions, 1993 ................................ Table VI Mode of Investment by Source Country Completed Transactions, 1993 ................................ Table VII State Location of Foreign Investments, 1993 ......... 16 20 32 36 LIST OF FIGURES Figure 1 Total Number of Foreign Direct Investments, 1981-1993 .................................................................. Figure 2 Number of Investments by Source Country, 1993 ... Figure 3 Number of Investments by Industry, 1993 ................ Figure 4 Number of Investments by State, 1993 ..................... 3 5 15 35 INTRODUCTION The purpose of this report is to identify specific foreign direct investment (FDI) transactions in the United States during 1993, to analyze recent trends in such investment, and to provide data and related information on significant transactions. The report incorporates information obtained in fulfilling responsibilities assigned to the Secretary of Commerce by Executive Order No. 11858, dated May 7, 1975. Specifically, the Secretary of Commerce is responsible for "the obtainment, consolidation, and analysis of information on foreign direct investment in the United States." Foreign direct investment, as used in this report, means the direct or indirect ownership of 10 percent or more of the voting securities of an incorporated business enterprise, or an equivalent interest in an unincorporated business enterprise, or a 10 percent or more interest in real property transactions. Transaction values, as used in this report, refer to the reported total cost of the investment regardless of the source or timing of funds. In the case of a joint venture, the estimated foreign ownership proportion of the investment is cited. These values are intended to identify the relative size of various investments and, in the aggregate, to indicate trends in investment activity. The data and other information contained in this report represent a compilation and distillation of material from generally available public sources, transaction participants, and miscellaneous contacts. A major portion of the data and information was derived from secondary public sources such as newspapers, magazines, and business and trade journals, as well as from the public files of Federal regulatory agencies. In all instances, the monetary values of investments in this report include only those identified in these sources and should not be considered a compilation of the entire universe of FDI transactions. The primary Federal agency sources for publicly available data are the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), and the Federal Reserve Board (FRB). Much of the data obtained from Federal regulatory agencies originated from report series that differ widely in frequency and content. These reports are, in most cases, filed in response to the various agencies’ general regulatory responsibilities, rather than for the specific purpose of providing data on foreign investment. Certain other investment transactions and related data collected by the Federal Government on a business confidential basis to facilitate Federal regulatory responsibilities or to provide aggregate data for macroeconomic analysis purposes are not available for this report. It should be noted that the aggregate data in this report are not strictly comparable to the other major statistical series on foreign direct investment in the United States, published by the Commerce Department’s Bureau of Economic Analysis (BEA). The BEA aggregate dollar value data on new investments, published annually since 1979, are based on individual firm responses to mandatory reporting requirements (including strict confidentiality provisions protecting the identity of individual reporting firms). The BEA data are thus likely to provide more comprehensive coverage for the types of transactions included in BEA’s reporting requirements. The information contained in this report not only identifies individual transactions, but includes a broader range of investment transactions than the BEA data-particularly with regard to plant expansions, equity increases, and certain types of real estate investments. Although the two data series are not directly comparable, there has been significant correlation in the movement of the overall series in most years. While every effort was made to verify the information obtained from public sources, the U.S. Department of Commerce is not responsible for any inaccuracies or gaps in information presented in this report. Transaction values for many investments are not publicly available. Nevertheless, experience has shown that value and other data for the large majority of major investments are identified in the monitoring process. OVERVIEW OF FOREIGN INVESTMENT IN THE UNITED STATES--1993 The Office of Trade and Economic Analysis (OTEA) identified from public sources 491 foreign direct investment transactions that were completed during 1993. Values were reported for 214 of these individual transactions, amounting to $28.7 billion. Appendices A, B, and C contain listings of all the identified transactions by U.S. industry, source country, and state location. The total number of transactions decreased by 4 percent from the 512 reported for 1992 (Figure 1). In value terms, the 1993 total reflected an increase of 93 percent from the total value of $14.9 billion that was identified in 1992. Figure 1 TOTAL NUMBER OF FOREIGN DIRECT INVESTMENTS Japan was the source country for the largest number of transactions, as it has been for the past nine years. A total of 153 transactions originated in Japan, with 73 reported values totaling $3.2 billion. The United Kingdom was second with 69 transactions and 37 reported values totaling $9.4 billion. Canada accounted for 42 transactions with 19 reported values of $3.4 billion. Major industrialized countries were again the source of most direct investment activity in the United States in 1993 as seven nations - Japan, the United Kingdom, Germany, Canada, France, the Netherlands, and Switzerland accounted for 71 percent of the total number of transactions, representing 81 percent of the total identified value. There were investments from 41 source countries in 1993, as compared with 42 source countries in 1992. There were significantly more large transactions in 1993 than in previous years, and they again accounted for a substantial part of the total value. In 1993, the 10 largest transactions had a combined value of $13.3 billion, 46 percent of the total value. There were 56 transactions of $100 million or more in 1993 as compared with 29 such transactions in 1992. The manufacturing sector, as in past years, continued to be the dominant recipient of foreign direct investment transactions and aggregate values. In 1993, the manufacturing sector accounted for 205 transactions with 107 identified values totaling $15.8 billion. In terms of identified value, the mining sector was the second most attractive area to foreign investors; there were 24 transactions with 16 identified values that totaled $4.3 billion. The services sector recorded 47 transactions, with 27 reported values totaling $2.1 billion. In 1993, acquisitions/mergers, real estate transactions, and joint ventures were the leading forms of investment activity in terms of the number of transactions. Of a total of 491 transactions, acquisitions/mergers accounted for 161 of the transactions identified, real estate transactions for 49, and joint ventures for 48. Foreign direct investments were identified in 42 states, the District of Columbia, and Puerto Rico during 1993. California and New York, as in the previous nine years, remained the two most popular states for investment with 77 and 70 transactions, respectively. Florida was third with 40 transactions. By transaction values identified, the state of New York was the leading recipient with $7.0 billion, followed by Texas with $4.1 billion, California with $2.8 billion, and Massachusetts with $2.0 billion. INVESTMENT BY SOURCE COUNTRY The major industrialized countries have traditionally been the source of most direct investment activity in the United States. This trend continued in 1993 as seven nations - Japan, the United Kingdom, Germany, Canada, France, the Netherlands, and Switzerland - accounted for 347 transactions or 71 percent of the total transactions, a slight decline from the 76 percent share these countries had in 1992. The identified aggregate value of the transactions by the seven countries - $23.1 billion - represented 81 percent of the total identified value, as compared with 79 percent in 1992. The aggregate value was 97 percent greater than the reported value of $11.7 billion in 1992, which had been a 36 percent drop from the 1991 reported value of $18.2 billion. For the ninth consecutive year, Japan was the source country for the largest number of transactions. More than 31 percent, or 153 transactions, originated from Japan in 1993, with 73 identified values totaling $3.2 billion. The United Kingdom was second with 69 transactions and 37 identified values totaling $9.4 billion. Canada was third in number of transactions with 42 and 19 identified values of $3.4 billion. (Figure 2 shows the number of investments by the top seven source countries.) Table I shows the number of completed transactions with identified values by country for 1993, while Table II shows the continuing dominance of the principal source countries (also the United States’ largest trading partners) as sources of foreign direct investment in the United States. Figure 2 NUMBER OF INVESTMENTS BY SOURCE COUNTRY 1993 Total 491 = 100% SOURCE COUNTRIES - COMPLETED CASES - 1993 GROUP=PRINCIPAL SOURCE COUNTRIES NUMBER OF CASES COUNTRY CANADA FRANCE GERMANY JAPAN NETHERLANDS SWITZERLAND UNITED KINGDOM GROUP NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 42 23 32 153 16 12 69 19 10 12 73 7 2 37 3698.8 2484.3 2133.3 3177.6 1847.7 375.0 9419.1 347 160 23135.8 PDfM ID-ftTUCD ClIDHDC ......... uKUUr-UIHfcK NUMBER OF CASES COUNTRY AUSTRIA BELGIUM DENMARK FINLAND GREECE IRELAND ITALY NORWAY SPAIN SWEDEN GROUP 0 0 0 1 1 1 3 1 2 1 10.0 49.0 0.6 35.9 8.0 149.1 163.0 48 10 415.6 NUMBER OF CASES NIGERIA SAUDI ARABIA VENEZUELA GROUP VALUE ($ MILLION) 1 2 3 3 1 2 25 3 5 3 ui\uur-urct COUNTRY NUMBER CASES/ VALUE KNOWN luunimcs . . ------- NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 1 7 3 1 6 1 32.0 887.7 320.0 11 8 1239.7 I cr> I SOURCE COUNTRIES - COMPLETED CASES - 1993 GROUP=OTHER MIDDLE EAST NUMBER OF CASES COUNTRY ISRAEL GROUP NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 3 1 70.0 3 1 70.0 GROUP=OTHER ASIA AND PACIFIC NUMBER OF CASES COUNTRY AUSTRALIA BRUNEI CHINA CHINA(TAIWAN) HONG KONG INDIA KOREA, REPUBLIC OF MALAYSIA NEU ZEALAND SINGAPORE THAILAND GROUP NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 31 1 4 7 4 1 4 5 3 2 2 4 1 2 3 3 0 1 5 1 1 1 550.0 203.0 27.4 959.3 100.0 64 22 2104.1 150.0 52.6 40.2 11.6 10.0 GROUP=OTHER WESTERN HEMISPHERE NUMBER NUMBER CASES/ VALUE OF CASESVALUE KNOWN ($ MILLION) COUNTRY ARGENTINA BERMUDA BRAZIL MEXICO PARAGUAY 1 1 1 6 1 GROUP 10 0 1 1 5 1 110.0 18.0 1532.1 10.0 8 1670.1 I I SOURCE COUNTRIES - COMPLETED CASES - 1993 GROUP=ALL OTHER COUNTRIES NUMBER OF CASES COUNTRY 1 2 1 1 ROMANIA RUSSIA SOUTH AFRICA TURKEY UNIDENTIFIED 3 NUMBER CASES/ VALUE KNOWN 011 0 3 GROUP VALUE (S MILLION) 1-0 21 lo 34J 56.1 TOTAL 491 214 28,691.4 00I1 NUMBER OF IDENTIFIED COMPLETED TRANSACTIONS BY PRINCIPAL SOURCE COUNTRY 1985-1993 1985 Source Country 1986 TOTAL Canada France Germany Japan Netherlands Switzerland U.K. All Others 912 101 61 69 216 44 36 176 209 100.0 11.1 6.7 7.6 23.7 4.8 3.9 19.3 22.9 1051 114 45 60 351 42 39 176 222 TOTAL Canada France Germany Japan Netherlands Switzerland U.K. All Others 1990 # % 1018 100.0 46 4.5 69 6.8 63 6.2 460 45.2 19 1.9 27 2.6 117 11.5 217 21.3 # 725 50 32 50 333 24 22 71 143 100.0 10.8 4.3 5.7 33.4 4.0 3.7 16.7 21.4 1991 % 100.0 6.9 4.4 6.9 45.9 3.3 3.0 9.8 19.7 1988 1987 1328 122 69 77 490 39 37 248 247 1992 # 512 32 23 58 195 8 20 52 124 100.0 9.2 5.2 5.8 36.9 2.9 2.8 18.7 18.5 1084 86 66 73 419 31 18 213 178 1989 100.0 7.9 6.0 6.7 38.6 2.8 1.6 19.6 16.4 1103 88 49 61 474 30 31 163 207 1993 % 100.0 6.3 4.5 11.3 38.1 1.6 3.9 10.2 24.2 # 491 42 23 32 153 16 12 69 144 % 100.0 8.6 4.7 6.5 31.2 3.3 2.5 14.1 28.1 The designation as principal source country for these seven countries is indicative of their cumulative direct investment position in the United States. 100.0 8.0 4.4 5.5 43.0 2.7 2.8 14.8 18.8 THE MEGADEALS In 1993, for the first time since 1989, the Office of Trade and Economic Analysis identified an increase in the number of megadeals. Megadeals are defined as foreign direct investment transactions with a value of $100 million or more. In 1993, there were 56 megadeal transactions with a total value of $24.7 billion (Table III) compared with 29 megadeals with a total value of $10.7 billion identified in 1992 and 48 megadeals with a total value of $16.4 billion identified in 1991. There were eight transactions in 1993 that had individual values of more than $1 billion, compared with two such transactions in 1992. In the largest transaction of 1993, Hanson PLC of the United Kingdom acquired Quantum Chemical Corporation for $3.2 billion. The remaining top 10 transactions were four acquisitions/mergers, two plant expansions, one equity increase, one new plant, and one in the other category: the acquisition of Time Warner Inc. by Seagram Ltd., which is beneficially owned by the Bronfman family of Canada, for $1.5 billion; the development of the Mars Project by the Royal Dutch Shell Group of the Netherlands and British Petroleum PLC for $1.2 billion; the acquisition of Packard Bell Electronics Inc. by Cie. des Machines Bull, a French Government-controlled entity for $1.2 billion; the acquisition of GTE’s Sylvania Lighting Business by Siemens AG of Germany and others for $1.2 billion; and the acquisition of Nerco Inc. by RTZ Corporation PLC of the United Kingdom for $1.2 billion. There was also the equity increase of $1 billion in AFG Industries by Asahi Glass Company Ltd. of Japan; the $1 billion joint venture oil refinery expansion by the Mexican Government-owned Petroleos Mexicanos (Pemex) and Shell Oil Co., a subsidiary of the Royal Dutch Shell Group of the Netherlands; the $947 million plant expansion of Formosa Plastics Corporation by the Formosa Plastics Group of Taiwan, owned by the YueChe Wang family; and an investment of $880 million in a new plant for Kennecott Utah Copper Corporation by RTZ Corporation PLC of the United Kingdom. In 1993, there were megadeal transactions by investors from 17 different countries. U.K. investors concluded 18 megadeals; Canadian investors had seven; Japanese investors had six; French investors had four; while German, Mexican, Dutch, and Saudi Arabian investors had three each. Investors from nine other countries concluded one megadeal each. Acquisitions/mergers again accounted for the predominant number of megadeals, 34 transactions, accounting for 61 percent of the megadeal transactions. In addition, there were nine equity increases, three plant expansions, two transactions each in joint ventures, new plants, and real estate, and four transactions in the other category. In 1993, megadeal transactions occurred in 26 separate states. There were nine megadeal transactions in the state of New York, seven each in California and Texas, followed by Connecticut, Massachusetts, and Ohio with three each. Arizona, Louisiana, Missouri, and Virginia each recorded two. Sixteen states recorded one megadeal each. 1993 FOREIGN DIRECT INVESTMENTS, COMPLETED, MEGADEALS VALUE ($ MILLION) 3200.0 1500.0 1200.0 1200.0 1200.0 1162.0 1010.0 1000.0 947.0 880.0 685.0 675.0 634.0 546.0 434.0 402.5 400.0 350.0 340.0 334.0 320.0 307.5 301.0 300.0 300.0 300.0 300.0 240.0 233.0 231.8 215.0 205.0 204.3 203.0 200.0 175.0 163.0 150.0 150.0 150.0 150.0 144.3 141.6 135.0 125.1 125.0 125.0 120.5 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE 2869 7812 1311 3571 3645 1041 3211 2911 2812 1021 6036 1389 6722 2834 2851 5411 QUANTUM CHEMICAL CORP TIME WARNER INC MARS PROJECT PACKARD BELL ELECTRONICS INC GTE'S SYLVANIA LIGHTING BUSINESS NERCO INC AFG INDUSTRIES INC PEMEX-SHELL VENTURE FORMOSA PLASTICS CORP KENNECOTT UTAH COPPER CORP NEW ENGLAND SAVINGS BANK DOWELL SCHLUMBERGER INC QUANTUM REALTY FUND COPLEY PHARMACEUTICAL INC SPECIALTY COATINGS INTERNATIONAL INC CIRCLE K CORP CENTERMARK PROPERTIES CAMELOT MUSIC INC MARLEY CO A & W BRANDS INC LYONDELL PETROCHEMICAL CO JV CALGON WATER MANAGEMENT MOTOWN RECORD CO ORGANO SILICON BUSINESS DOFASCO INC/CO-STEEL INC MILL USAIR GROUP INC ZURICH REINSURANCE CENTRE HOLDINGS INC IRIDIUM INC KAYSER-ROTH CORP DR PEPPER/SEVEN-UP COS KRAFT FOODS' ICE CREAM BUSINESS LOUISIANA PIGMENT CO REXNORD INC HELMSLEY PALACE PANAMSAT LP VAN DORN CO'S PLASTIC MACHINERY CO HOME HOLDINGS SANTA FE PACIFIC CORP'S COAL ASSETS MAXTOR CORP PORT HURON-SARNIA PROJECT TRANSCO ENERGY VENTURES CO NEWORLD BANCOR" TELEFONICA LAR3A DIST DE PUERTO RICA OI-NEG TV PRODUCTS INC CONTINENTAL AIRLINES INC HUMAN GENOME SCIENCES INC ULTRAMAR INC CORDERO MINING CO NEW YORK NEW YORK GULF OF MEXICO CHATSWORTH DANVERS PORTLAND FORT WORTH DEER PARK POINT COMFORT SALT LAKE CITY NEW LONDON TULSA NEW YORK CANTON RICHMOND PHOENIX ST LOUIS NORTH CANTON KANSAS CITY WHITE PLAINS HOUSTON PITTSBURGH LOS ANGELES DANBURY GALLATIN COUNTY ARLINGTON NEW YORK WASHINGTON GREENSBORO DALLAS NORTHFIELD LAKE CHARLES MILWAUKEE NEW YORK GREENWICH STRONGSVILLE NEW YORK NY NY LA CA MA OR TX TX TX UT CT OK NY MA VA AZ MO OH KS NY TX PA CA CT KY VA NY DC NC TX IL LA WI NY CT OH NY AZ CA MI TX MA PR OH TX MD CA WY HANSON PLC BRONFMAN FAMILY ROYAL DUTCH SHELL GROUP FRANCE, GOVERNMENT OF SIEMENS AG ET AL RTZ CORP PLC ASAHI GLASS CO LTD MEXICO, GOVERNMENT OF ET AL WANG, YUE-CHE & FAMILY RTZ CORP PLC ROYAL BANK OF SCOTLAND SCHLUMBERGER FAMILY REICHMANN, PAUL HOECHST AG BOWATER PLC AL SAUD, ALWALEED ET AL WESTFIELD HOLDINGS LTD AL SAUD, ALWALEED ET AL CANADIAN PACIFIC LTD CADBURY SCHWEPPES PLC VENEZUELA, GOVERNMENT OF ENGLISH CHINA CLAYS PLC PHILIPS ELECTRONICS NV GROUPE AXA SA DOFASCO INC/CO-STEEL INC BRITISH AIRWAYS PLC ZURICH INSURANCE CO NIPPON IRIDIUM CORP ET AL BALLESTEROS FAMILY CADBURY SCHWEPPES PLC UNILEVER PLC IMPERIAL CHEMICAL INDUSTRIES PLC BTR PLC BRUNEI, ROYAL FAMILY OF AZCARRAGA, EMILIO MANNESMANN AG TRYGG-HANSA SPP HOLDING AB HANSON PLC HYUNDAI ELECTRONICS IND CO CANADA, GOVERNMENT OF NATIONAL POWER PLC ROYAL BANK OF SCOTLAND GROUP PLC SPAIN, GOVERNMENT OF NIPPON ELECTRIC GLASS CO LTD AIR CANADA SMITHKLINE BEECHAM PLC ULTRAMAR PLC RTZ CORP PLC UK CA NL FR GE UK JA MX TW UK UK FR CA GE UK SA AS SA CA UK VE UK NL FR CA UK SZ JA MX UK NL UK UK BX MX GE SW UK KS CA UK UK SP JA CA UK UK UK AM AM OT AM AM AM El PE PE NP AM El AM AM AM AM RE AM AM AM AM AM AM AM NP El OT JV AM El AM JV AM AM AM AM El AM AM OT AM AM AM El El AM PE AM 5735 3585 2086 2911 2819 3652 2819 3312 4512 6331 4899 2252 2086 2022 2816 3569 7011 4899 3559 6719 1222 3572 4011 4939 6712 4813 3211 4512 2835 2911 1221 SAN JOSE PORT HURON HOUSTON BOSTON SAN JUAN COLUMBUS HOUSTON GAITHERSBURG WILMINGTON PDR RIV BASIN 1993 FOREIGN DIRECT INVESTMENTS, COMPLETED, MEGADEALS 120.0 113.0 110.0 102.5 100.0 100.0 100.0 100.0 7812 8731 8731 3429 2911 5311 5331 **** CAROLCO PICTURES INC APPLIED IMMUNE SCIENCES INC CELLPRO INC SPX CORP’S TRUTH DIVISION CLARK OIL & REFINING CORP SAKS FIFTH AVE TAKASHIMAYA NEW YORK CITYWALK LOS ANGELES SANTA CLARA SEATTLE OWATONNA ST LOUIS NEW YORK NEW YORK LOS ANGELES CA CA WA MN MO NY NY CA PIONEER ELECTRONIC CORP ET AL FRANCE, GOVERNMENT OF CORANGE INTERNATIONAL LTD FKI PLC MUNK, PETER AL SAUD, ALWALEED ET AL TAKASHIMAYA CO LTD MATSUSHITA FAMILY JA FR BD UK CA SA JA JA El AM AM AM El AM OT RE h-» I INVESTMENT BY INDUSTRY The manufacturing sector, as in past years, continued to be the dominant recipient of foreign direct investment transactions and aggregate values. In 1993, the manufacturing sector accounted for 205 transactions with 107 identified values totaling $15.8 billion. Within manufacturing, the chemicals subsector had the most investments, followed closely by machinery, except electrical, and electronic and electric equipment. The mining sector was the second most attractive area to foreign investors from the standpoint of identified value; there were 24 transactions with 16 identified values that totaled $4.3 billion. The services sector recorded 47 transactions with 27 available values totaling $2.5 billion. Figure 3 shows the principal industry sectors by numbers of transactions. Table IV shows the investment activity in each Standard Industrial Classification (SIC) sector. Table V highlights the trend in completed cases by principal source country in each SIC sector for the year. Figure 3 NUMBER OF INVESTMENTS BY INDUSTRY 1993 CLASS = NOT REAL PROPERTY SECTOR A - AGRICULTURE, FORESTRY, AND FISHING SIC NUMBER NUMBER OF CASES NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 01 AGRICULTURAL PRODUCTION - CROPS 02 AGRICULTURAL PRODUCTION - LIVE STOCK & ANIMAL SPECIALTIES 1 0 1 1 20 SECTOR 2 1 20 CLASS = NOT REAL PROPERTY SECTOR B -MINING NUMBER OF CASES SIC NUMBER 10 12 13 14 METAL MINING COAL MINING OIL AND GAS EXTRACTION NONMETALLIC MINERALS, EXCEPT FUELS 7 2 14 SECTOR 24 NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 6 2 7 2142.5 270.5 1924.8 1 1 10.0 16 4347.8 CLASS = NOT REAL PROPERTY SECTOR C - CONSTRUCTION SIC NUMBER NUMBER OF CASES 15 BUILDING CONSTRUCTION 16 HEAVY CONSTRUCTION 1 2 SECTOR 3 NUMBER CASES/ VALUE KNOWN 0 0 0 VALUE ($ MILLION) CLASS = NOT REAL PROPERTY SECTOR D - MANUFACTURING SIC NUMBER 20 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 NUMBER OF CASES FOOD AND KINDRED PRODUCTS TEXTILE MILL PRODUCTS APPAREL AND OTHER TEXTILE PRODUCTS LUMBER AND WOOD PRODUCTS EXC. FURNITURE FURNITURE AND FIXTURES PAPER AND ALLIED PRODUCTS PRINTING AND PUBLISHING CHEMICALS AND ALLIED PRODUCTS PETROLEUM AND COAL PRODUCTS RUBBER AND MISC. PLASTICS PRODUCTS LEATHER AND LEATHER PRODUCTS STONE, CLAY, AND GLASS PRODUCTS PRIMARY METAL INDUSTRIES FABRICATED METAL PRODUCTS MACHINERY, EXCEPT ELECTRICAL ELECTRONIC AND ELECTRICAL EQUIPMENT TRANSPORTATION EQUIPMENT INSTRUMENTS AND RELATED PRODUCTS SECTOR NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION 15 8 5 3 2 3 8 39 5 6 2 6 9 10 34 28 12 10 7 5 1 3 1 2 2 20 4 1 1 5 8 6 15 14 8 4 888.2 361.2 30.0 85.0 9.0 75.3 109.5 6320.3 1545.0 6.0 17.0 1309.2 515.1 178.8 2381.2 1747.1 234.9 32.6 205 107 15845.4 CLASS = NOT REAL PROPERTY SECTOR E -TRANSPORTATION, COMMUNICATIONS, UTIL. SIC NUMBER 40 42 44 45 47 48 49 NUMBER OF CASES RAILROAD TRANSPORTATION TRUCKING AND WAREHOUSING WATER TRANSPORTATION TRANSPORTATION BY AIR TRANSPORTATION SERVICES COMMUNICATION ELECTRIC, GAS, AND SANITARY SERVICES 11 6 10 21 SECTOR 60 SIC NUMBER NUMBER CASES/ VALUE KNOWN 3 3 6 3 2 2 0 5 6 2 20 VALUE ($ MILLION) 187.2 8.5 107.8 491.6 725^6 160.0 1680.7 CLASS = NOT REAL PROPERTY SECTOR F - WHOLESALE TRADE ............ NUMBER NUMBER CASES/ VALUE OF CASES VALUE KNOWN ($ MILLION) 50 WHOLESALE TRADE - DURABLE GOODS 51 WHOLESALE TRADE - NONDURABLE GOODS 18 SECTOR 30 102.2 21.0 12 4 123.2 ---- CLASS = NOT REAL PROPERTY SECTOR G - RETAIL TRADE SIC NUMBER 52 S3 54 55 56 57 58 59 1 2 3 2 23 2 2 8 1 2 1 0 0 1 1 0 78.0 200.0 402.5 SECTOR 43 6 1039.3 SIC NUMBER - . . 350.0 8.8 - FINANCE, INSURANCE, AND REAL ESTATE --NUMBER CASES/ VALUE KNOWN NUMBER OF CASES VALUE ($ MILLION) BANKING CREDIT AGENCIES OTHER THAN BANKS SECURITY,COMMODITY BROKERS & SERVICES INSURANCE CARRIERS INSURANCE AGENTS, BROKERS & SERVICE REAL ESTATE HOLDING AND OTHER INVESTMENT OFFICES 5 4 6 2 1 3 4 2 2 1 2 0 0 4 1036.3 SECTOR 25 11 2087.3 bL n o o - nui Kern, T 1 ruvrcmi SIC NUMBER 70 73 75 78 79 80 81 86 87 VALUE ($ MILLION) BUILDING MTLS, HARDWARE, GDN SUPPLIES GENERAL MERCHANDISE STORES FOOD STORES AUTOMOTIVE DEALERS & SERVICE STATIONS APPAREL AND ACCESSORY STORES FURNITURE AND HOME FURNISHINGS STORES EATING AND DRINKING PLACES MISCELLANEOUS RETAIL ........ CLASS = NOT REAL PROPERTY SECTOR H 60 61 62 63 64 65 67 NUMBER CASES/ VALUE KNOWN NUMBER OF CASES NUMBER OF CASES HOTELS AND OTHER LODGING PLACES BUSINESS SERVICES AUTOMOTIVE REPAIR, SVCS, AND PARKING MOTION PICTURES AMUSEMENT & RECREATION SERVICES HEALTH SERVICES LEGAL SERVICES MEMBERSHIP ORGANIZATIONS SERVICES, MISCELLANEOUS SECTOR CCDWIPCC otKVlLto NUMBER CASES/ VALUE KNOWN 688.8 19.0 23.1 320.1 m ____ ---- VALUE ($ MILLION) 12 14 1 2 5 3 1 1 8 10 5 1 2 4 1 0 0 4 312.3 109.0 11.6 1620.0 103.3 43.5 47 27 2548.7 . . 349.0 DIRECT U CLASS = NOT REAL PROPERTY SECTOR J - PUBLIC ADMINISTRATION NUMBER OF CASES SIC NUMBER 96 ADMINISTRATION : ECONOMIC PROGRAMS SECTOR 3 3 NUMBER CASES/ VALUE KNOWN 0 0 VALUE ($ MILLION) CLASS = REAL PROPERTY SECTOR - REAL PROPERTY SIC NUMBER **** TOTAL NUMBER OF CASES REAL PROPERTY NUMBER CASES/ VALUE KNOWN VALUE ($ MILLION) 49 22 999.0 491 214 28691.4 NETHERLANDS UNITED KINGDOM ALL OTHER 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 20.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2042.0 1 1 21.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 270.5 0 0 0 1 0 0 1 1 675.0 0 0 0 0 0 0 2 1 1200.0 0 0 0 3 1 3.8 7 4 46.0 1 1 10.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 10.0 24 16 4347.8 5 3 79.5 1 1 675.0 0 0 0 0 0 0 2 1 1200.0 0 0 0 7 5 2316.3 9 6 77.0 TOTAL CANADA FRANCE GERMANY JAPAN 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 20.0 0 0 0 0 0 0 0 0 0 1 1 20.0 2 1 20.0 1 0 0 0 0 0 0 0 0 7 6 2142.5 4 3 79.5 0 0 0 2 2 270.5 0 0 0 14 7 1924.8 SWITZERLAND AGRICULTURE, FORESTRY, AND FISHING 01 AGRICULTURAL PRODUCTION - CROPS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 02 AGRICULTURAL PRODUCTION - LIVESTOCK TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) MINING 10 METAL MINING TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 12 BITUMINOUS COAL AND LIGNITE MINING TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 13 OIL AND GAS EXTRACTION TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 14 NONMETALLIC MINERALS, EXCEPT FUELS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL CANADA FRANCE GERMANY JAPAN NETHER LANDS SWITZER LAND CONSTRUCTION 15 BUILDING CONSTRUCTION TOTAL NUMBERS OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 16 HEAVY CONSTRUCTION TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) MANUFACTURING 20 FOOD AND KINDRED PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 22 TEXTILE MILL PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 15 7 4 2 888.2 11.4 215.0 8 5 361.2 23 APPAREL AND OTHER TEXTILE PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 5 1 30.0 24 LUMBER AND WOOD PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 3 3 85.0 25 FURNITURE AND FIXTURES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONA) 2 11 5 3 50.7 77.5 1 4 3 640.8 1 4 21.0 11 233.0 21 30.0 1 1 1 1 1 80.0 3.5 1.5 1 TOTAL 26 PAPER AND ALLIED PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 27 PRINTING AND PUBLISHING TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 82 109.5 5 4 1545.0 1 75.0 1 3 25.0 84.5 4 3 363.8 2 6 5 13 560.0 77.5 9 7 4364.0 1 1 1 100.0 9 8 515.1 955.0 2 1 3 125.0 1320.0 61 6.0 0 0 0 2 1 17.0 17.0 33 PRIMARY METAL INDUSTRIES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 2 4 0 0 0 1 1 300.0 1 1 76.0 22 16.5 0 0 0 3 3 1157.2 3 3 172.7 5 4 36.3 I I N) M 21 6 5 1309.2 ALL OTHER 1 21 20 32 STONE, CLAY, AND GLASS PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) NETHER- SWITZERUNITED LANDS LAND KINGDOM 0.3 39 6 1 6.0 JAPAN 11 75.3 29 PETROLEUM AND COAL PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 34 FABRICATED METAL PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) GERMANY 2 6320.3 31 LEATHER AND LEATHER PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) FRANCE 3 28 CHEMICALS AND ALLIED PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 30 RUBBER AND MISC. PLASTICS PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) CANADA 0 0 0 0 0 0 1 0 0 21 12.0 11 102.5 1 1 76.0 11 13.9 TOTAL 35 MACHINERY, EXCEPT ELECTRICAL TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE <$ MILLIONS) 36 ELECTRONIC AND ELECTRIC EQUIPMENT TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE (S MILLIONS) 37 TRANSPORTATION EQUIPMENT TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 38 INSTRUMENTS AND RELATED PRODUCTS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 39 MISCELLANEOUS MANUFACTURING INDUSTRIES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 34 15 2381.2 28 14 1747.1 12 8 234.9 CANADA 21 340.0 0 0 0 FRANCE 1 1 1200.0 1 0 0 1 1 35.0 10 4 32.6 GERMANY 22 215.0 JAPAN 21 6 190.4 1 1 1200.0 148.9 2 1 58.0 8 6 141.9 4 1 14.0 2 1 4.5 301.0 SWITZERLAND 2 4 3 215.8 220.0 2 3 4 1 1 33.2 64.0 1 1 12.7 1 1 1.4 to u> I I 0 0 0 205 107 15845.4 12 11 17 7 1017.0 1696.3 2050.5 3 3 187.2 3 3 187.2 8 8 95 48 2008.3 41 LOCAL & SUBURBAN TRANSIT TOTAL NUMBER OF CASES NUMBERS CASES -- VALUE KNOWN VALUE ($ MILLIONS) 42 TRUCKING AND WAREHOUSING TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 21 19 10 TRANSPORTATION, COMMUNICATIONS, UTILITIES 40 RAILROAD TRANSPORTATION TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) NETHERLANDS 22 8.5 516 29 19 5523.0 31 15 3034.3 TOTAL CANADA FRANCE GERMANY JAPAN NETHER LANDS SWITZER LAND UNITED KINGDOM 44 WATER TRANSPORTATION TOTAL NUMBER OF CASES NUMBER CASES - VALUE KNOWN VALUE ($ MILLIONS) 11 2 107.8 1 0 0 0 0 0 0 0 0 1 1 58.8 0 0 0 0 0 0 0 0 0 45 TRANSPORTATION BY AIR TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 6 5 491.6 1 1 125.1 0 0 0 0 0 0 3 2 65.5 0 0 0 0 0 0 1 1 300.0 1 1 1.0 47 TRANSPORTATION SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 10 0 0 6 0 0 0 0 0 0 0 0 1 0 0 0 0 0 3 0 0 0 0 0 0 0 0 48 COMMUNICATION TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 21 6 725.6 3 1 80.0 1 0 0 0 0 0 5 2 251.0 1 1 53.0 0 0 0 3 0 0 8 2 341.6 49 ELECTRIC, GAS, AND SANITARY SERVICES TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) 6 2 160.0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 3 2 160.0 0 0 0 60 20 1680.7 15 5 392.3 1 0 0 0 0 0 13 7 383.8 2 1 53.0 4 0 0 7 3 460.0 18 4 391.6 18 3 102.2 0 0 0 0 0 0 2 0 0 10 2 88.7 0 0 0 0 0 0 2 0 0 4 1 13.5 12 1 21.0 0 0 0 0 0 0 2 0 0 2 0 0 0 0 0 1 0 0 3 1 21.0 4 0 0 30 4 123.2 0 0 0 0 0 0 4 0 0 12 2 88.7 0 0 0 1 0 0 5 1 21.0 8 1 13.5 TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) ALL OTHER 9 1 49.0 WHOLESALE TRADE 50 WHOLESALE TRADE - DURABLE GOODS TOTAL NUMBER OF CASES NUMBER CASES - VALUE KNOWN VALUE ($ MILLIONS) 51 WHOLESALE TRADE - NONDURABLE GOODS TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) I to I TOTAL CANADA FRANCE GERMANY 0 0 0 0 0 0 NETHER- SWITZERJAPAN LANDS LAND UNITED KINGDOM ALL OTHER RETAIL TRADE 52 BUILDING MTLS, HARDWARE, GARDEN SUPPLIES TOTAL NUMBER OF CASES 1 NUMBER CASES -- VALUE KNOWN 1 VALUE ($ MILLIONS) 78.0 53 GENERAL MERCHANDISE STORES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 200.0 54 FOOD STORES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 3 1 402.5 55 AUTOMOTIVE DEALERS & SERVICE STATIONS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 56 APPAREL AND ACCESSORY STORES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 57 FURNITURE AND HOME FURNISHINGS STORES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 58 EATING AND DRINKING PLACES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 2 2 0 0 0 0 1 1 100.0 0 0 0 0 0 0 1 1 78.0 0 0 0 1 1 100.0 2 1 402.5 2 0 0 I to Ln I 00 23 0 0 15 2 1 350.0 1 1 350.0 2 1 1 1 8.8 8.8 59 MISCELLANEOUS RETAIL TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 0 0 43 6 1039.3 DIRECT INVESTMENT DISTRIBUTION BY TOTAL CANADA FRANCE GERMANY JAPAN NETHER- SWITZERLANDS LAND FINANCE, INSURANCE, AND REAL ESTATE 60 BANKING TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 61 CREDIT AGENCIES OTHER THAN BANKS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 62 SECURITY,COMMODITY BROKERS & SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 63 INSURANCE CARRIERS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 64 INSURANCE AGENTS, BROKERS & SERVICE TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 5 2 3 2 688.8 688.8 4 2 19.0 6 1 23.1 3 1 3.0 1 1 16.0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 2 2 320.1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 300.0 1 1 1 23.1 I tsj I CT\ 20.1 0 0 0 2 1 0 0 0 0 0 65 REAL ESTATE TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 67 HOLDING AND OTHER INVESTMENT OFFICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 4 4 1036.3 1 1 634.0 5 2 650.0 00 0 2 2 239.3 163 8 5 948.2 5 2 186.1 TOTAL CANADA FRANCE GERMANY JAPAN NETHERLANDS SWITZERLAND UNITED KINGDOM ALL OTHER 2 2 1 2.7 27.3 8 6 246.3 SERVICES 70 HOTELS AND OTHER LODGING PLACES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 11 12 10 312.3 36.0 1 72 PERSONAL SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 73 BUSINESS SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 75 AUTO REPAIR, SERVICES, AND GARAGES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 14 5 109.0 108 1 1 11.6 1 1 11.6 76 MISCELLANEOUS REPAIR SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 78 MOTION PICTURES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 79 AMUSEMENT & RECREATION SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 80 HEALTH SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 81 LEGAL SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 2 2 1620.0 5 4 103.3 3 1 43.5 1 1 1500.0 1 1 120.0 3 3 77.3 1 1 26.0 I N> ■-J I DIRECT INVESTMENT DISTRIBUTION BY NETHER LANDS SWITZER LAND UNITED KINGDOM ALL OTHER TOTAL CANADA FRANCE GERMANY JAPAN 82 EDUCATIONAL SERVICES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 86 MEMBERSHIP ORGANIZATIONS TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 87 SERVICES, MISCELLANEOUS TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) 8 4 349.0 1 0 0 1 1 113.0 0 0 0 2 0 0 1 1 76.0 0 0 0 1 0 0 2 2 160.0 TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 47 27 2548.7 3 1 1500.0 1 1 113.0 1 1 43.5 13 9 341.3 4 3 78.7 1 0 0 7 1 27.3 17 11 444.9 1 tvj 00 I PUBLIC ADMINISTRATION 91 EXECUTIVE, LEGISLATIVE, AND GENERAL GOVT TOTAL NUMBER OF CASES NUMBER OF CASES VALUE ($ MILLIONS) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 96 ADMINISTRATION OF ECONOMIC PROGRAMS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 0 0 TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) TOTAL CANADA FRANCE GERMANY JAPAN NETHERLANDS SWITZERLAND UNITED KINGDOM ALL OTHER 1 1 2 2 31 75.0 45.3 546.9 69 37 9419.1 144 54 5555.6 REAL PROPERTY TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 49 22 1 1 999.0 60.0 491 214 28691.4 42 19 3698.8 7 3 39.3 5 4 232.5 23 10 32 2484.3 2133.3 153 73 3177.6 11 GRAND TOTAL TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 12 16 7 1847.7 12 2 375.0 I VO I MODE OF INVESTMENT TRANSACTIONS Foreign direct investment transactions can be classified into various modes relating to type and characteristics. For the purpose of the OTEA transaction monitoring program, the modes of investment used are the following: o Acquisition/merger o Equity increase o Joint venture o New plant o Plant expansion o All others Appendix D defines these and other terms used in this report. In 1993, acquisitions/mergers, real estate, and joint ventures were the leading forms of investment activity in terms of the number of transactions. Acquisitions/mergers accounted for 161 of the transactions identified, real estate activity for 49 transactions, and joint ventures for 48 transactions. Together these three modes accounted for 258 transactions, 53 percent of the total investment transactions identified. Table VI shows the modes of investment by principal source country. MODE OF INVESTMENT BY SOURCE COUNTRY COMPLETED TRANSACTIONS — 1993 TOTAL ALL MODES ACQUISITIONS EQUITY & MERGERS INCREASES JOINT VENTURES NEW PLANTS PLANT EXPANSION REAL ESTATE OTHER MODES TOTAL ALL COUNTRIES TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) 491 214 28691.4 161 48 11 41 17,535.4 25 15 3015.6 720.0 1,755.5 18 5 3 415.0 100 22 37 27 2,554.0 49 22 999.0 CANADA TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 42 19 3698.8 1 4 2 3 8 2,671.5 225.1 80.0 2 2 6 2 1 1 715.0 63.8 1.5 1 1 60.0 130 17 2,111.9 11 4 247.2 FRANCE TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 2484.3 7 5 1704.0 32 11 5 6 2 1 1 2133.3 2018.5 17.5 58.0 153 73 3177.6 11 23 10 I 00 to I GERMANY TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN VALUE ($ MILLIONS) 12 7 3 39.3 JAPAN TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE (S MILLIONS) 19 10 21 22 258.0 7 1331.7 7 371.2 12 250.0 29 22 422.5 5 4 232.5 47 10 311.7 NETHERLANDS TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE <$ MILLIONS) 10 4 5 594.7 1253.0 2 TOTAL ALL MODES ACQUISITIONS EQUITY & MERGERS INCREASES JOINT VENTURES NEW PLANTS PLANT EXPANSION REAL ESTATE OTHER MODES SWITZERLAND TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 12 2 1 1 7 375.0 75.0 300.0 10 1 UNITED KINGDOM TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 69 37 9419.1 41 29 7,611.0 144 54 5555.6 53 36 2677.7 2 2 10 1 3 2 1 1 2 2 531.8 205.0 901.0 125.0 45.3 4 3 172.0 4 2 31 1947.0 546.9 00 OTHER SOURCE COUNTRIES TOTAL NUMBER OF CASES NUMBER CASES -- VALUE KNOWN VALUE ($ MILLIONS) 6 2 212.0 11 00 41 u> I 00 I LOCATION OF INVESTMENT BY STATE Foreign direct investments were identified in 42 states, the District of Columbia, and Puerto Rico during 1993 (Table VII). California and New York were the leading states for the tenth consecutive year with 77 and 70 transactions, respectively. Other states that had substantial investment were Florida (40 transactions), Texas (33), Georgia (20), Virginia (19), North Carolina (16), and Michigan (15). These eight states with the most transactions accounted for 63 percent of all investment transactions identified in 1993 (Figure 4). Figure 4 NUMBER OF INVESTMENTS BY STATE 1993 New York 70 Only three of the eight states with the most transactions also led based on transaction values of over $1 billion. According to the transaction values identified, New York was the leading recipient with $7.0 billion, followed by Texas ($4.1 billion), California ($2.8 billion), Massachusetts ($2.0 billion), Louisiana ($1.5 billion), Oregon ($1.3 billion), and Connecticut ($1.2 billion). TABLE VII STATE LOCATION OF FOREIGN INVESTMENTS - 1993 States TOTAL Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist. of Col. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Number of Cases 491 • 1 6 1 77 6 10 Number Cases/ Value Known 214 • 13 5 1 7 6 7 0 8 13 15 3 2 9 1 • 3 1 30 2 4 1 12 5 • • 7 3 • 3 4 5 • 6 3 • 70 16 • 14 240.0 260.0 129.7 • • 425.6 79.5 • 354.6 323.8 1,466.8 • 2 7 9 1 1 4 • • « 612 .5 98.0 2,776.7 29.4 1,189.3 # # 13 28,691.4 • • 6 40 20 2 Value ($ Million) • 4 145.0 2,020.0 345.6 102.5 80.0 569.0 • • 93.1 • 57.0 • 25 9 7,022.2 420.5 # 10 818.8 TABLE VII STATE LOCATION OF FOREIGN INVESTMENTS - 1993 States Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Unidentified Number of Cases Number Cases/ Value Known Value ($ Million) 5 7 13 1 3 5 7 1 688.2 1,267.7 340. 3 141.6 10 4 115.8 • • 9 33 2 1 19 7 1 2 1 2 3 21 2 • 7 3 . 2 1 • • 149.5 4,104.0 880.4 # 893.5 118.0 . 212.3 120.5 MAJOR SECTORAL DEVELOPMENTS This section focuses on major investment transaction trends in those sectors where foreign direct investment was concentrated or where a particular investment pattern or a noteworthy transaction occurred. In 1993, there was notable foreign direct investment activity in 13 industrial sectors. There were more than $1 billion worth of foreign direct investment transactions in eight sectors in 1993, as compared with only three sectors in 1992. Metal Mining (SIC 10) - A significant increase in gold prices and the expectation of worldwide industrial recovery and subsequent increased demand for copper prompted foreign investors to invest heavily in the U.S. metal mining industry in 1993. This industry accounted for the third largest total foreign investment value for the year. Seven transactions were identified, six of which had a total value of more than $2.1 billion. Canadian investors accounted for the largest number of transactions - four, but investors from the United Kingdom, with only two transactions, had the two largest investments as well as the highest total value in the industry. At just over $2 billion, these two investments accounted for more than 95 percent of the industry total. The largest transaction was RTZ Corp.’s acquisition of Nerco Inc. The London-based firm, through its U.S. subsidiary, Kennecott Corp., paid $470 million and assumed $692 million in debt for a total transaction value of almost $1.2 billion, the sixth largest megadeal in 1993. Nerco is a minerals and coal mining company based in Portland, Oregon. This acquisition combined with the $120.5 million acquisition of the Cordero Mining Co., a Wyoming coal producer, made Kennecott the fifth largest coal producer in the United States. RTZ is the world’s largest mining group. The second largest investment was the construction of a new $880 million copper smelter and refinery near Salt Lake City, Utah by Kennecott Corp. RTZ Corp., through its Kennecott subsidiary, is the third largest copper producer in the United States. More than half of the investments in this industry were acquisitions; there were four. The other investments included a new plant, an equity increase, and a new mine. The gold mining subsector (SIC 1041) had four investments and the copper mining subsector (SIC 1021) had three. The mining investments were located in sue states. Two were in Colorado, and the remainder were in Arizona, Montana, Nevada, Oregon, and Utah. Oil and Gas Extraction (SIC 13) - In 1993, the Office of Trade and Economic Analysis identified 14 transactions in the oil and gas extraction sector. Half of them had a total value of more than $1.9 billion. This is the first time since 1988 that the total value has been at or above the $1 billion level. Ample supplies of crude oil and petroleum products and a decline in world oil prices have kept foreign investor interest in the oil and gas industry subdued. Three countries accounted for 50 percent of the transactions in this sector. Investors from the United Kingdom, as has been the case for four of the last five years, were in first place with three transactions. Investors from the Netherlands and the Republic of Ireland tied for second place with two transactions apiece. The two largest transactions in the industry were both megadeals. They accounted for more than 97 percent of the total value. The first one was the Mars project, a $1.2 billion joint venture between Shell Oil Co., a subsidiary of the Royal Dutch Shell Group of the Netherlands, and BP Exploration Inc., the Houston-based subsidiary of British Petroleum PLC. The two firms agreed to develop a 700 million barrel oil and gas field off the coast of Louisiana. In the initial phase, they will deploy a tension leg platform in the Mars oil field, estimated to be the largest reserve of oil in the Gulf of Mexico. The second largest transaction was an equity increase. Schlumberger Ltd., a major oil field services firm, acquired the remaining 50 percent of Dowell Schlumberger Inc. from its joint venture partner, Dow Chemical Co., in a transaction worth more than $675 million. Schlumberger is controlled by the Schlumberger family of France. Eleven of the 14 transactions were in the oil and gas extraction subsector (SIC 1311). Oil and gas field services (SIC 1389) had two transactions, while the oil and gas field exploration services subsector (SIC 1382) had one. The greatest number of investment transactions in the oil and gas extraction industry, six, were acquisitions, as has been the case for the past dozen years. There were also four equity increases, one joint venture, and three other category investments. More than three-quarters of the transactions were located in three traditional oil and gas producing states. Texas had the largest number with five transactions, followed by Louisiana with four, and Oklahoma with two transactions. Food and Kindred Products (SIC 20) - As U.S. and foreign companies look for new ways to strengthen their market share in the United States, several important acquisitions by foreign investors took place in the food industry in 1993. There were 15 foreign investment transactions identified with seven known values totaling $882.2 million. Unilever PLC, an Anglo-Dutch consumer products company, expanded its presence in the increasingly competitive U.S. ice cream market. Unilever acquired Kraft General Foods’ ice cream business for $215 million. Kraft, the nation’s largest ice cream company, manufactures product lines that include the Breyers and Sealtest brands. Unilever, through its U.S. subsidiary Thomas J. Lipton Co, also purchased Isaly Klondike Co. and Popsicle Industries Ltd. from Empire of Carolina Inc. of Deerfield Beach, Florida. Building on its worldwide share of the beverage industry, Cadbury Schweppes PLC, a British beverage and candy company, paid over $500 million for two U.S. soft drink companies. Cadbury paid $334 million for A & W Brands Inc. of White Plains, New York, the country’s top root beer producer. Cadbury Schweppes also increased its equity interest in Dr Pepper/Seven-Up Cos. from 5.7 to 25.9 percent for a total of $231.8 million. Chemicals and Allied Products (SIC 28) - In 1993, the chemicals and allied products sector recorded the highest total value of foreign direct investment of any U.S. industry sector and the second highest number of transactions. The Office of Trade and Economic Analysis identified 39 transactions, 20 of which had values of more than $6.3 billion. These figures represent a 15 percent decrease in the number of transactions and a 50 percent increase in the total value over the 1992 figures. The total value figure represents 22 percent of the total value of all foreign direct investment identified in 1993. Three major source countries accounted for two-thirds of the investment transactions. Japanese investors, as has been the case for four of the last five years, accounted for 13 transactions. Investors from the United Kingdom displaced German investors from their long-held second place position with eight transactions; German investors accounted for five transactions. The two largest investment transactions in the chemical industry accounted for almost 66 percent of the industry’s total. Moreover, the largest investment in the chemicals sector was also the largest megadeal in 1993 - the acquisition of Quantum Chemical Corp. of New York, the nation’s largest polyethylene maker, by Hanson PLC. In this transaction, valued at $3.2 billion, Hanson also acquired Quantum’s Suburban Propane division, the secondlargest distributor of propane gas in the United States. Hanson PLC is a London-based conglomerate with disparate holdings located mainly in the United Kingdom and the United States. Hanson owns businesses such as Farberware Cookware, Imperial Tobacco, Jacuzzi Whirlpool Baths, Peabody Coal, SCM Chemicals, and Smith-Corona. The second largest investment was a plant expansion at Formosa Plastics Corp. in Point Comfort, Texas. The expanded plant, which included a chlor-alkali plant and a 1.5 billion lbs/year steam cracker, became one of the largest integrated PVC complexes in the world. This transaction, valued at $947 million, was part of Formosa Plastics Corp.’s decade-long $1.5 billion expansion, noted in earlier foreign direct investment transactions reports. The majority of transactions in the chemicals sector were acquisitions; there were 18. There were also seven new plants, six joint ventures, five other types of ventures, and three plant expansions. More than half of the transactions were located in six states. Texas had the most transactions with five, followed by California, Florida, New Jersey, North Carolina, and New York, each of which had three transactions. Foreign investment was divided among four subsectors. There were seven transactions in both the plastic materials, synthetic resins, and nonvulcanizable elastomers subsector (SIC 2821) and in the pharmaceutical preparations subsector (SIC 2834). Ten additional transactions were equally divided between the industrial inorganic chemicals subsector (SIC 2819) and the industrial organic chemicals subsector (SIC 2869). Petroleum Refining and Related Industries (SIC 29) - In 1993, the Office of Trade and Economic Analysis identified five investments in the petroleum refining and related industries sector; four of them had a total value of more than $1.5 billion. Although the number of foreign investment transactions in this sector was not large, this was the only industry sector in which all transactions with known values were megadeals. The transaction values ranged from $100 million to $1 billion. The largest transaction, accounting for almost two-thirds of 3-the entire sector value, was a joint plant expansion project of Shell Oil Co. and Petroleos Mexicanos (Pemex) to upgrade Shell’s Deer Park, Texas refinery. Pemex, which is owned by the Government of Mexico, paid $1 billion for a 50 percent equity in the refinery, which Shell will continue to manage. Shell Oil Co. is a subsidiary of the Royal Dutch Shell Group of the Netherlands. The second largest investment was a joint venture, Lyondell-Citgo Refining Co. Ltd., valued at $320 million. Petroleos de Venezuela SA, the state-owned oil company, through its U.S. Citgo Petroleum Corp. subsidiary, agreed to invest in a Houston-based oil refinery owned by Lyondell Petrochemical Co. In exchange for funding a substantial share of the cost of upgrading the refinery, Citgo received a minority interest in the project and an option to increase its interest to 50 percent in the future. The four megadeal investment transactions were all made in the petroleum refining subsector (SIC 2911). There was also one investment in the asphalt paving mixtures subsector (SIC 2951). Two of the investments were acquisitions; two were plant expansions and one was an equity increase. Sixty percent of the investment transactions were made by government-owned companies. Both of them were Latin American countries - Mexico and Venezuela. Two of the transactions were located in Texas, and the remaining transactions were in Colorado, Georgia, and Missouri. Stone. Clav. and Glass Products (SIC 32) - In 1993, the value of foreign direct investment in the stone, clay, and glass products industry increased by more than $1 billion. There were six transactions recorded with five known values and a total value of $1.3 billion, compared with seven transactions in 1992 with a total value of $44.3 million. The largest transaction in the stone, clay, and glass sector was also one of the largest megadeals reported in 1993. Asahi Glass Co. Ltd. of Japan increased its equity interest in AFG Industries Inc., the nation’s largest glass maker, headquartered in Fort Worth, Texas, by $1 billion. This raised the equity interest of Asahi Glass Co. in AFG Industries from 20 to 100 percent. In another major equity increase, Nippon Electric Glass Co. Ltd. acquired the 50 percent interest in OI-NEG TV Products that it did not already own for $135 million. OI-NEG TV Products of Columbus, Ohio was established in 1988 as a 50-50 joint venture with OwensIllinois Inc. to manufacture glass television parts. These two transactions plus a plant expansion by Japanese investors accounted for 88 percent, almost $1.2 billion, of the total identified value in the stone, clay, and glass products industry. The remaining investors were from France, Mexico, and the United Kingdom. Primary Metal Industries (SIC 33) - Foreign investment in the U.S. primary metal industries reflected the worldwide conditions of global overproduction, reduced demand, and low prices that affected both steel and aluminum producers in 1993. The number of foreign direct investment transactions in this sector fell a substantial 57 percent from the level of the previous year, while the dollar value declined only moderately in 1993. Nine transactions with eight known values had a total of $515.1 million, as compared with 21 transactions and 11 values totaling $601.7 million in 1992. Japan was the source country for the largest number of foreign investments in the primary metal industries for the ninth consecutive year. Japanese investors had three transactions, including the second largest investment. British and French investors accounted for two transactions each, while Canadian and Italian investors had one transaction apiece. The largest investment was a new $300 million hot-rolled steel minimill in Gallatin County, Kentucky. The project is an equally owned joint venture of two Canadian steel firms, Dofasco Inc. and Co-Steel Inc. of Toronto. The second largest investment was a plant expansion of Nucor-Yamato Steel Co., a Blytheville, Arkansas joint venture between Yamato Kogyo Co. Ltd. of Japan and Nucor Corp. of Charlotte, North Carolina. NucorYamato began operation in 1988 and is 49 percent-owned by Yamato Kogyo, which accounted for $98 million of the total cost of the I-beam facility addition. The majority of transactions in primary metals were acquisitions (4); however, larger investments were made for plant expansions (3) and new plants (2). More than half of the transactions were in two subsectors. Three were in the steel pipes and tubes subsector (SIC 3317), and two were in the steel works, blast furnaces, and rolling mills subsector (SIC 3312). Both Nevada and Pennsylvania had two transactions each, while one investment each was located in Arkansas, Kentucky, Ohio, Oregon, and Texas. Industrial Machinery and Equipment (SIC 35) - Foreign direct investment in the industrial machinery and equipment industry in 1993 increased substantially in dollar terms, but marginally in the number of transactions as compared with 1992 figures. Thirty-four transactions were identified, 15 of which had a total value of $2.4 billion as compared with the previous year’s 33 transactions, 16 of which totaled $225.2 million. Acquisitions were the primary mode of investment and accounted for 13 transactions, more than 38 percent of the total number. Other forms of investment included six new plants, five each in the other category and plant expansions, three equity increases, and two joint ventures. Japan, as has been the case for at least the last five years, was once again the primary source country in this industry sector. Japanese investors accounted for 60 percent of the transactions with 21 investments. They accounted for only a small amount of the total investment value, however, with six transactions that totaled $190.4 million. Investors from the United Kingdom accounted for only four transactions, while investors from Canada and Germany accounted for two transactions each. In terms of value, Japanese investors were fifth behind those from France with $1.2 billion, Canada with $340 million, the United Kingdom with $216 million, and Germany with $215 million. The largest investment was a $1.2 billion acquisition by Compagnie des Machines Bull. The French Government-owned computer and electronics conglomerate purchased a 20 percent interest in Packard Bell Electronics Inc., a Chatsworth, California personal computer manufacturer. The second largest investment was also an acquisition. Canadian Pacific Ltd., through an affiliate, United Dominion Industries Ltd., purchased Kansas City, Kansas-based Marley Co. for $340 million. Marley manufactures air conditioning and warm air heating equipment. A third significant acquisition was BTR PLC’s $204.3 million investment in Rexnord Inc. of Milwaukee, Wisconsin. BTR, a leading British industrial conglomerate, acquired more than a 44 percent equity interest in Rexnord, which is a major manufacturer of industrial conveying equipment and aerospace seals. More than 56 percent of the investment transactions in this sector took place in only three states. California attracted the largest number of investments with 11. North Carolina and Ohio each had four transactions, while the remaining 15 investment transactions were widely scattered in 12 states. Electronic and Electric Equipment (SIC 36) -- Foreign investors spent $1.7 billion in the U.S. electronic and electric equipment industry in 1993 with 28 identified with 14 known values. In 1992, 31 transactions were recorded with 12 known values also totaling $1.7 billion. For the ninth consecutive year, Japan was the primary source country with 19 transactions, more than 65 percent of the transactions in electronics. The two largest transactions in electronics were from Germany and the Netherlands, however. In order to focus on its telecommunications business, GTE Corp. sold its Danvers, Massachusetts Sylvania lighting business to Siemens AG, the German industrial conglomerate, and a consortium of international investors for $1.2 billion. As part of a consolidation trend in the music world, Polygram NV, a Dutch music company, paid $301 million for widely known Motown Records Co., headquartered in Detroit, Michigan. Polygram NV is a subsidiary of Philips Electronics NV, itself one of Europe’s leading electronic and electric equipment holding companies. There were six transactions in the telephone and telegraph apparatus (3661) subsector. Japanese companies continued to dominate with three transactions, while investors from Finland, France, and the United Kingdom had one transaction each. Acquisition was the most frequent form of investment with 12 and accounted for 43 percent of the total number of investments. Values for six of them totaled $1.6 billion, representing 94 percent of total value in the electronic and electric equipment sector. Other modes of investment included plant expansions (6), joint ventures (5), other category transactions (3), and equity increases (2). California continued to be the focal point for foreign investors in the electronic and electric equipment sector with eight investments. Texas had three transactions, followed by two apiece from Colorado, Virginia, New York, and Kentucky. Air Transportation (SIC 45) - Although there were fewer foreign investment transactions in the U.S. air transportation industry as compared with some other U.S. industries, there were noteworthy investments, as U.S. airlines continued to form alliances with foreign airlines in 1993. Many of these alliances involved no exchange of funds for equity, but there were three direct investments by two foreign airlines and an aircraft manufacturer in U.S. carriers this year. Six transactions were identified in this sector; five of them had values totaling $491.6 million. This was a 33 percent decrease in the number of transactions and an eightfold increase in value over the 1992 figures that recorded nine transactions, two of which had a total value of $62 million. The two investments by foreign airlines were each megadeals. The first transaction was a $300 million investment by British Airways PLC in USAir Group Inc. of Arlington, Virginia that provided the British air carrier with a 19.9 percent share of USAir’s voting stock, three seats on a 16-member board of directors, and the right to increase its ownership in USAir in the future. This transaction counted as an equity increase since it raised the foreign ownership level from the 4 percent held by other foreign interests prior to the completion of the transaction. Also in 1993, British Airways purchased $101 million of USAir’s Series T convertible preferred stock to keep its holdings from being diluted by a public stock offering. The purchase allowed British Airways to maintain a 24.6 percent equity in USAir on an undiluted basis. The second transaction was a $450 million investment by Air Canada and Air Partners L.P. in Continental Airlines Holdings. The investment gave them a combined 55 percent equity and 65 percent of the voting stock in the Houston-based airline. Air Canada’s share of the investment included 24 percent of the voting stock and 27.5 percent of the equity, keeping the Canadian air carrier’s holdings within the legal limits of foreign ownership set by federal law: 25 percent for voting control and 49 percent for equity. The transaction, valued at about $125.1 million for purposes of foreign investment, was recorded as an equity increase, since Scandinavian Airlines System (SAS) had held equity in Continental since 1988. The investment was part of a reorganization plan that allowed Continental to end 29 months of Chapter 11 bankruptcy. The third transaction, while small, also involved an acquisition of equity in a U.S. air carrier. Romaero S.A., a Romanian aircraft manufacturer, invested $1 million for a 12 percent holding in Kiwi International Air Lines, a newly established airline based in Newark, New Jersey. Romaero also received one seat on Kiwi’s board of directors as part of the agreement. Communications (SIC 48) - World communications companies competing globally to build and control a boundless electronic network made a substantial number of investments in the U.S. communications industry in 1993. Both the number of transactions and total transactions value rose substantially over the previous year. Twenty-one transactions were identified and six values had a total of $725.6 million, as compared with seven transactions in 1992, one of which had a value of $137.5 million. Japan displaced the United Kingdom as the primary source country for the communications industry. Japanese investors had five transactions, while investors from Australia, Canada and the United Kingdom had three transactions apiece. Almost one-quarter, or five, of the investment transactions were made by companies owned or controlled by foreign governments. They were the governments of the United Kingdom (2), France (1), Russia (1) and Spain (1). The largest transaction was a joint venture satellite communications consortium, Iridium Inc., based in Washington, D.C. Motorola Inc., the founder and prime contractor of the venture, had a 34 percent holding. Foreign investors included Nippon Iridium Corp., a consortium of 18 Japanese companies that includes Daini Denden, Kyocera Corp., Sony Corp., Mitsubishi Corp., Mitsui Co., several regional cellular operators, and other Japanese firms. They will hold a 15 percent share of the equity as will the Mawarid Group of Saudi Arabia. The transaction had a value of $240 million. Investors from Canada, China, Italy, Russia, Thailand, and Venezuela will also join the venture. The second largest investment was the $200 million acquisition of a 50 percent equity holding in PanAMSat LP, by Grupo Televisa SA of Mexico. PanAmSat, a satellite company with headquarters in Greenwich, Connecticut, intends to set up the first privately owned global satellite network. Grupo Televisa, a leading Spanish-language broadcaster and Mexico’s dominant private media company, last year acquired publishing subsidiaries of American Publishing Group in Miami, Florida, and the Univision Spanish-language network in the United States with two other investors. Grupo Televisa is controlled by the Emilio Azcarraga family. Three subsectors accounted for more than half of the foreign investment in this industry. The telephone communications subsector (SIC 4813) was the most attractive to investors with seven transactions. The cable and other pay television services subsector (SIC 4841) had six transactions, while the other communications services subsector (SIC 4899) had four. There were two primary modes of foreign investment in this industry. Joint ventures accounted for 11 transactions and acquisitions accounted for four transactions. Almost half of the investment transactions were located in only three states. New York had four transactions, while Florida and Virginia had three transactions apiece. Hotels and Other Lodging Places (SIC 70) - In what once was an industry that attracted considerable foreign investment, the U.S. hotels and other lodging places sector continued in 1993 to hold little of the allure for foreign investors that occurred during the 1980s. In 1993, foreign direct investment in U.S. hotels and other lodging places increased slightly to $313 million from $290 million in 1992. As recently as 1990 foreign investment in this sector was $5.0 billion. The number of transactions, 12 in 1993, continued its steady decline from 16 transactions in 1992. There was one major foreign purchase of a U.S. hotel in 1993. The Royal Family of Brunei purchased the Helmsley Palace Hotel in New York City for $203 million. The remaining 11 foreign direct investments in the U.S. hotels and other lodging places sector were relatively small, totaling $110 million, and came from seven countries. Two-thirds of the investment came from Asian countries. In addition to Brunei, investment from other countries included Taiwan with three transactions, Malaysia and the Netherlands with two transactions each, and Japan, China (PRC), Thailand, and the United Kingdom with one transaction each. More than 83 percent of the transactions were located in four states. New York and Texas had three transactions apiece, while California and Florida had two each. Connecticut and Michigan had the two remaining investments. The outlook for a resurgence of foreign investment in the U.S. hotels and lodging places sector is unlikely anytime soon. There are properties available, but either the price is perceived as too high or they are already owned by foreign nationals. Real Estate -- For 1993, foreigners invested $1.0 billion in U.S. commercial real estate, an increase of 67 percent from the $600 million invested in 1992, but still considerably below the $1.6 billion foreigners invested in 1991. The 1993 increase in the value of foreign direct investment in U.S. commercial real estate was, for only the second time since 1986, higher than the amount invested a year earlier. Foreign transactions in U.S. commercial real estate increased to 30 for 19931 compared with 28 in 1992. For 1993, the average foreign investment transaction value in U.S. commercial real estate was considerably larger than for 1992. Australian investors were, for the first time, the largest investors in U.S. real estate, spending $400 million in 1993 and replacing the Germans, who were the largest investors in 1992. For the eight years prior to 1992, the Japanese dominated foreign investment in 1In one transaction, Westfield Holdings Ltd. of Australia purchased Centermark Properties of St. Louis, MO, which owns 19 shopping centers throughout the United States. For the purposes of the report, the 19 shopping centers are shown as individual investments. In this real estate analysis, however, the 19 shopping centers are counted as one transaction. U.S. real estate. Japanese investments in U.S. commercial real estate bottomed out in 1992 with $120 million invested, then rebounded in 1993 to $233 million, the second highest value for any country that year. In 1993, the Germans completed the most transactions with seven, followed by the Japanese, who matched their 1992 total with five transactions and halted their downward trend. In 1993, there were two major commercial real estate transactions of $100 million or more. The largest was the acquisition of Centermark Properties of St. Louis, Missouri by Australian investor Westfield Holdings Ltd. for $400 million. In acquiring Centermark, Westfield became the owner of 19 shopping centers across the United States. The second largest transaction was CityWalk, a Los Angeles, California entertainment and shopping promenade built by Japanese family-owned Matsushita Electric Industrial Co. for $100 million. It is interesting to note that 27 of the 49 real estate transactions, or 55 percent, were located in just three states of the 14 states identified as having transactions. There were 13 real estate transactions in California, nine in Florida, and five in Missouri. In addition, Georgia and New York had four transactions each. The outlook for foreign direct investment in the U.S. commercial real estate industry in 1994 is for continued softness with selective buying. There are a number of current buying opportunities in U.S. commercial real estate, some of which are foreign-owned. The foreign-owned properties, for the most part, were purchased a few years ago at significantly inflated prices. To the extent that resales of these foreign-owned properties are concerned, there may be some real estate activity that goes unreported. When foreign-owned U.S. property is purchased by other foreigners, the Department of Commerce considers the transaction a transfer of assets, not a new foreign investment. Also, purchases of agricultural land and individual residential real estate units are not included in this report. APPENDIX A LISTING OF INVESTMENT TRANSACTIONS BY STANDARD INDUSTRIAL CLASSIFICATION (SIC) SIC US FIRM NAME LOCATION 0172 0252 WILLIAM HILL WINE CO DECOSTERS CO'S EGG PLANT KENNECOTT UTAH COPPER CORP MONTANORE SANCHEZ MINE ATLAS CORP NERCO INC PIKES PEAK MINING CO USMX INC'S GOLD PROPERTIES CORDERO MINING CO SANTA FE PACIFIC CORP’S COAL ASSETS APACHE CORP-SHELL OFFSHORE INC VENTURE ARKLA EXPLORATION CO CHUSKA RESOURCES CORP CONOCO INC OIL WELL EXXON PROPERTIES MARS PROJECT OIL LEASES OIL WELLS (3) OIL & GAS LEASES OIL & GAS PROPERTIES TEXACO EXPL & PROD INC ET AL PLANT MAGELLAN PETROLEUM CORP DOWELL SCHLUMBERGER INC NOREX AMERICA INC NORD KAOLIN CO KITCHELL CORP JOHN BROWN MID-MOUNTAIN CONTRACTORS INC COLONIAL BEEF CO KRAFT FOODS’ ICE CREAM BUSINESS ISALY KLONDIKE CO ATLANTA DAIRIES WEST DAIRY MARUGEN-ADAMS WASHINGTON FRONTIER JUICE INC ROUSH PRODUCTS CO INC BAKE-LINE PRODUCTS INC WILSEY FOODS INC BAY BREWING CO A & W BRANDS INC DEER PARK SPRING WATER INC DR PEPPER/SEVEN-UP COS SILOCAF NISSHINBO INDUSTRIES INC LINQ INDUSTRIAL FABRICS INC TNS MILLS INC KAYSER-ROTH CORP GOLDTEX INC BASF FIBER PRODUCTS DIV TNS MILLS INC CA MD SALT LAKE CITY UT MT AZ SANCHEZ CO DENVER OR PORTLAND CO ALLIGATOR RIDGE NV WY PDR RIV BASIN AZ GULF OF MEXICO TX SHREVEPORT LA SAN ANTONIO TX TERRELL COUNTY TX COKE COUNTY TX GULF OF MEXICO LA GULF OF MEXICO LA AK PRUDHOE BAY GULF OF MEXICO LA UT FOUR CORNERS OK GE CT HARTFORD OK TULSA HOUSTON TX GA MACON AZ PHOENIX SC GREENVILLE SEATTLE WA PHILADELPHIA PA NORTHFIELD IL CLEARWATER FL ATLANTA GA SPRING CITY PA FL AUBURNDALE WA PROSSER CEDAR RAPIDS IA DES PLAINES IL MO ST JOSEPH FL TAMPA BAY NY WHITE PLAINS CARLSTADT NJ TX DALLAS NEW ORLEANS LA FRESNO CA SC SUMMERVILLE SC GREER GREENSBORO NC NC GOLDSBORO NC CHARLOTTE SC GREENVILLE 1021 1021 1021 1041 1041 1041 1041 1221 1222 1311 1311 1311 1311 1311 1311 1311 1311 1311 1311 1311 1382 1389 1389 1455 1542 1623 1623 2011 2022 2024 2026 2026 2033 2033 2041 2052 2079 2082 2086 2086 2086 2095 2211 2221 2221 2252 2261 2281 2281 NAPA TS FOREIGN INVESTOR NA TYPE HIRAM WALKER-GOODERHAM & WORTS LTD NANKAI H ISE CO RTZ CORP PLC BRONFMAN, EDWARD & PETER AZCO MINING LTD PHOENIX FINANCIAL HOLDINGS INC RTZ CORP PLC OPPENHEIMER, HARRY & FAMILY PLACER DOME INC RTZ CORP PLC HANSON PLC ROYAL DUTCH SHELL GROUP BRIERLEY, RONALD A ET AL BAKHSH, ABDULLAH TAHA BRONFMAN FAMILY PITTENCRIEF PLC ROYAL DUTCH SHELL GROUP ARAN ENERGY PLC BRITISH PETROLEUM CO PLC ARAN ENERGY PLC BAKHSH, ABDULLAH TAHA NOREX PLC SAGASCO HOLDINGS LTD SCHLUMBERGER FAMILY ORKLA AS KEMIRA OY HOCHTIEF AG BROWN, JOHN ROYAL VOLKER STEVIN MARUDAI FOOD CO LTD UNILEVER PLC UNILEVER PLC TANZI FAMILY TANZI FAMILY MARUGEN INRYO CO LTD TOSHOKU LTD GRAND METROPOLITAN PLC UNITED BISCUITS (HOLDINGS) PLC MITSUI & CO LTD PROSIT CADBURY SCHWEPPES PLC NESTLE SA CADBURY SCHWEPPES PLC PACORINI FINANZIARIA NISSHINBO INDUSTRIES LTD CONSOLTEX GROUP INC TSUZUKI SPINNING CO LTD BALLESTEROS FAMILY TOMEN CORP BASF AG TSUZUKI SPINNING CO LTD CA JA UK CA CA CA UK SO CA UK UK NL NZ SA CA UK NL El UK El SA UK AS FR NO FI GE UK NL JA NL NL IT IT JA JA UK UK JA VE UK SZ UK IT JA CA JA MX JA GE JA AM AM NP El OT AM AM AM AM AM AM JV AM AM OT AM OT El OT AM AM AM El El El AM AM OT AM El AM AM AM AM JV NP AM AM NP OT AM AM El NP PE AM NP AM AM OT NP VALUE ($ MILLION) 20.0 880.0 60.0 8.4 1162.0 21.0 11.1 120.5 150.0 40.2 4.8 3.8 1200.0 0.6 0.4 675.0 10.0 2.4 215.0 75.0 9.0 334.0 231.8 21.0 15.0 77.5 233.0 15.7 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE 2296 2311 2329 2335 2337 2399 2421 2452 2493 2511 2531 2653 2673 2674 2711 2721 2721 2721 2721 2721 2721 2754 2812 2813 2813 2816 2816 2819 2819 2819 2819 2819 2821 2821 2821 2821 2821 2821 2821 2834 2834 2834 2834 2834 2834 2834 2835 2836 2842 2844 2844 BRIDGESTONE/FIRESTONE INC HARTMARX CORP HAW I PARTY FORMALS INC'S AFTER FIVE SANKYO TECHNOTRIM INC NORBORD INDUSTRIES INC PLUM CREEK REMANUFACTURING JOINT VENTURE BHK OF AMERICA INC MASTER HOME FURNITURE CO DYNAMEC INC PRATT INDUSTRIES USA TOWER PACKAGING INTERSTATE PACKAGING CORP NEW YORK POST, THE HELLO L A STYLE SMALL FRIES ET AL SONY STYLE TEEN MAGAZINE USB CORP ARCATA CORP'S PLANTS (3) FORMOSA PLASTICS CORP AIRCO GASES INC AMERICAN CRYOGAS INDUSTRIES INC LOUISIANA PIGMENT CO PACKAGING COATINGS UNIT OF LILLY INDUS ACREON CATALYSTS INC CALGON WATER MANAGEMENT CONSOLIDATED MINERALS INC CORONET INDUSTRIES INC ORGANO SILICON BUSINESS ALLIANCE POLYMERS INC COLONIAL PLASTICS/SUMIKA POLYMERS AMER DAI KIN AMERICA INC GOODYEAR S POLYESTER RESIN BUSINESS HERCULES-SANYO INC MONSANTO CO'S SILICA BUSINESS N A INDUSTRIES INC ANERGEN INC BRITISH BIOTECHNOLOGY COPLEY PHARMACEUTICAL INC NOVEN PHARMACEUTICAL-RHONE POULENC JV SOLVAY PHARMACEUTICAL CO TOYAMA CHEMICAL CO UNITED STATES BIOCHEMICAL HUMAN GENOME SCIENCES INC SYNTEC ZEON LC CLOROX CO REDKEN LABORATORIES INC SEBASTIAN INTERNATIONAL KINGS MOUNTAIN CHICAGO MCCORMICK NEW YORK NEW YORK GLASGOW TUPELO SPOKANE HALIFAX COUNTY EUPORA WALTON CONYERS DEERFIELD WALDEN NEW YORK NEW YORK LOS ANGELES MIAMI NEW YORK NEW YORK NEW YORK CLARKSVILLE POINT COMFORT TERRELL PENNSAUKEN LAKE CHARLES INDIANAPOLIS HOUSTON PITTSBURGH PLANT CITY PLANT CITY DANBURY SOUTHFIELD DYERSBURG ORANGEBURG POINT PLEASANT JEFFERSON ST LOUIS CHATTANOOGA REDWOOD CITY ANNAPOLIS CANTON MIAMI MARIETTA NEW YORK CLEVELAND GAITHERSBURG LENEXA SHELBY CANOGA PARK WOODLAND HILLS NC IL SC NY NY KY MS WA VA MS KY GA IL NY NY NY CA FL NY NY NY TN TX TX NJ LA IN TX PA FL FL CT MI TN NY WV PA MO TN CA MD MA FL GA NY OH MD KS NC CA CA BRIDGESTONE CORP BAKHSH, ABDULLAH HAW I TOPSTYLE INTERNATIONAL HLDGS LTD SANKYO SEIKO CO LTD TACHI-S CO LTD BRONFMAN, EDWARD & PETER SUMITOMO CORP HOLZ & KINSTOFFBAU POSSE GMBH & CO KG MASTER DESIGN FUJI KOKI CO LTD ET AL PRATT FAMILY BOWATER PLC SATO, RYOEI & FAMILY NEWS CORP LTD HOLA LIMTHONGKUL, SONDHI GRAND METROPOLITAN PLC MORITA FAMILY LAGARDERE, JEAN-LUC & FILIPACCHI, DANIEL THOMSON FAMILY PELADEAU, PIERRE WANG, YUE-CHE & FAMILY BOC GROUP PLC HOECHST AG IMPERIAL CHEMICAL INDUSTRIES PLC IMPERIAL CHEMICAL INDUSTRIES PLC FRANCE, GOVERNMENT OF ENGLISH CHINA CLAYS PLC ONODA CHEMICAL INDUSTRY CO LTD ET AL ONODA CHEMICAL INDUSTRY CO LTD ET AL GROUPE AXA SA MITSUBISHI KASEI CORP SUMITOMO CHEMICAL CO LTD DAIKIN INDUSTRIES LTD ROYAL DUTCH SHELL GROUP SANYO CHEMICAL INDUSTRIES LTD BRONFMAN FAMILY NIPPON SHOKUBAI CO LTD NOVO NORDISK A/S BRITISH BIOTECHNOLOGY GROUP PLC HOECHST AG FRANCE, GOVERNMENT OF SOLVAY & CIE SA TOYAMA CHEMICAL CO LTD AMERSHAM INTERNATIONAL PLC SMITHKLINE BEECHAM PLC NIPPON ZEON CO LTD HENKEL FAMILY BETTENCOURT, LILIANE WELLA AG JA SA GE HK JA JA CA JA GE TW JA AS UK JA AS SP TH UK JA FR CA CA TW UK GE UK UK FR UK JA JA FR JA JA JA NL JA CA JA NO UK GE FR BE JA UK UK JA GE FR GE NP AM NP AM OT NP NP PE NP NP NP NP AM El AM OT AM OT OT JV AM AM PE NP AM JV AM JV AM AM OT AM JV JV OT AM NP AM PE AM OT AM JV PE OT AM AM JV NP AM AM VALUE ($ MILLION) 20.0 30.0 80.0 1.5 3.5 9.0 75.0 0.3 25.0 84.5 947.0 21.0 14.0 205.0 71.5 48.8 307.5 300.0 10.0 3.7 12.0 8.0 546.0 15.0 125.0 SIC US FIRM NAME LOCATION 2851 2865 2869 2869 2869 2869 2869 2893 2893 2899 2911 2911 2911 2911 2951 3011 3081 3081 3086 3086 3089 3143 3171 3211 3211 3231 3253 3264 3275 3312 3312 3317 3317 3317 3325 3356 3363 3369 3412 3429 3429 3462 3465 3469 3471 3493 3496 3499 3519 3524 3524 SPECIALTY COATINGS INTERNATIONAL INC REEDSPECTRUM INC AKZO CHEMICALS INC MEER CORP NISSEKI CHEMICAL TEXAS INC QUANTUM CHEMICAL CORP SOUTHCHEM INC INX INTERNATIONAL INK CO UNITED STATES PRINTING INK CORP SHIONOGI QUALICAPS INC CLARK OIL & REFINING CORP LYONDELL PETROCHEMICAL CO JV PEMEX-SHELL VENTURE ULTRAMAR INC AMOCO REFINERY YOKOHAMA RUBBER CO GUNZE CORP OF AMERICA RIKEN VINYL ARCO CHEMICALS-JSP J & V FOAM PRODUCTS TOYO FIBRE CO CLARKS JUDITH LEIBER INC AFG INDUSTRIES INC OI-NEG TV PRODUCTS INC BRITAX RAINSFORDS INC INTERCERAMIC CO TDK FERRITES CORP NATIONAL GYPSUM CO BETHLEHEM ROLL DOFASCO INC/CO-STEEL INC MILL DAMASCUS TUBE DIV OF SHARON STEEL CORP MIAMI INDUSTRIES TOFLE USA INC NUCOR-YAMATO STEEL CO TITANIUM METALS CORP OF AMERICA LONE STAR DIE CASTING CORP VIKING METALLURGICAL CORP CAJUN BAG & SUPPLY CO ALPHA TECHNOLOGY CORP SPX CORP'S TRUTH DIVISION OVAKO STEEL INC MAGNA INTERNATIONAL INC ENGINEERED SINTERED COMPONENTS INC M & T HARSHAW TOYOSHIMA SPECIAL STEEL USA U S TSUBAKI INC TOSOH SMD INC DETROIT DIESEL CORP FUJI HEAVY INDUSTRIES HONDA POWER EQUIPMENT MFG LAB RICHMOND HOLDEN PASADENA NORTH BERGEN PASADENA NEW YORK DURHAM KANSAS CITY EAST RUTHERFORD GREENSBORO ST LOUIS HOUSTON DEER PARK WILMINGTON SAVANNAH SALEM OLATHE TS VA MA TX NJ TX NY NC KS NJ NC MO TX TX CA GA VA KS NJ MONACO PA SAN BERNADINO CA NY NEW YORK CT WATERTOWN NEW YORK NY FORT WORTH TX COLUMBUS OH PORT HURON MI GARLAND TX OK SHAWNEE CHARLOTTE NC BETHLEHEM PA GALLATIN COUNTY KY PA GREENVILLE PI QUA OH TUALATIN OR AR BLYTHEVILLE HENDERSON NV NEW BRAUNFELS TX RENO NV CROWLEY LA MI HOWELL MN OWATONNA SC YORK SC GREENVILLE NC TROUTMAN SOMERSET NJ IN INDIANAPOLIS MA HOLYOKE OH GROVE CITY MI DETROIT IL CHICAGO NC SWEPSONVILLE FOREIGN INVESTOR NA TYPE BOWATER PLC SANDOZ AG AKZO NV FRUTAROM LTD NIPPON PETROCHEMICALS CO LTD HANSON PLC BRENNTAG AG SAKATA INX CO DAINIPPON INK & CHEMICALS INC SHIONOGI & CO LTD MUNKf PETER VENEZUELA, GOVERNMENT OF MEXICO, GOVERNMENT OF ET AL ULTRAMAR PLC VENEZUELA, GOVERNMENT OF YOKOHAMA RUBBER CO LTD GUNZE LTD RIKEN VINYL INDUSTRY CO LTD JSP CORP JSP CORP TOYO FIBRE CO LTD C & J CLARK TIME PRODUCTS PLC ASAHI GLASS CO LTD NIPPON ELECTRIC GLASS CO LTD BSC INTERNATIONAL PLC INTERCERAMIC CO TDK CORP LAFARGE COPPEE SA FRANCE, GOVERNMENT OF DOFASCO INC/CO-STEEL INC MARCEGAGLIA SPA FRANCE, GOVERNMENT OF TOFLE CO INC YAMATO KOGYO CO LTD TOHO TITANIUM CO LTD COATS VIYELLA GROUP PLC JOHNSON & FIRTH BROWN PLC INTERTAPE POLYMER GROUP INC NISSAN MOTOR CO LTD FKI PLC OVAKO STEEL OY AB MAGNA INTERNATIONAL INC SUMITOMO ELECTRIC INDUSTRIES LTD FRANCE, GOVERNMENT OF TOYOSHIMA SPECIAL STEEL CO LTD TSUBAKIMOTO CHAIN CO TOSOH CORP DAIMLER-BENZ AG FUJI HEAVY INDUSTRIES LTD HONDA MOTOR CO LTD UK SZ NL IS JA UK GE JA JA JA CA VE MX UK VE JA JA JA JA JA JA UK UK JA JA UK MX JA FR FR CA IT FR JA JA JA UK UK CA JA UK SW CA JA FR JA JA JA GE JA JA AM OT NP AM NP AM AM NP AM NP El AM PE PE AM PE NP OT El PE OT OT AM El El NP NP PE AM PE NP AM AM PE PE NP AM AM AM PE AM PE NP PE El PE PE NP AM OT OT VALUE ($ MILLION) 434.0 23.2 3200.0 8.6 20.0 100.0 320.0 1000.0 125.0 6.0 17.0 1010.0 135.0 76.0 12.2 76.0 1.5 300.0 13.9 15.0 4.7 98.0 70.0 12.0 3.7 102.5 9.1 40.0 7.5 16.0 40.0 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE 3531 3535 3537 3541 3541 3544 3545 3546 3555 3559 3563 3564 3567 3569 3571 3571 3571 3571 3572 3572 3572 3575 3577 3577 3577 3577 3577 3579 3585 3586 3592 3621 3629 3645 3647 3651 3652 3652 3652 3652 3661 3661 3661 3661 3661 3661 3663 3669 3669 3671 3672 EUCLID-HITACHI HEAVY EQUIPMENT INC MURATA AUTOMATED SYSTEMS INC OTTAWA TRUCK CORP TIPTON-VIBRA TOSHIBA TUNGALOY AMERICAN MOLD TECHNOLOGIES INC OKUMA AMERICA MAKITA CORP AMERICAN TECHNOLOGY INDUSTRIES LTD VAN DORN CO'S PLASTIC MACHINERY CO ENERGY INDUSTRIES INC PRESSURE SYSTEMS INC INDUSTRIAL COMMERCIAL EQUIPMENT REXNORD INC AMDAHL CORP EVEREX SYSTEMS INC PACKARD BELL ELECTRONICS INC SHINKO-MICROMODULE CORE INTERNATIONAL INC KAO INFOSYSTEMS CO MAXTOR CORP CANON INC APPLIED DISPLAY TECHNOLOGY INC EASTMAN KODAK'S PRINTER PRODUCTS DIV HAL COMPUTER SYSTEMS INC HITACHI MAXELL NEC CORP ACCOUNTANTS SUPPLY HOUSE MARLEY CO EBARA INTL CORP U S ENGINE VALVE CORP HOJO CO JOINT VENTURE UNITED SOLAR SYSTEMS CORP GTE'S SYLVANIA LIGHTING BUSINESS NORTH AMERICAN LIGHTING INC PHILIPS DIGITAL VIDEOCOMMUNICATIONS SYST AMERICAN HELIX TECHNOLOGY CORP MOTOWN RECORD CO PENDULUM RECORDS TRISTAR MUSIC GROUP ALCATEL DATA NETWORKS AMERICAN OFFICE EQUIPMENT CO FUTURETEL INC TANDY'S TNC CO TELAUTOGRAPH CORP’S OMNI FAX EQUIP BUS WIRELESS ACCESS INC GENERAL MAGIC INC APA TECHNOLOGY INC LANSON INDUSTRIES INC HITACHI MEGATOOL INC CLEVELAND CHARLOTTE WICHITA HAMILTON ITASCA MT CLEMONS CHARLOTTE BUFORD CHESAPEAKE STRONGSVILLE CORPUS CHRISTI GREENSBORO BOLIVAR MILWAUKEE SUNNYVALE FREMONT CHATSWORTH CUPERTINO BOCA RATON FREMONT SAN JOSE COSTA MESA SANTA CLARA DAYTON CAMPBELL SAN DIEGO ROSEVILLE OH NC KS OH IL MI NC GA VA OH TX NC TN WI CA CA CA CA FL CA CA CA CA OH CA CA CA KANSAS CITY SPARKS WESTMINSTER DENVER NEWPORT NEWS DANVERS FLORA KNOXVILLE LANCASTER LOS ANGELES NEW YORK NEW YORK RESTON FAIRFIELD SAN JOSE FORT WORTH LOS ANGELES SAN JOSE MOUNTAIN VIEW HUNTINGTON BCH MUSKEGON GREENVILLE BUENA PARK KS NV SC CO VA MA IL TN PA CA NY NY VA NJ CA TX CA CA CA CA WI SC CA HITACHI CONSTRUCTION MCHY CO LTD ET AL MURATA MACHINERY LTD SISU TIPTON MFG CORP TOSHIBA CORP GIFU DIE & MOLD ENGINEERING CO LTD OKUMA CORP MAKITA CORP NITTO KOGYO MANNESMANN AG NOREX PLC POWELL DUFFRYN PLC INDUSTRIAL COMMERCIAL EQUIPMENT INC BTR PLC FUJI ELECTRIC CO LTD WANG, YUE-CHE & FAMILY FRANCE, GOVERNMENT OF SHINKO ELECTRIC INDUSTRIES CO LTD MORITA FAMILY KAO CORP HYUNDAI ELECTRONICS IND CO CANON INC KOMATSU LTD SCITEX CORP FUJI ELECTRIC CO LTD HITACHI LTD NEC CORP HANSON PLC CANADIAN PACIFIC LTD EBARA CORP NITTAN VALVE CO LTD HOJO CO LTD CANON INC SIEMENS AG ET AL KOITO MFG CO LTD ET AL PHILIPS NV KAO CORP PHILIPS ELECTRONICS NV THORN EMI PLC MORITA FAMILY ALCATEL NV RICOH CORP JAPAN TOBACCO INC ET AL NOKIA CORP DANKA BUSINESS SYSTEMS PLC KAWASAKI STEEL CORP MATSUSHITA FAMILY ET AL HOCHIKI CORP NABCO LTD HITACHI LTD UNION TOOL CO LTD JA JA FI JA JA JA JA JA JA GE UK UK CA UK JA TW FR JA JA JA KS JA JA IS JA JA JA UK CA JA JA JA JA GE JA NL JA NL UK JA FR JA JA FI UK JA JA JA JA JA JA OT NP AM JV NP JV PE PE NP AM AM AM NP AM El AM AM OT El NP AM OT AM AM El PE PE AM AM NP PE JV JV AM PE OT AM AM AM OT JV AM JV El AM AM JV OT AM PE PE VALUE ($ MILLION) 1.9 175.0 8.8 2.7 204.3 1200.0 150.0 35.0 70.0 50.0 12.7 87.0 340.0 3.8 30.0 1200.0 4.0 301.0 33.2 8.0 18.5 6.6 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE 3674 3674 3679 3694 3694 3694 3695 3695 3711 3711 3711 3713 3714 3714 3714 3714 3714 3714 3714 3714 3827 3829 3841 3841 3841 3842 3845 3845 3845 3861 4011 4011 4013 4222 4225 4226 4412 4412 4412 4412 4412 4412 4481 4491 4491 4491 4493 4512 4512 4512 4512 CYPRESS SEMICONDUCTOR'S ROSS TECHNOLOGY HARRIS MICROWAVE SEMICONDUCTOR WEISS SCIENTIFIC GLASS BLOWING CO ASMO OF N C INC SUMITOMO ELECTRIC WIRING SYSTEMS INC SUMITOMO ELECTRIC WIRING SYSTEMS INC APPLIED MAGNETICS’ OPTICAL PRODUCTS DIV TANDY'S MEMTEK PRODUCTS DIVISION ANAHEIM INDUSTRIES INC HONDA OF AMERICA MANUFACTURING INC NISSAN LOGISTICS CORP FREIGHTLINER CORP ALLIED SIGNAL TRUCK BRAKE SYSTEMS CO BODINE ALUMINUM INC FINDLEX CORP INDIANA PRECISION TECHNOLOGY INC LUCAS SUMITOMO BRAKES INC MAGNESIUM PRODUCTS OF AMERICA INC NEW UNITED MOTOR MFG INC (NUMMI) SANKO-PETERSON CORP TOKINA OPTICAL LTD LUXTRON CORP CIBA VISIONS OPTICS DURA PHARMACEUTICALS’ DEVICE DIV GREISHABER CONCO PARI RESPIRATORY EQUIPMENT INC PB DIAGNOSTIC SYSTEMS INC PHOENIX LASER SYSTEMS MENICON CORP DETROIT-WINDSOR RAILROAD TUNNEL PORT HURON-SARNIA PROJECT GRAND TRUNK WESTERN RAILROAD’S TERMINAL SEAFREEZE COLD STORAGE INC EEMTRANS (USA) LTD MITSUBISHI MOTORS AMERICA INC A P MOLLER-MAERSK LINE EES SHIPPING USA FREIGHT CONNECTION INC HYUNDAI AMERICA SHIPPING AGENCY MAERSK INC SAGA FOREST CARRIERS INTERNATIONAL REGENCY CRUISES INC CALIFORNIA UNITED TERMINALS PORT OF LOS ANGELES COAL TERMINAL SCANFREIGHT INC UNIVERSAL MARITIME SERV CORP/MAERSK INC CONTINENTAL AIRLINES INC KIWI INTERNATIONAL AIRLINES NIPPON CARGO AIRLINES USAIR GROUP INC AUSTIN MILPITAS PORTLAND STATESVILLE MORGANTOWN EDMONTON MONUMENT FORT WORTH HOUSTON MARYSVILLE SMYRNA PORTLAND ELYRIA TROY FINDLAY GREENFIELD LEBANON LANSING FREMONT RICHMOND COMPTON SANTA CLARA ATLANTA SAN DIEGO ATLANTA ROCK HILL RICHMOND WESTWOOD SAN FRANCISCO CLOVIS DETROIT PORT HURON DETROIT SEATTLE HOUSTON BRIDGEPORT BALTIMORE LONG BEACH TAMPA SEATTLE KANSAS CITY NORCROSS NEW YORK LONG BEACH LOS ANGELES CHELSEA BALTIMORE HOUSTON NEWARK ATLANTA ARLINGTON TX CA OR NC KY KY CO TX TX OH TN OR OH MO OH IN OH MI CA IN CA CA GA CA GA NC VA MA CA CA MI MI MI WA TX NJ MD CA FL WA KS GA NY CA CA MA MD TX NJ GA VA FUJI ELECTRIC CO LTD SAMSUNG ELECTRONICS CO LTD TOSOH CORP ASMO CO LTD SUMITOMO ELECTRIC INDUSTRIES LTD SUMITOMO ELECTRIC INDUSTRIES LTD NAKAMICHI CORP HANNY MAGNETICS HOLDINGS LTD MANGINO INDUSTRIAL GROUP HONDA MOTOR CO LTD NISSAN MOTOR CO LTD DAIMLER-BENZ AG KNORR-BREMSE AG TOYOTA MOTOR CORP NISSHIN KOGYO CO LTD HONDA MOTOR CO LTD ET AL SUMITOMO ELECTRIC INDUSTRIES LTD MERIDIAN TECHNOLOGIES INC TOYOTA MOTOR CORP SUNCALL CORP HOYA CORP FAIREY GROUP PLC CIBA-GEIGY AG PARI WERKE GMBH GREISHABER CONCO PARI WERK GMBH BEHRINGWERKE AG PRC, GOVERNMENT OF MENICON CORP CANADA, GOVERNMENT OF CANADA, GOVERNMENT OF CANADA, GOVERNMENT OF TOYO SUISAN KAISHA LTD EEMTRANS GROUP MITSUBISHI MOTORS CORP MOLLER FAMILY EES SHIPPING (AUSTRALIA) LTD VITRAN CORP HYUNDAI MERCHANT MARINE LTD MOLLER FAMILY SAGA FOREST CARRIERS INTERNATIONAL A/S LELAKIS GROUP JU-YUNG, CHUNG JAPAN, GOVERNMENT OF BILSPEDITION AB MOLLER FAMILY AIR CANADA ROMAERO SA NIPPON CARGO AIRLINES CO LTD BRITISH AIRWAYS PLC JA KS JA JA JA JA JA HK MX JA JA GE GE JA JA JA JA CA JA JA JA UK SZ GE SZ GE GE GE CH JA CA CA CA JA NL JA DA AS CA KS DA NO GR KS JA SW DA CA RO JA UK AM AM El PE PE PE AM AM AM PE PE PE JV NP PE PE PE NP PE JV AM AM OT AM OT NP NP El AM NP OT OT OT OT OT OT OT OT El OT OT OT El AM JV OT OT El AM OT El VALUE ($ MILLION) 23.0 14.0 30.0 7.4 7.4 64.0 25.0 58.0 60.0 21.6 9.3 35.0 25.5 0.5 12.7 14.0 1.4 4.5 30.0 150.0 7.2 6.5 2.0 49.0 58.8 125.1 1.0 300.0 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR 4581 4581 4724 4731 4731 4731 4731 4731 4731 4731 4731 4731 4812 4813 4813 4813 4813 4813 4813 4813 4832 4833 4833 4841 4841 4841 4841 4841 4841 4899 4899 4899 4899 4922 4939 4941 4941 4953 4953 5012 5012 5012 5013 5032 5045 5047 5048 5049 5051 5063 5064 AIRFLITE INC NIPPON CARGO AIRLINES TERMINAL VITA USA INC KUEHNE & NAGEL INC KUEHNE & NAGEL INC KUEHNE & NAGEL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC PACTEL CORP-MCCAW CELLULAR COMM VENTURE BT MARINE CABLE & WIRELESS INC INTERACTIVE TRANSACTION PARTNERS SINGAPORE TELECOM USA SOLAN TELECOMMUNICATIONS TELEFONICA LARGA DIST DE PUERTO RICA WORLDPARTNERS ASSOCIATION WARNER/SONY/DIGITAL CABLE RADIO VENTURE CBS NEWS-NEWS CORP VENTURE WGBS CHANNEL 57 FX CABLE CHANNEL GAME SHOW CHANNEL MEDICAL NEWS NETWORK SEGA CHANNEL WIRELESS HOLDINGS INC WIRELESS TV-TAMPA BAY INC IRIDIUM INC ORBCOMM PANAMSAT LP SEA LAUNCH SERVICES MAYFLOWER PIPELINE TRANSCO ENERGY VENTURES CO AMERICAN ANGLICAN ENVIRON TECHNOLOGIES AM-TEX CORP ARK INC WASTE TECHNOLOGIES INDUSTRIES GULF STATES TOYOTA INC MAZDA MOTOR MANUFACTURING (USA) CORP UAZ OF AMERICA INC TOYOTA MOTOR SALES USA INC HEBEL LP I 0 DATA DEVICE INC TOKYO EMIX CORP CADORE MODA USA K B I AMERICA INC MITSUI STEEL TECHNOLOGIES ENSEC INC KENWOOD CORP LOS ANGELES NEW YORK HONOLULU TULSA LAREDO INDIANAPOLIS BUFFALO DETROIT NIAGARA FALLS CHAMPLAIN PORT HURON BLAINE SAN FRANCISCO RESTON VIENNA CLIFTON WESTPORT MIAMI SAN JUAN NEW YORK HATBORO NEW YORK PHILADELPHIA HOLLYWOOD NEW YORK KNOXVILLE NEW YORK TAMPA BAY TAMPA BAY WASHINGTON DULLES GREENWICH WASHINGTON BOSTON HOUSTON . VOORHEES HOUSTON GEORGETOWN EAST LIVERPOOL N HARRIS COUNTY FLAT ROCK ANNAPOLIS FREEMONT ATLANTA SAN JOSE PHILADELPHIA WEST DADE CA NY HI OK TX IN NY MI NY NY MI WA CA VA VA NJ CT FL PR NY PA NY PA CA NY TN NY FL FL DC VA CT DC MA TX NJ TX KY OH TX MI MD CA GA CA PA FL FL TN FL CA JA TOYOTA MOTOR CORP JA ALL NIPPON AIRWAYS ET AL JA TOKYO TOURIST CORP ET AL SZ KUEHNE & NAGEL SZ KUEHNE & NAGEL SZ KUEHNE & NAGEL CA IVEY FAMILY CA IVEY FAMILY CA IVEY FAMILY CA IVEY FAMILY CA IVEY FAMILY CA IVEY FAMILY UK UNITED KINGDOM, GOVERNMENT OF UK UNITED KINGDOM, GOVERNMENT OF UK CABLE AND WIRELESS PLC FR FRANCE, GOVERNMENT OF SN SINGAPORE TELECOM GROUP SOLAN TELECOMMUNICATIONS & COMPUTERS LTD IS SP SPAIN, GOVERNMENT OF JA KOKUSAI DENSHIN DENWA CO LTD ET AL JA MORITA FAMILY AS NEWS CORP LTD ET AL AS NEWS CORP LTD AS NEWS CORP LTD JA MORITA FAMILY PHILIPS GLOEILAMPENFABRIKEN NV NL JA SEGA ENTERPRISES LTD CA GROUPE VIDEOTRON LTEE GROUPE VIDEOTRON LTEE CA NIPPON IRIDIUM CORP ET AL JA CA TELEGLOBE INC MX AZCARRAGA, EMILIO RS RUSSIA, GOVERNMENT OF CA BCE INC UK NATIONAL POWER PLC UK ANGLIAN WATER PLC UK SEVERN TRENT LTD JA TOYOTA TSUSHO CORP SZ VON ROLL AG JA TOYOTA MOTOR CORP JA MAZDA MOTOR CORP RS LEZHANKIN, PAVEL ET AL JA TOYOTA MOTOR CORP GE HEBEL INTERNATIONAL GMBH & CO JA I 0 DATA DEVICE INC JA TOKYO EMIX CORP IT CADORE MODA JA KIRIN BREWERY CO LTD JA MITSUI & CO LTD ET AL UK DE LA RUE JA TRIO-KENWOOD CORP JEFFERSON CITY BOCA RATON LOS ANGELES NA TYPE OT OT OT OT OT OT OT OT OT OT OT OT JV OT OT JV OT OT AM JV JV JV AM OT JV OT JV JV AM JV JV AM JV JV AM JV AM NP NP OT OT JV OT OT OT OT OT OT OT OT OT VALUE ($ MILLION) 22.0 43.5 141.6 11.0 53.0 240.0 80.0 200.0 150.0 10.0 13.7 75.0 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYF 5065 5084 5084 5091 5093 5099 5122 5122 5122 5136 5137 5139 5139 5169 5169 5181 5181 5191 5211 5311 5331 5411 5411 5441 5541 5541 5611 5611 5621 5621 5621 5621 5621 5632 5632 5632 5632 5632 5651 5651 5651 5651 5651 5651 5651 5651 5651 5699 5699 5735 5735 SONY ELECTRONICS INC HEIDELBERG USA INC KONIG AMERICA INC VOIT CORP RECYCLING DEPOT LIVE ENTERTAINMENT INC MARION MERRELL DOW/MITSUBISHI KASEI JV WARNER-GLAXO VENTURE WARNER-WELLCOME CONSUMER HEALTH PRODUCTS OCEAN PACIFIC SUNWEAR LTD TURIYA INC DIEGO DELLA VALLE ROSELLE TOWN POINT CHARLOTTE FAIRPORT DULUTH LOS ANGELES NEW YORK MORRIS PLAINS MORRIS PLAINS IRVINE NEW YORK NEW YORK PORTLAND ST PAUL HOUSTON MEMPHIS GOLDEN CHESAPEAKE DETROIT NEW YORK NEW YORK PHOENIX MANASSAS NEW YORK IL GA NC NY GA CA NY NJ NJ CA NY NY OR MN TX TN CO VA MI NY NY AZ VA NY FL KS NY NY NY NY VA NY VA CA NY NY NY CA TX CA TX CA NV CA CA VT NY MORITA FAMILY HEIDELBERGER DRUCKMASCHINEN AG KONIG MASCHINEN USAHA TEGAS SDN BDH ATWOODS PLC PIONEER ELECTRONIC CORP MITSUBISHI KASEI CORP GLAXO HOLDINGS PLC WELLCOME PLC GOVETT & CO PLC TAJ INTERNATIONAL DIEGO DELLA VALLE ADIDAS AG NIPPON FINE CHEMICAL CO LTD METALLGESELLSCHAFT AG LION NATHAN LION, NATHAN SAMEN MAUSER WOLSELEY PLC AL SAUD, ALWALEED ET AL TAKASHIMAYA CO LTD AL SAUD, ALWALEED ET AL DELHAIZE LELION SA TORAYA CONFECTIONERY LTD ROYAL DUTCH SHELL GROUP FRANCE, GOVERNMENT OF FACCONABLE ALBERTO BIANI & SANDRO DALPRA FERRE, GIANFRANCO MALO OTTO, WERNER FAMILY STILE MODA JUSCO CO WERTHEIMER FAMILY TAMURA, HITOSHI MANIFATTURE ASSOCIATE CASHMERE SPA SIMINT SPA SAINT LAURENT, YVES ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO ISETAN CO LTD MORITA FAMILY GIANNI VERSACE SPA AL SAUD, ALWALEED ET AL BRANSON, RICHARD JA GE AU MY UK JA JA UK UK UK IN AR GE JA GE NZ NZ SZ UK SA JA SA BE JA NL FR FR IT IT IT GE IT JA FR JA IT IT FR IT IT IT IT IT IT IT IT JA JA IT SA UK OT OT OT AM JV AM JV JV JV AM OT OT AM OT JV JV JV AM AM AM OT AM OT OT AM AM JV OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT AM JV ($ MILLION) cprjR TQ Tw r NIPPON FINE CHEMICAL CO RNG CORP COORS-LION UNIBEV LTD W R VANDERSCHOOT INC ERB LUMBER CO SAKS FIFTH AVE TAKASHIMAYA NEW YORK CIRCLE K CORP FOOD LION INC TORAYA CONFECTIONERY SUPERAMERICA CONVENIENCE GASOLINE STORES TOWN & COUNTRY CONVENIENCE STORES (63) WICHITA FACCONABLE NEW YORK NEW YORK STAFF USA NEW YORK NEW YORK FERRE'S BOUTIQUE MALO NEW YORK SPIEGEL OUTLET STORES POTOMAC MILLS STILE MODA USA INC NEW YORK PENTAGON CITY TALBOTS PETITES CHANEL INC BEVERLY HILLS HITOSHI TAMURA'S CHIRIMEN NEW YORK MANIFATTURE ASSOCIATE CASHMERE NEW YORK SIMINT FASHION CORP NEW YORK YSL BOUTIQUE BEVERLY HILLS ARMANI A/X STORE HOUSTON ARMANI A/X STORE PALO ALTO ARMANI A/X STORE DALLAS ARMANI A/X STORE SAN FRANCISCO ARMANI A/X STORE LAS VEGAS PASADENA ARMANI A/X STORE EMPORIO ARMANI BEVERLY HILLS GIORGIO ARMANI GENERAL STORE MANCHESTER NEW YORK ISETAN SONY SIGNATURES DIV VERSACE JEANS COUTURE MIAMI CAMELOT MUSIC INC NORTH CANTON VIRGIN MEGASTORE COSTA MESA FL OH CA 13.5 21.0 78.0 100.0 100.0 402.5 I Ln vo I 350.0 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE 5812 5812 5942 5943 5943 5944 5944 5944 5948 5948 6036 6036 6081 6081 6091 6153 6153 6153 6159 6211 6211 6211 6221 6221 6282 6311 6331 6411 6512 6531 6531 6712 6712 6719 6722 7011 7011 7011 7011 7011 7011 7011 7011 7011 7011 7011 7011 7359 7363 7371 7371 GENKI SUSHI ROASTERS CORP ASAHIYA OFFICE DEPOT INC OFFICE DEPOT INC BUCCELLATI BULGARI CORP OF AMERICA TIFFANY & CO BOTTEGA VENETA BOUTIQUE MCM EAST RIVER SAVINGS BANK NEW ENGLAND SAVINGS BANK BANCO DE SABADELL TURKIYE VAKIFLAR BANKASI NORTH AMERICAN TRUST CO GENERAL ELECTRIC CAPITAL AUTO LEASE INC JCB BANK NA JTA FACTORING INC MITSUI VENDOR LEASING (USA) INC ARSHT & CO INC REICH & COMPANY RODMAN & RENSHAW RB&H INC. TAIYO GENERAL CO LTD MAT IF ACUMA INSURANCE UNIT OF AMERICAN EXPRESS ZURICH REINSURANCE CENTRE HOLDINGS INC SEDGWICK PAYNE CO BLOCKBUSTER ENTERTAIN-AMPHITHEATERS JV CAMIDOR PROPERTY MANAGEMENT LYON COMMERCIAL REAL ESTATE BOSTON FIVE BANCORP NEWORLD BANCORP HOME HOLDINGS QUANTUM REALTY FUND DAYS INN DAYS INN DORAL OCEAN BEACH RESORT HELMSLEY PALACE HOLIDAY INN CROWNE PLAZA HOTEL KITANO HOTEL- LA INTERNATIONAL AIRPORT MARRIOTT HOTEL PRINCE GEORGE HOTEL RAMADA INN- SF INTERNATIONAL AIRPORT STONELEIGH HOTEL STOUFFER VINOY RESORT AUTOSTACK PARTNERS LP TEMP FORCE INC AMERICAN REAL-TIME SERVICES INC AXXIS SOFTWARE INC HONOLULU FORT LAUDERDALE NEW YORK ALEXANDRIA WASHINGTON NEW YORK LAS VEGAS BAL HARBOUR COSTA MESA NEW YORK WESTCHESTER CTY NEW LONDON MIAMI MANHATTEN SAN DIEGO STAMFORD LOS ANGELES GREENVILLE SAN FRANCISCO NEW YORK NEW YORK CHICAGO CHICAGO NEW YORK NEW YORK NEW YORK NEW YORK BLOOMINGTON FT LAUDERDALE PHOENIX PHOENIX BOSTON BOSTON NEW YORK NEW YORK DETROIT HOUSTON MIAMI BEACH NEW YORK STAMFORD NEW YORK LOS ANGELES HOUSTON NEW YORK SAN FRANCISCO DALLAS ST PETERSBURG OSWEGO ATLANTA NEW YORK HAVERFORD HI FL NY VA DC NY NV FL CA NY NY CT FL NY CA CT CA SC CA NY NY IL IL NY NY NY NY MN FL AZ AZ MA MA NY NY MI TX FL NY CT NY CA TX NY CA TX FL OR GA NY PA GENKI SUSHI BERJAYA GROUP BERHAD ASAHIYA FOURNIER, JACQUES ET AL FOURNIER, JACQUES ET AL BUCCELLATI FAMILY BULGARI FAMILY MITSUKOSHI LTD BOTTEGA VENETA SPA MCM NATIONAL WESTMINISTER BANK PLC ROYAL BANK OF SCOTLAND BANCO DE SABADELL TURKIYE VAKIFLAR BANKASI GOVETT & CO PLC ISUZU MOTORS LTD JCB CO LTD ACCORD FINANCIAL CORP MITSUI & CO LTD THE HAMBRO GROUP FAHNESTOCK VINER HOLDINGS INC ABACO CASA DE BOLSA BAKHSH, ABDULLAH TAHA TAIYO GENERAL CO LTD MAT IF UNITED FRIENDLY GROUP PLC ZURICH INSURANCE CO SEDGWICK GROUP MORITA FAMILY COLLIERS MACAULEY NICOLLS INC COLLIERS MACAULEY NICOLLS INC ROYAL BANK OF SCOTLAND GROUP PLC ROYAL BANK OF SCOTLAND GROUP PLC TRYGG-HANSA SPP HOLDING AB REICHMANN, PAUL WORLD PLAN EXECUTIVE COUNCIL WORLD PLAN EXECUTIVE COUNCIL NU-SWIFT PLC BRUNEI, ROYAL FAMILY OF ORIENT HOTELS GROUP KITANO CONSTRUCTION CORP CENTRAL PLAZA HOTEL GROUP MUI GROUP THE ORIENT HOTEL GROUP PRC, GOVERNMENT OF MALAYSIAN INVESTORS CHINESE INVESTORS MITSUI & CO LTD RANDSTAD HOLDING NV REUTERS HOLDINGS PLC NEWS CORP LTD JA MY JA FR FR IT IT JA IT GE UK UK SP TU UK JA JA CA JA UK CA MX SA JA FR UK SZ UK JA CA CA UK UK SW CA NL NL UK BX TW JA TH MY TW CH MY TW JA NL UK AS OT AM OT OT OT OT OT OT OT OT AM AM OT OT AM JV OT AM OT JV AM AM AM OT OT AM OT AM JV AM AM AM AM El AM AM AM AM AM AM OT AM AM AM AM AM AM JV AM AM AM VALUE ($ MILLION) 8.8 685.0 3.8 3.0 16.0 23.1 20.1 300.0 95.0 144.3 163.0 634.0 0.7 2.0 27.3 203.0 4.3 36.0 10.0 18.0 8.0 3.0 29.0 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE 7371 7371 7371 7371 7372 7372 7373 7373 7383 7389 7521 7812 7812 7992 7993 7996 7997 7997 8071 8071 8092 8111 8611 8721 8731 8731 8731 8742 8742 8742 8743 9611 9611 9611 **** **** A.D.A.M. SOFTWARE INC FD CONSULTING INC MATSUSHITA ELECTRIC INDUSTRIAL CO LTD ZUKEN INC INTERPLAY PRODUCTIONS INC SPECULAR INTERNATIONAL INC DELPHI INTERNET SERVICES GALILEO INTERNATIONAL REUTERS-VARITY ENTERTAINMENT REPORT WHITE KNIGHT PACKAGING CORP SHOPPERS GARAGE CAROLCO PICTURES INC TIME WARNER INC TUSTIN RANCH GOLF CLUB BALLY'S ALADDIN’S CASTLE INC FLORIDA SPLENDID CHINA HUNTER'S CREEK GOLF COURSE WOODFIELD COUNTRY CLUB DOCTORS AND PHYSICIANS LABORATORIES ROCHE BIOMEDICAL LABORATORIES INC ABBOTT LABORATORIES- RENAL ANALYSIS DIV JUN HE LAW OFFICE MURCIA ARTHUR ANDERSON WORLDWIDE ORGANIZATION APPLIED IMMUNE SCIENCES INC CELLPRO INC OSMOTICA DEANGELUS SHAFFER & ASSOCIATES GERAGHTY & MILLER INC YARMOUTH GROUP INC JAPAN CORPORATE COMMUNICATIONS CO LTD AUSTRALIAN CONSULATE BRITISH CONSULATE TAIWAN TRADE CENTER 1111 BRICKELL AVENUE 1201 CONNECTICUT AVE NW 1540 BROADWAY 17 ACRES 305-313 EAST 43RD STREET 35 ACRES OF SOUTH POINTE 455 OCEAN DRIVE 545 ACRES 848 BRICKELL BUILDING 9 BLDGS-S'BRIDGE CTR & SULLIVAN INTL PK ANNAPOLIS MALL CENTER CLUB APARTMENTS CENTERMARK PROPERTIES CITYWALK CONSOL ENERGY INC EAGLE ROCK PLAZA EASTLAND SHOPPING CENTER ATLANTA NEW YORK LOS ANGELES SANTA CLARA IRVINE AMHERST CAMBRIDGE CHICAGO NEW YORK GRAND RAPIDS BOSTON LOS ANGELES NEW YORK ORANGE COUNTY FRANKLIN PARK ORLANDO ORLANDO BOCA RATON LEESBURG PENSACOLA CHICAGO NEW YORK MIAMI NEW YORK SANTA CLARA SEATTLE DAVIS WASHINGTON PLAINVIEW NEW YORK NEW YORK ATLANTA ORLANDO MIAMI MIAMI WASHINGTON NEW YORK SANTA ANA NEW YORK MIAMI BEACH MIAMI BEACH LOUDOUN COUNTY MIAMI ATLANTA ANNAPOLIS ONTARIO ST LOUIS LOS ANGELES WASHINGTON CTY LOS ANGELES LOS ANGELES GA NY CA CA CA MA MA IL NY MI MA CA NY CA IL FL FL FL FL FL IL NY FL NY CA WA CA DC NY NY NY GA FL FL FL DC NY CA NY FL FL VA FL GA MD CA MO CA PA CA CA PEARSON PLC CSK CORP MATSUSHITA FAMILY ZUKEN INC MATSUSHITA FAMILY SABARU INTERNATIONAL CO LTD NEWS LTD BRITISH AIRWAYS PLC ET AL REED ELSEVIER AND REUTERS HOLDINGS PLC TANZI FAMILY SIGNAL PACIFIC CORP PIONEER ELECTRONIC CORP ET AL BRONFMAN FAMILY SANYO FOODS INC NAMCO LTD HWANG'S INTERNATIONAL INC NISSHIN REAL ESTATE CO INC CANADA SQUARE MANAGEMENT SMITHKLINE BEECHAM PLC HOFFMAN & LA ROCHE FAMILIES FRESENIUS AG HE, JUN PROMOTIONAL INSTITUTE OF MURCIA ASAHI & CO LTD FRANCE, GOVERNMENT OF CORANGE INTERNATIONAL LTD QUADRANT HOLDINGS LTD IVEY FAMILY HEIDEMIJ HOLDING NV LEND LEASE CORP JAPAN CORPORATE COMMUNICATIONS CO LTD AUSTRALIA, GOVERNMENT OF UNITED KINGDOM, GOVERNMENT OF REPUBLIC OF CHINA, GOVERNMENT OF UNIDENTIFIED FOREIGN INVESTOR ITALIAN FAMILY MOHN, REINHARD FAMILY SHIMIZU AMERICAN CORP MALAYSIA, GOVERNMENT OF KRAMER, THOMAS DE AZOULAY, DANIEL TAKAHASHI, HARUNORI SPANISH INVESTORS GERMAN INVESTORS WESTFIELD HOLDINGS LTD AOKI CONSTRUCTION CO LTD WESTFIELD HOLDINGS LTD MATSUSHITA FAMILY RWE AG WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD UK JA JA JA JA JA AS UK UK IT SN JA CA JA JA CH JA CA UK SZ GE CH SP JA FR BD UK CA NL AS JA AS UK TW UN IT GE JA MY GE FR JA SP GE AS JA AS JA GE AS AS AM AM OT OT AM AM AM JV OT AM AM El AM AM AM AM AM AM AM PE AM OT OT OT AM AM JV AM AM AM OT OT OT OT RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE **** **** ★★★★ *★★★ **★* ★★★* **** **** **★* ★★★★ **** ★★★★ VALUE ($ MILLION) 18.5 60.0 0.5 1.0 11.6 120.0 1500.0 35.0 35.0 26.0 7.3 43.5 113.0 110.0 76.0 50.0 5.8 9.3 40.0 7.5 12.5 400.0 100.0 0.3 SIC US FIRM NAME LOCATION TS FOREIGN INVESTOR NA TYPE **** **** ★★★★ **★* ENFIELD SQUARE FACTORY MERCHANTS MALLS FLEA FAIR BUILDING GALLERIA INTERNATIONAL GOLDEN BEAR PLAZA IMPERIAL HOTEL LAGORCE PALACE CONDOMINIUM MAISON PACO RABANNE MERIDEN SQUARE MID RIVERS MALL MISSION VALLEY CENTER-EAST MISSION VALLEY CENTER-WEST MONTGOMERY MALL NATIONAL BANK OF WASHINGTON BUILDING NIGERIA HOUSE NORTH COUNTY FAIR ONE FANEUIL HALL PARKWOOD VILLAGE APARTMENTS PLAZA BONITA PLAZA CAMINO REAL POTOMAC MILLS SHOPPING CENTER ADDITION SOUTH COUNTY CENTER TEQUESTA BUILDING THE PLAZA AT W COVINA TOPANGA PLAZA TOWER PLACE VANCOUVER MALL WEST COUNTY CENTER WEST PARK MALL WESTCHESTER SHOPPING MALL WESTLAND CENTER W.D. GRANT BUILDING HARTFORD LOS ANGELES NORFOLK MIAMI PALM BEACH ATLANTA MIAMI BEACH MIAMI BEACH HARTFORD ST LOUIS SAN DIEGO SAN DIEGO BETHESDA WASHINGTON NEW YORK SAN DIEGO BOSTON MIDWEST CITY SAN DIEGO SAN DIEGO PRINCE WILLIAM ST LOUIS MIAMI LOS ANGELES LOS ANGELES ATLANTA PORTLAND ST LOUIS CAPE GIARDEAU WHITE PLAINS DENVER ATLANTA CT CA VA FL FL GA FL FL CT MO CA CA MD DC NY CA MA OK CA CA VA MO FL CA CA GA OR MO MO NY CO GA WESTFIELD HOLDINGS LTD ROTHSCHILD INC JIN GFAR FLAGLER 251 INC CAPITAL TRUST LTD EUROPEAN INVESTORS PACIFIC INTERNATIONAL EQUITIES EDEL SA WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD FRENCH INVESTOR NIGERIA, GOVERNMENT OF WESTFIELD HOLDINGS LTD EUROPEAN INVESTORS HENNING, C DOUGLASS WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD KAN AM WESTFIELD HOLDINGS LTD SWIRE PACIFIC LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD PHILIPP HOLZMANN AG WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD NOMURA REAL ESTATE LTD WESTFIELD HOLDINGS LTD GERMAN INVESTOR AS SZ HK PA UK UN CA BR AS AS AS AS AS FR NI AS UN UK AS AS GE AS HK AS AS GE AS AS AS JA AS GE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE **** **★* **** **** **** **** ★★★★ *★** ★★★★ ★★★★ **** ★★★★ **★* **** ***★ VALUE ($ MILLION) 75.0 6.0 10.0 44.3 5.7 60.0 18.0 32.0 22.6 1.0 30.0 36.0 80.0 3.0 01 02 07 08 09 10 12 13 14 15 16 17 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 STANDARD INDUSTRIAL CLASSIFICATION (SIC) REFERENCE TABLE Description Agriculture Agricultural Production-Corps Agriculture Production-Livestock Agricultural Services Forestry Fishing, Hunting, and Trapping Mining Metal Mining Coal Mining Oil and Gas Extraction Nonmetallic Minerals, except Fuels Construction General Building Contractors Heavy Construction Contractors Special Trade Contractors Manufacturing Food and Kindred Products Tobacco Products Textile Mill Products Apparel and Other Textile Products Lumber and Wood Products, except Furniture Furniture and Fixtures Paper and Allied Products Printing and Publishing Chemicals and Allied Products Petroleum Refining and Related Coal Industries Rubber and Miscellaneous Plastics Products Leather and Leather Products Stone, Clay, Glass, and Concrete Products Primary Metal Industries Fabricated Metal Products Industrial and Commercial Machinery and Computer Equipment 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 S.I.C. Reference Table Continued Description Manufacturing (conO Electronic and Electric Equipment Transportation Equipment Instruments and Related Products Miscellaneous Manufactures Transportation. Communications, and Utilities Railroad Transportation Local and Interurban Passenger Transit Trucking and Warehousing United States Postal Service Water Transportation Transportation by Air Pipelines, except Natural Gas Transportation Services Communications Electric, Gas, and Sanitary Services Wholesale Trade Wholesale Trade-Durable Goods Wholesale Trade-Nondurable Goods Retail Trade Building Materials, Hardware, and Garden Supplies General Merchandise Stores Food Stores Automotive Dealers and Service Stations Apparel and Accessory Stores Home Furniture and Furnishings Stores Eating and Drinking Places Miscellaneous Retail Finance. Insurance, and Real Estate Depository Institutions Nondepository Credit Institutions Security and Commodity Brokers Insurance Carriers SIC 64 65 67 70 72 73 75 76 78 79 80 81 82 83 84 86 87 88 89 91-97 99 S.I.C. Reference Table Continued Description Finance. Insurance, and Real Estate (cont.) Insurance Agents, Brokers, and Service Real Estate Holding and Other Investment Offices Services Hotels and Other Lodging Places Personal Services Business Services Automotive Repair, Services, and Parking Miscellaneous Repair Services Motion Pictures Amusement and Recreation Services Health Services Legal Services Educational Services Social Services Museums, Botanical Gardens, etc. Membership Organizations Engineering, Accounting, Management, and Related Services Private Households Miscellaneous Services Public Administration Administration Nonclassifiable Establishments Nonclassifiable Establishments APPENDIX B LISTING OF INVESTMENT TRANSACTIONS BY SOURCE COUNTRY NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE AR AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AU BD BE BE BR BX CA CA CA CA CA CA CA CA CA CA CA CA CA DIEGO DELLA VALLE ANNAPOLIS MALL AUSTRALIAN CONSULATE AXXIS SOFTWARE INC CBS NEWS-NEWS CORP VENTURE CENTERMARK PROPERTIES DELPHI INTERNET SERVICES EAGLE ROCK PLAZA EASTLAND SHOPPING CENTER EES SHIPPING USA ENFIELD SQUARE FX CABLE CHANNEL MAGELLAN PETROLEUM CORP MERIDEN SQUARE MID RIVERS MALL MISSION VALLEY CENTER-EAST MISSION VALLEY CENTER-WEST MONTGOMERY MALL NEW YORK POST, THE NORTH COUNTY FAIR PLAZA BONITA PLAZA CAMINO REAL PRATT INDUSTRIES USA SOUTH COUNTY CENTER THE PLAZA AT W COVINA TOPANGA PLAZA VANCOUVER MALL WEST COUNTY CENTER WEST PARK MALL WESTLAND CENTER WGBS CHANNEL 57 YARMOUTH GROUP INC KONIG AMERICA INC CELLPRO INC FOOD LION INC SOLVAY PHARMACEUTICAL CO MAISON PACO RABANNE HELMSLEY PALACE ARCATA CORP'S PLANTS (3) ATLAS CORP CAJUN BAG & SUPPLY CO CAMI DOR PROPERTY MANAGEMENT CLARK OIL & REFINING CORP CONOCO INC OIL WELL CONTINENTAL AIRLINES INC DEANGELUS SHAFFER & ASSOCIATES DETROIT-WINDSOR RAILROAD TUNNEL DOFASCO INC/CO-STEEL INC MILL FREIGHT CONNECTION INC GRAND TRUNK WESTERN RAILROAD'S TERMINAL INDUSTRIAL COMMERCIAL EQUIPMENT NEW YORK ANNAPOLIS ATLANTA HAVERFORD NEW YORK ST LOUIS CAMBRIDGE LOS ANGELES LOS ANGELES LONG BEACH HARTFORD HOLLYWOOD HARTFORD HARTFORD ST LOUIS SAN DIEGO SAN DIEGO BETHESDA NEW YORK SAN DIEGO SAN DIEGO SAN DIEGO CONYERS ST LOUIS LOS ANGELES LOS ANGELES PORTLAND ST LOUIS CAPE GIARDEAU DENVER PHILADELPHIA NEW YORK CHARLOTTE SEATTLE MANASSAS MARIETTA MIAMI BEACH NEW YORK CLARKSVILLE DENVER CROWLEY PHOENIX ST LOUIS TERRELL COUNTY HOUSTON WASHINGTON DETROIT GALLATIN COUNTY TAMPA DETROIT BOLIVAR NY MD GA PA NY MO MA CA CA CA CT CA CT CT MO CA CA MD NY CA CA CA GA MO CA CA OR MO MO CO PA NY NC WA VA GA FL NY TN CO LA AZ MO TX TX DC MI KY FL MI TN DIEGO DELLA VALLE WESTFIELD HOLDINGS LTD AUSTRALIA, GOVERNMENT OF NEWS CORP LTD NEWS CORP LTD ET AL WESTFIELD HOLDINGS LTD NEWS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD EES SHIPPING (AUSTRALIA) LTD WESTFIELD HOLDINGS LTD NEWS CORP LTD SAGASCO HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD NEWS CORP LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD PRATT FAMILY WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD NEWS CORP LTD LEND LEASE CORP KONIG MASCHINEN CORANGE INTERNATIONAL LTD DELHAIZE LELION SA SOLVAY & CIE SA EDEL SA BRUNEI, ROYAL FAMILY OF PELADEAU, PIERRE PHOENIX FINANCIAL HOLDINGS INC INTERTAPE POLYMER GROUP INC COLLIERS MACAULEY NICOLLS INC MUNK, PETER BRONFMAN FAMILY AIR CANADA IVEY FAMILY CANADA, GOVERNMENT OF DOFASCO INC/CO-STEEL INC VITRAN CORP CANADA, GOVERNMENT OF INDUSTRIAL COMMERCIAL EQUIPMENT INC 5139 **★* OT RE OT AM JV RE AM RE RE OT RE OT El RE RE RE RE RE AM RE RE RE NP RE RE RE RE RE RE RE AM AM OT AM OT PE RE AM AM AM AM AM El OT El AM OT NP El OT NP 9611 7371 4833 **** 7373 ★*** ★*** 4412 *★** 4841 1382 **** **** **** 2711 **★* ★*** ★*** 2653 **** **** **** *★** **** **** 4833 8742 5084 8731 5411 2834 **** 7011 2754 1041 3412 6531 2911 1311 4512 8742 4011 3312 4412 4013 3567 VALUE ($ MILLION) 400.0 25.0 75.0 50.0 110.0 18.0 203.0 84.5 8.4 100.0 125.1 30.0 300.0 7.2 NA US FIRM NAME LOCATION CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CH CH CH CH DA DA DA El El FI FI FI FR FR FR FR FR FR FR FR FR FR JTA FACTORING INC LAGORCE PALACE CONDOMINIUM LINQ INDUSTRIAL FABRICS INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LYON COMMERCIAL REAL ESTATE MAGNA INTERNATIONAL INC MAGNESIUM PRODUCTS OF AMERICA INC MARLEY CO MAYFLOWER PIPELINE MONSANTO CO'S SILICA BUSINESS MONTANORE NORBORD INDUSTRIES INC ORBCOMM PORT HURON-SARNIA PROJECT QUANTUM REALTY FUND REICH & COMPANY SANCHEZ MINE TIME WARNER INC USB CORP USMX INC'S GOLD PROPERTIES WILLIAM HILL WINE CO WIRELESS HOLDINGS INC WIRELESS TV-TAMPA BAY INC WOODFIELD COUNTRY CLUB FLORIDA SPLENDID CHINA JUN HE LAW OFFICE PHOENIX LASER SYSTEMS RAMADA INN- SF INTERNATIONAL AIRPORT A P MOLLER-MAERSK LINE MAERSK INC UNIVERSAL MARITIME SERV CORP/MAERSK INC OIL LEASES OIL & GAS LEASES NORD KAOLIN CO OTTAWA TRUCK CORP TANDY'S TNC CO 455 OCEAN DRIVE ACREON CATALYSTS INC ALCATEL DATA NETWORKS APPLIED IMMUNE SCIENCES INC BETHLEHEM ROLL CHANEL INC DOWELL SCHLUMBERGER INC FACCONABLE NEW YORK INTERACTIVE TRANSACTION PARTNERS M & T HARSHAW SC FL SC MI NY NY NY MI WA AZ SC MI KS MA MO MT TUPELO MS DULLES VA MI PORT HURON NY NEW YORK NY NEW YORK AZ SANCHEZ NY NEW YORK NY NEW YORK ALLIGATOR RIDGE NV CA NAPA TAMPA BAY FL FL TAMPA BAY FL BOCA RATON ORLANDO FL NY NEW YORK SAN FRANCISCO CA SAN FRANCISCO CA MD BALTIMORE KS KANSAS CITY BALTIMORE MD GULF OF MEXICO LA GULF OF MEXICO LA MACON GA KS WICHITA FORT WORTH TX FL MIAMI BEACH TX HOUSTON VA RESTON CA SANTA CLARA PA BETHLEHEM CA BEVERLY HILLS OK TULSA NY NEW YORK NJ CLIFTON NJ SOMERSET GREENVILLE MIAMI BEACH SUMMERVILLE PORT HURON BUFFALO CHAMPLAIN NIAGARA FALLS DETROIT BLAINE PHOENIX GREENVILLE LANSING KANSAS CITY BOSTON ST LOUIS TS FOREIGN INVESTOR SIC TYPE ACCORD FINANCIAL CORP PACIFIC INTERNATIONAL EQUITIES CONSOLTEX GROUP INC IVEY FAMILY IVEY FAMILY IVEY FAMILY IVEY FAMILY IVEY FAMILY IVEY FAMILY COLLIERS MACAULEY NICOLLS INC MAGNA INTERNATIONAL INC MERIDIAN TECHNOLOGIES INC CANADIAN PACIFIC LTD BCE INC BRONFMAN FAMILY BRONFMAN, EDWARD & PETER BRONFMAN, EDWARD & PETER TELEGLOBE INC CANADA, GOVERNMENT OF REICHMANN, PAUL FAHNESTOCK VINER HOLDINGS INC AZCO MINING LTD BRONFMAN FAMILY THOMSON FAMILY PLACER DOME INC HIRAM WALKER-GOODERHAM & WORTS LTD GROUPE VIDEOTRON LTEE GROUPE VIDEOTRON LTEE CANADA SQUARE MANAGEMENT HWANG'S INTERNATIONAL INC HE, JUN PRC, GOVERNMENT OF PRC, GOVERNMENT OF MOLLER FAMILY MOLLER FAMILY MOLLER FAMILY ARAN ENERGY PLC ARAN ENERGY PLC KEMIRA OY SISU NOKIA CORP DE AZOULAY, DANIEL FRANCE, GOVERNMENT OF ALCATEL NV FRANCE, GOVERNMENT OF FRANCE, GOVERNMENT OF WERTHEIMER FAMILY SCHLUMBERGER FAMILY FACCONABLE FRANCE, GOVERNMENT OF FRANCE, GOVERNMENT OF 6153 **** AM RE AM OT OT OT OT OT OT AM NP NP AM JV AM El NP JV OT AM AM OT AM AM AM AM JV AM AM AM OT AM AM OT OT OT El AM AM AM El RE JV JV AM PE OT El JV JV El 2221 4731 4731 4731 4731 4731 4731 6531 3465 3714 3585 4922 2821 1021 2421 4899 4011 6722 6211 1021 7812 2721 1041 0172 4841 4841 7997 7996 8111 3845 7011 4412 4412 4493 1311 1311 1455 3537 3661 **** 2819 3661 8731 3312 5632 1389 5611 4813 3471 VALUE ($ MILLION) 16.0 60.0 77.5 35.0 340.0 80.0 80.0 150.0 634.0 60.0 1500.0 11.1 26.0 1.4 0.6 10.0 48.8 113.0 1.5 675.0 40.0 NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE FR FR FR FR FR FR FR FR FR FR FR FR FR GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GR HK HK HK HK IN MAT IF MIAMI INDUSTRIES NATIONAL BANK OF WASHINGTON BUILDING NATIONAL GYPSUM CO NOVEN PHARMACEUTICAL-RHONE POULENC JV OFFICE DEPOT INC OFFICE DEPOT INC ORGANO SILICON BUSINESS PACKARD BELL ELECTRONICS INC REDKEN LABORATORIES INC TEEN MAGAZINE TOWN & COUNTRY CONVENIENCE STORES (63) YSL BOUTIQUE 1540 BROADWAY 35 ACRES OF SOUTH POINTE 9 BLDGS-S'BRIDGE CTR & SULLIVAN INTL PK ABBOTT LABORATORIES- RENAL ANALYSIS DIV ALLIED SIGNAL TRUCK BRAKE SYSTEMS CO AMERICAN CRYOGAS INDUSTRIES INC BASF FIBER PRODUCTS DIV BHK OF AMERICA INC CLOROX CO CONCO CONSOL ENERGY INC COPLEY PHARMACEUTICAL INC DETROIT DIESEL CORP DURA PHARMACEUTICALS' DEVICE DIV FREIGHTLINER CORP GTE'S SYLVANIA LIGHTING BUSINESS HAW I HEBEL LP HEIDELBERG USA INC KITCHELL CORP MCM PARI RESPIRATORY EQUIPMENT INC PB DIAGNOSTIC SYSTEMS INC POTOMAC MILLS SHOPPING CENTER ADDITION RNG CORP SEBASTIAN INTERNATIONAL SOUTHCHEM INC SPIEGEL OUTLET STORES SPORTS INC TOWER PLACE VAN DORN CO'S PLASTIC MACHINERY CO W.D. GRANT BUILDING REGENCY CRUISES INC FLEA FAIR BUILDING PARTY FORMALS INC'S AFTER FIVE TANDY'S MEMTEK PRODUCTS DIVISION TEQUESTA BUILDING TURIYA INC NEW YORK PI QUA WASHINGTON CHARLOTTE MIAMI WASHINGTON ALEXANDRIA DANBURY CHATSWORTH CANOGA PARK NEW YORK WICHITA BEVERLY HILLS NEW YORK MIAMI BEACH ATLANTA CHICAGO ELYRIA PENNSAUKEN CHARLOTTE HALIFAX COUNTY SHELBY ROCK HILL WASHINGTON CTY CANTON DETROIT SAN DIEGO PORTLAND DANVERS MCCORMICK ATLANTA TOWN POINT PHOENIX NEW YORK RICHMOND WESTWOOD PRINCE WILLIAM HOUSTON WOODLAND HILLS DURHAM POTOMAC MILLS PORTLAND ATLANTA STRONGSVILLE ATLANTA NEW YORK NORFOLK NEW YORK FORT WORTH MIAMI NEW YORK NY OH DC NC FL DC VA CT CA CA NY KS CA NY FL GA IL OH NJ NC VA NC NC PA MA MI CA OR MA SC GA GA AZ NY VA MA VA TX CA NC VA OR GA OH GA NY VA NY TX FL NY MAT IF FRANCE, GOVERNMENT OF FRENCH INVESTOR LAFARGE COPPEE SA FRANCE, GOVERNMENT OF FOURNIER, JACQUES ET AL FOURNIER, JACQUES ET AL GROUPE AXA SA FRANCE, GOVERNMENT OF BETTENCOURT, LILIANE LAGARDERE, JEAN-LUC & FILIPACCHI, DANIEL FRANCE, GOVERNMENT OF SAINT LAURENT, YVES MOHN, REINHARD FAMILY KRAMER, THOMAS GERMAN INVESTORS FRESENIUS AG KNORR-BREMSE AG HOECHST AG BASF AG HOLZ & KINSTOFFBAU POSSE GMBH & CO KG HENKEL FAMILY CONCO RWE AG HOECHST AG DAIMLER-BENZ AG PARI WERKE GMBH DAIMLER-BENZ AG SIEMENS AG ET AL HAW I HEBEL INTERNATIONAL GMBH & CO HEIDELBERGER DRUCKMASCHINEN AG HOCHTIEF AG MCM PARI WERK GMBH BEHRINGWERKE AG KAN AM METALLGESELLSCHAFT AG WELLA AG BRENNTAG AG OTTO, WERNER FAMILY ADIDAS AG PHILIPP HOLZMANN AG MANNESMANN AG GERMAN INVESTOR LELAKIS GROUP JIN GFAR TOPSTYLE INTERNATIONAL HLDGS LTD HANNY MAGNETICS HOLDINGS LTD SWIRE PACIFIC LTD TAJ INTERNATIONAL 6282 3317 **** OT AM RE AM JV OT OT AM AM AM JV AM OT RE RE RE AM JV AM OT NP NP NP RE AM AM AM PE AM NP OT OT AM OT NP El RE JV AM AM OT AM RE AM RE El RE AM AM RE OT 3275 2834 5943 5943 2819 3571 2844 2721 5541 5632 ★★★★ **** 8092 3714 2813 2281 2493 2842 3842 **** 2834 3519 3841 3713 3645 2329 5032 5084 1542 5948 3845 3845 5169 2844 2869 5621 5139 **** 3559 **** 4481 **** 2335 3695 ★★★★ 5137 VALUE ($ MILLION) 15.0 76.0 15.0 300.0 1200.0 43.5 14.0 3.5 14.0 0.3 546.0 40.0 58.0 1200.0 36.0 175.0 3.0 49.0 6.0 64.0 30.0 JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA US FIRM NAME LOCATION TS FOREIGN INVESTOR EASTMAN KODAK'S PRINTER PRODUCTS DIV MEER CORP SOLAN TELECOMMUNICATIONS 1201 CONNECTICUT AVE NW ARMANI A/X STORE ARMANI A/X STORE ARMANI A/X STORE ARMANI A/X STORE ARMANI A/X STORE ARMANI A/X STORE ATLANTA DAIRIES BOTTEGA VENETA BOUTIQUE BUCCELLATI BULGARI CORP OF AMERICA CADORE MODA USA DAMASCUS TUBE DIV OF SHARON STEEL CORP EMPORIO ARMANI FERRE'S BOUTIQUE GIORGIO ARMANI GENERAL STORE MALO MANIFATTURE ASSOCIATE CASHMERE SILOCAF SIMINT FASHION CORP STAFF USA STILE MODA USA INC VERSACE JEANS COUTURE WEST DAIRY WHITE KNIGHT PACKAGING CORP 17 ACRES 545 ACRES AFG INDUSTRIES INC AIRFLITE INC ALLIANCE POLYMERS INC ALPHA TECHNOLOGY CORP AMDAHL CORP AMERICAN HELIX TECHNOLOGY CORP AMERICAN MOLD TECHNOLOGIES INC AMERICAN OFFICE EQUIPMENT CO AMERICAN TECHNOLOGY INDUSTRIES LTD APA TECHNOLOGY INC APPLIED DISPLAY TECHNOLOGY INC APPLIED MAGNETICS' OPTICAL PRODUCTS DIV ARCO CHEMICALS-JSP ARK INC ARTHUR ANDERSON WORLDWIDE ORGANIZATION ASAHIYA ASMO OF N C INC AUTOSTACK PARTNERS LP BALLY'S ALADDIN'S CASTLE INC BLOCKBUSTER ENTERTAIN-AMPHITHEATERS JV BODINE ALUMINUM INC DAYTON NORTH BERGEN MIAMI WASHINGTON SAN FRANCISCO HOUSTON PASADENA DALLAS PALO ALTO LAS VEGAS ATLANTA COSTA MESA NEW YORK LAS VEGAS WEST DADE GREENVILLE BEVERLY HILLS NEW YORK MANCHESTER NEW YORK NEW YORK NEW ORLEANS NEW YORK NEW YORK NEW YORK MIAMI SPRING CITY GRAND RAPIDS SANTA ANA LOUDOUN COUNTY FORT WORTH LOS ANGELES SOUTHFIELD HOWELL SUNNYVALE LANCASTER MT CLEMONS FAIRFIELD CHESAPEAKE HUNTINGTON BCH SANTA CLARA MONUMENT MONACO GEORGETOWN NEW YORK NEW YORK STATESVILLE OSWEGO FRANKLIN PARK FT LAUDERDALE TROY OH NJ FL DC CA TX CA TX CA NV GA CA NY NV FL PA CA NY VT NY NY LA NY NY NY FL PA MI CA VA TX CA MI MI CA PA MI NJ VA CA CA CO PA KY NY NY NC OR IL FL MO 3577 SCITEX CORP 2869 FRUTAROM LTD SOLAN TELECOMMUNICATIONS & COMPUTERS LTD 4813 **** ITALIAN FAMILY ARMANI, GIORGIO 5651 ARMANI, GIORGIO 5651 ARMANI, GIORGIO 5651 ARMANI, GIORGIO 5651 ARMANI, GIORGIO 5651 ARMANI, GIORGIO 5651 TANZI FAMILY 2026 BOTTEGA VENETA SPA 5948 5944 BUCCELLATI FAMILY 5944 BULGARI FAMILY 5048 CADORE MODA MARCEGAGLIA SPA 3317 ARMANI, GIORGIO 5651 FERRE, GIANFRANCO 5621 ARMANI, GIORGIO 5651 MALO 5621 MANIFATTURE ASSOCIATE CASHMERE SPA 5632 PACORINI FINANZIARIA 2095 SIMINT SPA 5632 ALBERTO BIANI & SANDRO DALPRA 5611 STILE MODA 5621 GIANNI VERSACE SPA 5699 TANZI FAMILY 2026 TANZI FAMILY 7389 **** SHIMIZU AMERICAN CORP TAKAHASHI, HARUNORI ASAHI GLASS CO LTD 3211 TOYOTA MOTOR CORP 4581 MITSUBISHI KASEI CORP 2821 NISSAN MOTOR CO LTD 3429 FUJI ELECTRIC CO LTD 3571 KAO CORP 3652 3544 GIFU DIE & MOLD ENGINEERING CO LTD RICOH CORP 3661 NITTO KOGYO 3555 HOCHIKI CORP 3669 KOMATSU LTD 3577 NAKAMICHI CORP 3695 3086 JSP CORP TOYOTA TSUSHO CORP 4953 ASAHI & CO LTD 8721 5942 ASAHIYA 3694 ASMO CO LTD MITSUI & CO LTD 7359 NAMCO LTD 7993 MORITA FAMILY 6512 TOYOTA MOTOR CORP 3714 SIC TYPE AM AM OT RE OT OT OT OT OT OT AM OT OT OT OT AM OT OT OT OT OT NP OT OT OT OT AM AM RE RE El OT JV PE El AM JV AM NP OT AM AM El NP OT OT PE JV AM JV NP VALUE ($ MILLION) 70.0 13.9 21.0 I -J tsj I 1.0 40.0 1010.0 22.0 3.7 35.0 30.0 29.0 35.0 60.0 NA US FIRM NAME LOCATION JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA BRIDGESTONE/FIRESTONE INC CANON INC CAROLCO PICTURES INC CENTER CLUB APARTMENTS CITYWALK COLONIAL BEEF CO COLONIAL PLASTICS/SUMIKA POLYMERS AMER CONSOLIDATED MINERALS INC CORE INTERNATIONAL INC CORONET INDUSTRIES INC CYPRESS SEMICONDUCTOR S ROSS TECHNOLOGY DAIKIN AMERICA INC DECOSTERS CO'S EGG PLANT DYNAMEC INC EBARA INTL CORP ENGINEERED SINTERED COMPONENTS INC EUCLID-HITACHI HEAVY EQUIPMENT INC FD CONSULTING INC FINDLEX CORP FUJI HEAVY INDUSTRIES FUTURETEL INC GAME SHOW CHANNEL GENERAL ELECTRIC CAPITAL AUTO 1.EASE INC GENERAL MAGIC INC GENKI SUSHI GOLDTEX INC GULF STATES TOYOTA INC GUNZE CORP OF AMERICA HAL COMPUTER SYSTEMS INC HERCULES-SANYO INC HITACHI HITACHI MAXELL HITOSHI TAMURA'S CHIRIMEN HOJO CO JOINT VENTURE HONDA OF AMERICA MANUFACTURING INC HONDA POWER EQUIPMENT MFG LAB HOTEL KITANO HUNTER'S CREEK GOLF COURSE I 0 DATA DEVICE INC INDIANA PRECISION TECHNOLOGY INC INTERPLAY PRODUCTIONS INC INTERSTATE PACKAGING CORP INX INTERNATIONAL INK CO IRIDIUM INC ISETAN J & V FOAM PRODUCTS JAPAN CORPORATE COMMUNICATIONS CO LTD JCB BANK NA K B I AMERICA INC KAO INFOSYSTEMS CO KENWOOD CORP KINGS MOUNTAIN COSTA MESA LOS ANGELES ONTARIO LOS ANGELES PHILADELPHIA DYERSBURG PLANT CITY BOCA RATON PLANT CITY AUSTIN ORANGEBURG TS NC CA CA CA CA PA TN FL FL FL TX NY MD KY WALTON NV SPARKS TROUTMAN NC CLEVELAND OH NY NEW YORK FINDLAY OH CHICAGO IL SAN JOSE CA NY NEW YORK STAMFORD CT MOUNTAIN VIEW CA HONOLULU HI GOLDSBORO NC N HARRIS COUNTY TX KS OLATHE CAMPBELL CA JEFFERSON PA SC GREENVILLE SAN DIEGO CA NEW YORK NY CO DENVER MARYSVILLE OH NC SWEPSONVILLE NY NEW YORK ORLANDO FL CA SAN JOSE GREENFIELD IN IRVINE CA WALDEN NY KANSAS CITY KS WASHINGTON DC NY NEW YORK SAN BERNADINO CA NEW YORK NY LOS ANGELES CA FL FREMONT CA LOS ANGELES CA FOREIGN INVESTOR SIC TYPE BRIDGESTONE CORP CANON INC PIONEER ELECTRONIC CORP ET AL AOKI CONSTRUCTION CO LTD MATSUSHITA FAMILY MARUDAI FOOD CO LTD SUMITOMO CHEMICAL CO LTD ONODA CHEMICAL INDUSTRY CO LTD ET AL MORITA FAMILY ONODA CHEMICAL INDUSTRY CO LTD ET AL FUJI ELECTRIC CO LTD DAIKIN INDUSTRIES LTD NANKAI H ISE CO FUJI KOKI CO LTD ET AL EBARA CORP SUMITOMO ELECTRIC INDUSTRIES LTD HITACHI CONSTRUCTION MCHY CO LTD 1ET AL CSK CORP NISSHIN KOGYO CO LTD FUJI HEAVY INDUSTRIES LTD JAPAN TOBACCO INC ET AL MORITA FAMILY ISUZU MOTORS LTD MATSUSHITA FAMILY ET AL GENKI SUSHI TOMEN CORP TOYOTA MOTOR CORP GUNZE LTD FUJI ELECTRIC CO LTD SANYO CHEMICAL INDUSTRIES LTD HITACHI LTD HITACHI LTD TAMURA, HITOSHI HOJO CO LTD HONDA MOTOR CO LTD HONDA MOTOR CO LTD KITANO CONSTRUCTION CORP NISSHIN REAL ESTATE CO INC I 0 DATA DEVICE INC HONDA MOTOR CO LTD ET AL MATSUSHITA FAMILY SATO, RYOEI & FAMILY SAKATA INX CO NIPPON IRIDIUM CORP ET AL ISETAN CO LTD JSP CORP JAPAN CORPORATE COMMUNICATIONS CO LTD JCB CO LTD KIRIN BREWERY CO LTD KAO CORP TRIO-KENWOOD CORP 2296 3575 7812 **** **** NP OT El RE RE El JV AM El OT AM OT AM NP NP PE OT AM PE OT JV JV JV JV OT AM OT NP El NP PE PE OT JV PE OT OT AM OT PE AM El NP JV OT PE OT OT OT NP OT 2011 2821 2819 3572 2819 3674 2821 0252 2531 3586 3469 3531 7371 3714 3524 3661 4841 6153 3663 5812 2261 5012 3081 3577 2821 3671 3577 5632 3621 3711 3524 7011 7997 5045 3714 7372 2674 2893 4899 5651 3086 8743 6153 5049 3572 5064 VALUE ($ MILLION) 20.0 120.0 12.5 100.0 2.4 23.0 10.0 20.0 9.0 9.1 18.5 21.6 15.7 13.7 6.0 50.0 3.7 18.5 12.7 25.0 36.0 7.3 60.0 0.3 8.6 240.0 3.0 NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA LANSON INDUSTRIES INC LIVE ENTERTAINMENT INC LUCAS SUMITOMO BRAKES INC MAKITA CORP MARION MERRELL DOW/MITSUBISHI KASEI JV MARUGEN-ADAMS MATSUSHITA ELECTRIC INDUSTRIAL CO LTD MAZDA MOTOR MANUFACTURING (USA) CORP MEGATOOL INC MENICON CORP MITSUBISHI MOTORS AMERICA INC MITSUI STEEL TECHNOLOGIES MITSUI VENDOR LEASING (USA) INC MURATA AUTOMATED SYSTEMS INC N A INDUSTRIES INC NEC CORP NEW UNITED MOTOR MFG INC (NUMMI) NIPPON CARGO AIRLINES NIPPON CARGO AIRLINES TERMINAL NIPPON FINE CHEMICAL CO NISSAN LOGISTICS CORP NISSEKI CHEMICAL TEXAS INC NISSHINBO INDUSTRIES INC NORTH AMERICAN LIGHTING INC NUCOR-YAMATO STEEL CO OI-NEG TV PRODUCTS INC OKUMA AMERICA PLUM CREEK REMANUFACTURING JOINT VENTURE PORT OF LOS ANGELES COAL TERMINAL RIKEN VINYL SANKO-PETERSON CORP SANKYO SEAFREEZE COLD STORAGE INC SEGA CHANNEL SHINKO-MICROMODULE SHIONOGI QUALICAPS INC SONY ELECTRONICS INC SONY SIGNATURES DIV SONY STYLE SPECULAR INTERNATIONAL INC SUMITOMO ELECTRIC WIRING SYSTEMS INC SUMITOMO ELECTRIC WIRING SYSTEMS INC SYNTEC ZEON LC TAIYO GENERAL CO LTD TAKASHIMAYA NEW YORK TALBOTS PETITES TDK FERRITES CORP TECHNOTRIM INC TIFFANY & CO TIPTON-VIBRA TITANIUM METALS CORP OF AMERICA MUSKEGON LOS ANGELES LEBANON BUFORD NEW YORK AUBURNDALE LOS ANGELES FLAT ROCK BUENA PARK CLOVIS BRIDGEPORT JEFFERSON CITY SAN FRANCISCO CHARLOTTE CHATTANOOGA ROSEVILLE FREMONT ATLANTA NEW YORK ST PAUL SMYRNA PASADENA FRESNO FLORA BLYTHEVILLE COLUMBUS CHARLOTTE SPOKANE LOS ANGELES RICHMOND NEW YORK SEATTLE NEW YORK CUPERTINO GREENSBORO ROSELLE WI CA OH GA NY FL CA MI CA CA NJ TN CA NC TN CA CA GA NY MN TN TX CA IL AR OH NC WA CA NJ IN NY WA NY CA NC IL NEW YORK AMHERST EDMONTON MORGANTOWN LENEXA NEW YORK NEW YORK PENTAGON CITY SHAWNEE GLASGOW BAL HARBOUR HAMILTON HENDERSON NY MA KY KY KS NY NY VA OK KY FL OH NV NABCO LTD PIONEER ELECTRONIC CORP SUMITOMO ELECTRIC INDUSTRIES LTD MAKITA CORP MITSUBISHI KASEI CORP MARUGEN INRYO CO LTD MATSUSHITA FAMILY MAZDA MOTOR CORP UNION TOOL CO LTD MENICON CORP MITSUBISHI MOTORS CORP MITSUI & CO LTD ET AL MITSUI & CO LTD MURATA MACHINERY LTD NIPPON SHOKUBAI CO LTD NEC CORP TOYOTA MOTOR CORP NIPPON CARGO AIRLINES CO LTD ALL NIPPON AIRWAYS ET AL NIPPON FINE CHEMICAL CO LTD NISSAN MOTOR CO LTD NIPPON PETROCHEMICALS CO LTD NISSHINBO INDUSTRIES LTD KOITO MFG CO LTD ET AL YAMATO KOGYO CO LTD NIPPON ELECTRIC GLASS CO LTD OKUMA CORP SUMITOMO CORP JAPAN, GOVERNMENT OF RIKEN VINYL INDUSTRY CO LTD SUNCALL CORP SANKYO SEIKO CO LTD TOYO SUISAN KAISHA LTD SEGA ENTERPRISES LTD SHINKO ELECTRIC INDUSTRIES CO LTD SHIONOGI & CO LTD MORITA FAMILY MORITA FAMILY MORITA FAMILY SABARU INTERNATIONAL CO LTD SUMITOMO ELECTRIC INDUSTRIES LTD SUMITOMO ELECTRIC INDUSTRIES LTD NIPPON ZEON CO LTD TAIYO GENERAL CO LTD TAKASHIMAYA CO LTD JUSCO CO TDK CORP TACHI-S CO LTD MITSUKOSHI LTD TIPTON MFG CORP TOHO TITANIUM CO LTD 3669 5099 3714 3546 5122 2033 7371 5012 3672 3861 4226 5051 6159 3535 2821 3577 3714 4512 4581 5169 3711 2869 2211 3647 3325 3211 3545 2452 4491 3081 3714 2337 4222 4841 3571 2899 5065 5699 2721 7372 3694 3694 2836 6221 5331 5621 3264 2399 5944 3541 3356 AM AM PE PE JV JV OT OT PE NP OT OT OT NP PE PE PE OT OT OT PE NP PE PE PE El PE PE JV OT JV OT OT JV OT NP OT OT OT AM PE PE JV OT OT OT PE NP OT JV NP VALUE ($ MILLION) 8.0 9.3 6.6 4.5 2.0 12.0 87.0 25.5 43.5 23.2 15.0 4.0 98.0 135.0 1.5 58.8 0.5 6.5 20.0 0.5 7.4 7.4 100.0 12.2 1.9 70.0 NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA KS KS KS KS MX MX MX MX MX MX MY MY MY MY MY NI NL NL NL NL NL NL NL TNS MILLS INC TNS MILLS INC TOFLE USA INC TOKINA OPTICAL LTD TOKYO EMIX CORP TORAYA CONFECTIONERY TOSHIBA TUNGALOY TOSOH SMD INC TOYAMA CHEMICAL CO TOYO FIBRE CO TOYOSHIMA SPECIAL STEEL USA TOYOTA MOTOR SALES USA INC TRISTAR MUSIC GROUP TUSTIN RANCH GOLF CLUB U S ENGINE VALVE CORP U S TSUBAKI INC UNITED SOLAR SYSTEMS CORP UNITED STATES PRINTING INK CORP VITA USA INC WARNER/SONY/DIGITAL CABLE RADIO VENTURE WASHINGTON FRONTIER JUICE INC WEISS SCIENTIFIC GLASS BLOWING CO WESTCHESTER SHOPPING MALL WILSEY FOODS INC WIRELESS ACCESS INC WORLDPARTNERS ASSOCIATION YOKOHAMA RUBBER CO ZUKEN INC CALIFORNIA UNITED TERMINALS HARRIS MICROWAVE SEMICONDUCTOR HYUNDAI AMERICA SHIPPING AGENCY MAXTOR CORP ANAHEIM INDUSTRIES INC INTERCERAMIC CO KAYSER-ROTH CORP PANAMSAT LP PEMEX-SHELL VENTURE RODMAN & RENSHAW 305-313 EAST 43RD STREET MARRIOTT HOTEL ROASTERS CORP STONELEIGH HOTEL VOIT CORP NIGERIA HOUSE AKZO CHEMICALS INC APACHE CORP-SHELL OFFSHORE INC VENTURE DAYS INN DAYS INN EEMTRANS (USA) LTD GERAGHTY & MILLER INC GOODYEAR'S POLYESTER RESIN BUSINESS GREENVILLE GREER TUALATIN COMPTON PHILADELPHIA NEW YORK ITASCA GROVE CITY NEW YORK NEW YORK INDIANAPOLIS FREEMONT NEW YORK ORANGE COUNTY WESTMINSTER HOLYOKE NEWPORT NEWS EAST RUTHERFORD HONOLULU HATBORO PROSSER PORTLAND WHITE PLAINS ST JOSEPH SAN JOSE NEW YORK SALEM SANTA CLARA LONG BEACH MILPITAS SEATTLE SAN JOSE HOUSTON GARLAND GREENSBORO GREENWICH DEER PARK CHICAGO NEW YORK HOUSTON FORT LAUDERDALE DALLAS FAIRPORT NEW YORK PASADENA GULF OF MEXICO DETROIT HOUSTON HOUSTON PLAINVIEW POINT PLEASANT SC SC OR CA PA NY IL OH NY NY IN CA NY CA SC MA VA NJ HI PA WA OR NY MO CA NY VA CA CA CA WA CA TX TX NC CT TX IL NY TX FL TX NY NY TX TX MI TX TX NY WV TSUZUKI SPINNING CO LTD TSUZUKI SPINNING CO LTD TOFLE CO INC HOYA CORP TOKYO EMIX CORP TORAYA CONFECTIONERY LTD TOSHIBA CORP TOSOH CORP TOYAMA CHEMICAL CO LTD TOYO FIBRE CO LTD TOYOSHIMA SPECIAL STEEL CO LTD TOYOTA MOTOR CORP MORITA FAMILY SANYO FOODS INC NITTAN VALVE CO LTD TSUBAKIMOTO CHAIN CO CANON INC DAI NIPPON INK & CHEMICALS INC TOKYO TOURIST CORP ET AL MORITA FAMILY TOSHOKU LTD TOSOH CORP NOMURA REAL ESTATE LTD MITSUI & CO LTD KAWASAKI STEEL CORP KOKUSAI DENSHIN DENWA CO LTD ET AL YOKOHAMA RUBBER CO LTD ZUKEN INC JU-YUNG, CHUNG SAMSUNG ELECTRONICS CO LTD HYUNDAI MERCHANT MARINE LTD HYUNDAI ELECTRONICS IND CO MANGINO INDUSTRIAL GROUP INTERCERAMIC CO BALLESTEROS FAMILY AZCARRAGA, EMILIO MEXICO, GOVERNMENT OF ET AL ABACO CASA DE BOLSA MALAYSIA, GOVERNMENT OF MUI GROUP BERJAYA GROUP BERHAD MALAYSIAN INVESTORS USAHA TEGAS SDN BDH NIGERIA, GOVERNMENT OF AKZO NV ROYAL DUTCH SHELL GROUP WORLD PLAN EXECUTIVE COUNCIL WORLD PLAN EXECUTIVE COUNCIL EEMTRANS GROUP HEIDEMIJ HOLDING NV ROYAL DUTCH SHELL GROUP 2281 2221 3317 3827 5047 5441 3541 3499 2834 3089 3493 5013 3652 7992 3592 3496 3629 2893 4724 4832 2033 3679 ★★★★ NP NP PE AM OT OT NP NP OT OT PE OT OT AM PE PE JV AM OT JV NP El RE NP AM JV PE OT AM AM OT AM AM NP AM AM PE AM RE AM AM AM AM RE NP JV AM AM OT AM AM 2079 3661 4813 3011 7371 4491 3674 4412 3572 3711 3253 2252 4899 2911 6211 **** 7011 5812 7011 5091 **★* 2869 1311 7011 7011 4225 8742 2821 VALUE ($ MILLION) 4.7 16.0 7.5 75.0 35.0 3.8 30.0 11.0 14.0 80.0 9.0 150.0 76.0 233.0 200.0 1000.0 23.1 9.3 18.0 8.8 3.0 13.5 32.0 0.7 2.0 76.0 NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE NL NL NL NL NL NL NL NL NL NO NO NO NZ NZ NZ PA RO RS RS SA SA SA SA SA SA SA SN SN SO SP SP SP SP SP SW SW SW SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ TH TH ISALY KLONDIKE CO KRAFT FOODS' ICE CREAM BUSINESS MARS PROJECT MEDICAL NEWS NETWORK MID-MOUNTAIN CONTRACTORS INC MOTOWN RECORD CO PHILIPS DIGITAL VIDEOCOMMUNICATIONS SYST SUPERAMERICA CONVENIENCE GASOLINE STORES TEMP FORCE INC ANERGEN INC NOREX AMERICA INC SAGA FOREST CARRIERS INTERNATIONAL ARKLA EXPLORATION CO COORS-LION UNIBEV LTD GALLERIA INTERNATIONAL KIWI INTERNATIONAL AIRLINES SEA LAUNCH SERVICES UAZ OF AMERICA INC CAMELOT MUSIC INC CHUSKA RESOURCES CORP CIRCLE K CORP HARTMARX CORP OIL & GAS PROPERTIES RB&H INC. SAKS FIFTH AVE SHOPPERS GARAGE SINGAPORE TELECOM USA PIKES PEAK MINING CO 848 BRICKELL BUILDING BANCO DE SABADELL HELLO MURCIA TELEFONICA LARGA DIST DE PUERTO RICA HOME HOLDINGS OVAKO STEEL INC SCANFREIGHT INC CIBA VISIONS OPTICS DEER PARK SPRING WATER INC FACTORY MERCHANTS MALLS GREISHABER KUEHNE & NAGEL INC KUEHNE & NAGEL INC KUEHNE & NAGEL INC REEDSPECTRUM INC ROCHE BIOMEDICAL LABORATORIES INC W R VANDERSCHOOT INC WASTE TECHNOLOGIES INDUSTRIES ZURICH REINSURANCE CENTRE HOLDINGS INC HOTEL- LA INTERNATIONAL AIRPORT L A STYLE CLEARWATER NORTHFIELD GULF OF MEXICO KNOXVILLE SEATTLE LOS ANGELES KNOXVILLE FL IL LA TN WA CA TN FL GA CA TX GA LA TN CO FL NJ DC MD OH TX AZ IL UT IL NY MA CT CO FL FL NY FL PR NY SC MA GA NJ CA GA OK TX IN MA FL VA OH NY CA CA UNILEVER PLC UNILEVER PLC ROYAL DUTCH SHELL GROUP PHILIPS GLOEILAMPENFABRIKEN NV ROYAL VOLKER STEVIN PHILIPS ELECTRONICS NV PHILIPS NV ROYAL DUTCH SHELL GROUP RANDSTAD HOLDING NV NOVO NORDISK A/S ORKLA AS SAGA FOREST CARRIERS INTERNATIONAL A/S BRIERLEY, RONALD A ET AL LION NATHAN LION, NATHAN FLAGLER 251 INC ROMAERO SA RUSSIA, GOVERNMENT OF LEZHANKIN, PAVEL ET AL AL SAUD, ALWALEED ET AL BAKHSH, ABDULLAH TAHA AL SAUD, ALWALEED ET AL BAKHSH, ABDULLAH BAKHSH, ABDULLAH TAHA BAKHSH, ABDULLAH TAHA AL SAUD, ALWALEED ET AL SIGNAL PACIFIC CORP SINGAPORE TELECOM GROUP OPPENHEIMER, HARRY & FAMILY SPANISH INVESTORS BANCO DE SABADELL HOLA PROMOTIONAL INSTITUTE OF MURCIA SPAIN, GOVERNMENT OF TRYGG-HANSA SPP HOLDING AB OVAKO STEEL OY AB BILSPEDITION AB CIBA-GEIGY AG NESTLE SA ROTHSCHILD INC GREISHABER KUEHNE & NAGEL KUEHNE 8t NAGEL KUEHNE & NAGEL SANDOZ AG HOFFMAN & LA ROCHE FAMILIES SAMEN MAUSER VON ROLL AG ZURICH INSURANCE CO CENTRAL PLAZA HOTEL GROUP LIMTHONGKUL, SONDHI 2024 2022 1311 4841 1623 3652 3651 5541 7363 2834 1389 4412 1311 5181 5181 AM AM OT OT AM AM OT AM AM AM El OT AM JV JV RE AM JV JV AM AM AM AM AM AM AM AM OT AM RE OT OT OT AM El PE OT OT AM RE OT OT OT OT OT PE AM NP OT AM AM ATLANTA REDWOOD CITY HOUSTON NORCROSS SHREVEPORT MEMPHIS GOLDEN MIAMI NEWARK WASHINGTON ANNAPOLIS NORTH CANTON SAN ANTONIO PHOENIX CHICAGO FOUR CORNERS CHICAGO NEW YORK BOSTON WESTPORT MIAMI MIAMI NEW YORK MIAMI SAN JUAN NEW YORK YORK CHELSEA ATLANTA CARLSTADT LOS ANGELES ATLANTA TULSA LAREDO INDIANAPOLIS HOLDEN PENSACOLA CHESAPEAKE EAST LIVERPOOL NEW YORK LOS ANGELES LOS ANGELES 4512 4899 5012 5735 1311 5411 2311 1311 6221 5311 7521 4813 1041 6081 2721 8611 4813 6719 3462 4491 3841 2086 3841 4731 4731 4731 2865 8071 5191 4953 6331 7011 2721 VALUE ($ MILLION) 215.0 1200.0 53.0 301.0 8.0 40.2 10.0 1.0 350.0 4.8 402.5 30.0 0.4 100.0 11.6 21.0 7.5 141.6 163.0 75.0 300.0 10.0 NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE TU TW TW TW TW TW TW TW UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK TURKIYE VAKIFLAR BANKASI EVEREX SYSTEMS INC FORMOSA PLASTICS CORP HOLIDAY INN CROWNE PLAZA MASTER HOME FURNITURE CO PRINCE GEORGE HOTEL STOUFFER VINOY RESORT TAIWAN TRADE CENTER A & W BRANDS INC ACCOUNTANTS SUPPLY HOUSE ACUMA INSURANCE UNIT OF AMERICAN EXPRESS AIRCO GASES INC AMERICAN ANGLICAN ENVIRON TECHNOLOGIES AMERICAN REAL-TIME SERVICES INC AM-TEX CORP ARSHT & CO INC A.D.A.M. SOFTWARE INC BAKE-LINE PRODUCTS INC BOSTON FIVE BANCORP BRITAX RAINSFORDS INC BRITISH BIOTECHNOLOGY BRITISH CONSULATE BT MARINE CABLE & WIRELESS INC CALGON WATER MANAGEMENT CLARKS CORDERO MINING CO DOCTORS AND PHYSICIANS LABORATORIES DORAL OCEAN BEACH RESORT DR PEPPER/SEVEN-UP COS EAST RIVER SAVINGS BANK ENERGY INDUSTRIES INC ENSEC INC ERB LUMBER CO EXXON PROPERTIES GALILEO INTERNATIONAL GOLDEN BEAR PLAZA HUMAN GENOME SCIENCES INC JOHN BROWN JUDITH LEIBER INC KENNECOTT UTAH COPPER CORP LONE STAR DIE CASTING CORP LOUISIANA PIGMENT CO LUXTRON CORP NERCO INC NEW ENGLAND SAVINGS BANK NEWORLD BANCORP NORTH AMERICAN TRUST CO OCEAN PACIFIC SUNWEAR LTD OIL WELLS (3) OSMOTICA MANHATTEN FREMONT POINT COMFORT STAMFORD EUPORA NEW YORK ST PETERSBURG MIAMI WHITE PLAINS NY CA TX CT MS NY FL FL NY NEW YORK TERRELL VOORHEES NEW YORK HOUSTON NEW YORK ATLANTA DES PLAINES BOSTON PORT HURON ANNAPOLIS ORLANDO RESTON VIENNA PITTSBURGH WATERTOWN PDR RIV BASIN LEESBURG MIAMI BEACH DALLAS WESTCHESTER CTY CORPUS CHRISTI BOCA RATON DETROIT COKE COUNTY CHICAGO PALM BEACH GAITHERSBURG GREENVILLE NEW YORK SALT LAKE CITY NEW BRAUNFELS LAKE CHARLES SANTA CLARA PORTLAND NEW LONDON BOSTON SAN DIEGO IRVINE PRUDHOE BAY DAVIS NY TX NJ NY TX NY GA IL MA MI MD FL VA VA PA CT WY FL FL TX NY TX FL MI TX IL FL MD SC NY UT TX LA CA OR CT MA CA CA AK CA TURKIYE VAKIFLAR BANKASI WANG, YUE-CHE & FAMILY WANG, YUE-CHE & FAMILY ORIENT HOTELS GROUP MASTER DESIGN THE ORIENT HOTEL GROUP CHINESE INVESTORS REPUBLIC OF CHINA, GOVERNMENT OF CADBURY SCHWEPPES PLC HANSON PLC UNITED FRIENDLY GROUP PLC BOC GROUP PLC ANGLIAN WATER PLC REUTERS HOLDINGS PLC SEVERN TRENT LTD THE HAMBRO GROUP PEARSON PLC UNITED BISCUITS (HOLDINGS) PLC ROYAL BANK OF SCOTLAND GROUP PLC BSC INTERNATIONAL PLC BRITISH BIOTECHNOLOGY GROUP PLC UNITED KINGDOM, GOVERNMENT OF UNITED KINGDOM, GOVERNMENT OF CABLE AND WIRELESS PLC ENGLISH CHINA CLAYS PLC C & J CLARK RTZ CORP PLC SMITHKLINE BEECHAM PLC NU-SWIFT PLC CADBURY SCHWEPPES PLC NATIONAL WESTMINISTER BANK PLC NOREX PLC DE LA RUE WOLSELEY PLC PITTENCRIEF PLC BRITISH AIRWAYS PLC ET AL CAPITAL TRUST LTD SMITHKLINE BEECHAM PLC BROWN, JOHN TIME PRODUCTS PLC RTZ CORP PLC COATS VIYELLA GROUP PLC IMPERIAL CHEMICAL INDUSTRIES PLC FAIREY GROUP PLC RTZ CORP PLC ROYAL BANK OF SCOTLAND ROYAL BANK OF SCOTLAND GROUP PLC GOVETT & CO PLC GOVETT & CO PLC BRITISH PETROLEUM CO PLC QUADRANT HOLDINGS LTD 6081 3571 2812 7011 2511 7011 7011 9611 2086 3579 6311 2813 4941 7371 4941 6211 7371 2052 6712 3231 2834 9611 4813 4813 2819 3143 1221 8071 7011 2086 6036 3563 5063 5211 1311 7373 OT AM PE AM NP AM AM OT AM AM AM NP JV AM AM JV AM AM AM NP OT OT OT OT AM OT AM AM AM El AM AM OT AM AM JV RE AM OT AM NP AM JV AM AM AM AM AM AM OT JV 2835 1623 3171 1021 3363 2816 3829 1041 6036 6712 6091 5136 1311 8731 VALUE ($ MILLION) 947.0 4.3 8.0 334.0 20.1 21.0 10.0 75.0 95.0 307.5 120.5 27.3 231.8 8.8 78.0 3.8 44.3 125.0 17.0 880.0 205.0 12.7 1162.0 685.0 144.3 3.8 21.0 NA US FIRM NAME LOCATION TS FOREIGN INVESTOR SIC TYPE UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UN UN UN VE VE VE PACKAGING COATINGS UNIT OF LILLY INDUS PACTEL CORP-MCCAW CELLULAR COMM VENTURE PARKWOOD VILLAGE APARTMENTS PENDULUM RECORDS PRESSURE SYSTEMS INC QUANTUM CHEMICAL CORP RECYCLING DEPOT REUTERS-VARITY ENTERTAINMENT REPORT REXNORD INC ROUSH PRODUCTS CO INC SANTA FE PACIFIC CORP'S COAL ASSETS SEDGWICK PAYNE CO SMALL FRIES ET AL SPECIALTY COATINGS INTERNATIONAL INC SPX CORP'S TRUTH DIVISION TELAUTOGRAPH CORP’S OMNI FAX EQUIP BUS TEXACO EXPL & PROD INC ET AL PLANT TOWER PACKAGING TRANSCO ENERGY VENTURES CO ULTRAMAR INC UNITED STATES BIOCHEMICAL USAIR GROUP INC VIKING METALLURGICAL CORP VIRGIN MEGASTORE WARNER-GLAXO VENTURE WARNER-WELLCOME CONSUMER HEALTH PRODUCTS 1111 BRICKELL AVENUE IMPERIAL HOTEL ONE FANEUIL HALL AMOCO REFINERY BAY BREWING CO LYONDELL PETROCHEMICAL CO JV INDIANAPOLIS SAN FRANCISCO MIDWEST CITY NEW YORK GREENSBORO NEW YORK DULUTH NEW YORK MILWAUKEE CEDAR RAPIDS IN CA OK NY NC NY GA NY WI IA AZ MN FL VA MN CA OK IL TX CA OH VA NV CA NJ NJ FL GA MA GA FL TX IMPERIAL CHEMICAL INDUSTRIES PLC UNITED KINGDOM, GOVERNMENT OF HENNING, C DOUGLASS THORN EMI PLC POWELL DUFFRYN PLC HANSON PLC ATWOODS PLC REED ELSEVIER AND REUTERS HOLDINGS PLC BTR PLC GRAND METROPOLITAN PLC HANSON PLC SEDGWICK GROUP GRAND METROPOLITAN PLC BOWATER PLC FKI PLC DANKA BUSINESS SYSTEMS PLC NOREX PLC BOWATER PLC NATIONAL POWER PLC ULTRAMAR PLC AMERSHAM INTERNATIONAL PLC BRITISH AIRWAYS PLC JOHNSON & FIRTH BROWN PLC BRANSON, RICHARD GLAXO HOLDINGS PLC WELLCOME PLC UNIDENTIFIED FOREIGN INVESTOR EUROPEAN INVESTORS EUROPEAN INVESTORS VENEZUELA, GOVERNMENT OF PROSIT VENEZUELA, GOVERNMENT OF 2816 4812 AM JV RE AM AM AM JV OT AM AM AM AM OT AM AM AM AM AM AM PE AM El AM JV JV JV RE RE RE AM OT AM BLOOMINGTON MIAMI RICHMOND OWATONNA LOS ANGELES GE DEERFIELD HOUSTON WILMINGTON CLEVELAND ARLINGTON RENO COSTA MESA MORRIS PLAINS MORRIS PLAINS MIAMI ATLANTA BOSTON SAVANNAH TAMPA BAY HOUSTON 3652 3564 2869 5093 7383 3569 2041 1222 6411 2721 2851 3429 3661 1311 2673 4939 2911 2834 4512 3369 5735 5122 5122 **** 2951 2082 2911 VALUE ($ MILLION) 71.5 1.0 2.7 3200.0 204.3 150.0 434.0 102.5 33.2 150.0 125.0 300.0 12.0 5.8 5.7 22.6 320.0 SQURCE COUNTRY ABBREVIATIONS Abbreviation Country Argentina AR Australia AS Austria AU BD Bermuda Belgium BE Brazil BR Brunei BX CA Canada CH China Denmark DA Ireland El Finland FI France FR Germany GE Greece GR Hong Kong HK IN India Israel IS Italy IT Japan JA South Korea KS Mexico MX MY Malaysia Nigeria NI Netherlands NL Norway NO New Zealand NZ Paraguay PA Romania RO Russia RS SA Saudi Arabia SN Singapore South Africa SO Spain SP Sweden SW Switzerland SZ TH Thailand Turkey TU China (Taiwan) TW UK United Kingdom Unidentified source country UN VE Venezuela APPENDIX C LISTING OF INVESTMENT TRANSACTIONS BY STATE LOCATION TS f*AK ^ ‘AR AZ AZ AZ AZ AZ AZ CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA US FIRM NAME ACCOUNTANTS SUPPLY HOUSE SONY SIGNATURES DIV OIL WELLS (3) NUCOR-YAMATO STEEL CO CAMIDOR PROPERTY MANAGEMENT CIRCLE K CORP KITCHELL CORP LYON COMMERCIAL REAL ESTATE SANCHEZ MINE SANTA FE PACIFIC CORP'S COAL ASSETS 17 ACRES AIRFLITE INC AMDAHL CORP ANERGEN INC APA TECHNOLOGY INC APPLIED DISPLAY TECHNOLOGY INC APPLIED IMMUNE SCIENCES INC ARMANI A/X STORE ARMANI A/X STORE ARMANI A/X STORE BOTTEGA VENETA BOUTIQUE CALIFORNIA UNITED TERMINALS CANON INC CAROLCO PICTURES INC CENTER CLUB APARTMENTS CHANEL INC CITYWALK DURA PHARMACEUTICALS' DEVICE DIV EAGLE ROCK PLAZA EASTLAND SHOPPING CENTER EES SHIPPING USA EMPORIO ARMANI EVEREX SYSTEMS INC FACTORY MERCHANTS MALLS FUTURETEL INC FX CABLE CHANNEL GENERAL MAGIC INC HAL COMPUTER SYSTEMS INC HARRIS MICROWAVE SEMICONDUCTOR HITACHI MAXELL HOTEL- LA INTERNATIONAL AIRPORT I 0 DATA DEVICE INC INTERPLAY PRODUCTIONS INC J & V FOAM PRODUCTS JCB BANK NA KAO INFOSYSTEMS CO KENWOOD CORP L A STYLE LIVE ENTERTAINMENT INC LUXTRON CORP MATSUSHITA ELECTRIC INDUSTRIAL CO LTD LOCATION SIC FOREIGN INVESTOR NA TYPE PRUDHOE BAY BLYTHEVILLE PHOENIX PHOENIX PHOENIX PHOENIX SANCHEZ 3579 5699 1311 3325 6531 5411 1542 6531 1021 1222 **** HANSON PLC MORITA FAMILY BRITISH PETROLEUM CO PLC YAMATO KOGYO CO LTD COLLIERS MACAULEY NICOLLS INC AL SAUD, ALWALEED ET AL HOCHTIEF AG COLLIERS MACAULEY NICOLLS INC AZCO MINING LTD HANSON PLC SHIMIZU AMERICAN CORP TOYOTA MOTOR CORP FUJI ELECTRIC CO LTD NOVO NORDISK A/S HOCHIKI CORP KOMATSU LTD FRANCE, GOVERNMENT OF ARMANI, GIORGIO ARMANI, GIORGIO ARMANI, GIORGIO BOTTEGA VENETA SPA JU-YUNG, CHUNG CANON INC PIONEER ELECTRONIC CORP ET AL AOKI CONSTRUCTION CO LTD WERTHEIMER FAMILY MATSUSHITA FAMILY PARI WERKE GMBH WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD EES SHIPPING (AUSTRALIA) LTD ARMANI, GIORGIO WANG, YUE-CHE & FAMILY ROTHSCHILD INC JAPAN TOBACCO INC ET AL NEWS CORP LTD MATSUSHITA FAMILY ET AL FUJI ELECTRIC CO LTD SAMSUNG ELECTRONICS CO LTD HITACHI LTD CENTRAL PLAZA HOTEL GROUP I 0 DATA DEVICE INC MATSUSHITA FAMILY JSP CORP JCB CO LTD KAO CORP TRIO-KENWOOD CORP LIMTHONGKUL, SONDHI PIONEER ELECTRONIC CORP FAIREY GROUP PLC MATSUSHITA FAMILY UK JA UK JA CA SA GE CA CA UK JA JA JA NO JA JA FR IT IT IT IT KS JA JA JA FR JA GE AS AS AS IT TW SZ JA AS JA JA KS JA TH JA JA JA JA JA JA TH JA UK JA AM OT OT PE AM AM AM AM OT AM RE OT El AM OT AM AM OT OT OT OT AM OT El RE OT RE AM RE RE OT OT AM RE JV OT JV El AM PE AM OT AM PE OT NP OT AM AM AM OT SANTA ANA LOS ANGELES SUNNYVALE REDWOOD CITY HUNTINGTON BCH SANTA CLARA SANTA CLARA PASADENA SAN FRANCISCO PALO ALTO COSTA MESA LONG BEACH COSTA MESA LOS ANGELES ONTARIO BEVERLY HILLS LOS ANGELES SAN DIEGO LOS ANGELES LOS ANGELES LONG BEACH BEVERLY HILLS FREMONT LOS ANGELES SAN JOSE HOLLYWOOD MOUNTAIN VIEW CAMPBELL MILPITAS SAN DIEGO LOS ANGELES SAN JOSE IRVINE SAN BERNADINO LOS ANGELES FREMONT LOS ANGELES LOS ANGELES LOS ANGELES SANTA CLARA LOS ANGELES 4581 3571 2834 3669 3577 8731 5651 5651 5651 5948 4491 3575 7812 **** 5632 **** 3841 **** **** 4412 5651 3571 **** 3661 4841 3663 3577 3674 3577 7011 5045 7372 3086 6153 3572 5064 2721 5099 3829 7371 VALUE ($ MILLION) 98.0 402.5 60.0 150.0 22.0 8.0 35.0 113.0 120.0 12.5 100.0 75.0 50.0 12.7 10.0 60.0 3.0 12.7 TS US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CO CO CO CO CO CO CT CT CT CT CT CT CT CT CT MAXTOR CORP MEGATOOL INC MENICON CORP MISSION VALLEY CENTER-EAST MISSION VALLEY CENTER-WEST MITSUI VENDOR LEASING (USA) INC MOTOWN RECORD CO NEC CORP NEW UNITED MOTOR MFG INC (NUMMI) NISSHINBO INDUSTRIES INC NORTH AMERICAN TRUST CO NORTH COUNTY FAIR OCEAN PACIFIC SUNWEAR LTD OSMOTICA PACKARD BELL ELECTRONICS INC PACTEL CORP-MCCAW CELLULAR COMM VENTURE PHOENIX LASER SYSTEMS PLAZA BONITA PLAZA CAMINO REAL PORT OF LOS ANGELES COAL TERMINAL RAMADA INN- SF INTERNATIONAL AIRPORT REDKEN LABORATORIES INC SEBASTIAN INTERNATIONAL SHINKO-MICROMODULE TELAUTOGRAPH CORP'S OMNI FAX EQUIP BUS THE PLAZA AT W COVINA TOKINA OPTICAL LTD TOPANGA PLAZA TOYOTA MOTOR SALES USA INC TUSTIN RANCH GOLF CLUB ULTRAMAR INC VIRGIN MEGASTORE WILLIAM HILL WINE CO WIRELESS ACCESS INC YSL BOUTIQUE ZUKEN INC APPLIED MAGNETICS' OPTICAL PRODUCTS DIV ATLAS CORP HOJO CO JOINT VENTURE PIKES PEAK MINING CO UNIBEV LTD WESTLAND CENTER CLARKS ENFIELD SQUARE GENERAL ELECTRIC CAPITAL AUTO LEASE INC HOLIDAY INN CROWNE PLAZA MAGELLAN PETROLEUM CORP MERIDEN SQUARE NEW ENGLAND SAVINGS BANK ORGANO SILICON BUSINESS PANAMSAT LP SAN JOSE BUENA PARK CLOVIS SAN DIEGO SAN DIEGO SAN FRANCISCO LOS ANGELES ROSEVILLE FREMONT FRESNO SAN DIEGO SAN DIEGO IRVINE DAVIS CHATSWORTH SAN FRANCISCO SAN FRANCISCO SAN DIEGO SAN DIEGO LOS ANGELES SAN FRANCISCO CANOGA PARK WOODLAND HILLS CUPERTINO LOS ANGELES LOS ANGELES COMPTON LOS ANGELES FREEMONT ORANGE COUNTY WILMINGTON COSTA MESA NAPA SAN JOSE BEVERLY HILLS SANTA CLARA MONUMENT DENVER DENVER 3572 3672 3861 **** **** HYUNDAI ELECTRONICS IND CO UNION TOOL CO LTD MENICON CORP WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD MITSUI & CO LTD PHILIPS ELECTRONICS NV NEC CORP TOYOTA MOTOR CORP NISSHINBO INDUSTRIES LTD GOVETT & CO PLC WESTFIELD HOLDINGS LTD GOVETT & CO PLC QUADRANT HOLDINGS LTD FRANCE, GOVERNMENT OF UNITED KINGDOM, GOVERNMENT OF PRC, GOVERNMENT OF WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD JAPAN, GOVERNMENT OF PRC, GOVERNMENT OF BETTENCOURT, LI LIANE WELLA AG SHINKO ELECTRIC INDUSTRIES CO LTD DANKA BUSINESS SYSTEMS PLC WESTFIELD HOLDINGS LTD HOYA CORP WESTFIELD HOLDINGS LTD TOYOTA MOTOR CORP SANYO FOODS INC ULTRAMAR PLC BRANSON, RICHARD HIRAM WALKER-GOODERHAM & WORTS LTD KAWASAKI STEEL CORP SAINT LAURENT, YVES ZUKEN INC NAKAMICHI CORP PHOENIX FINANCIAL HOLDINGS INC HOJO CO LTD OPPENHEIMER, HARRY & FAMILY LION, NATHAN WESTFIELD HOLDINGS LTD C & J CLARK WESTFIELD HOLDINGS LTD ISUZU MOTORS LTD ORIENT HOTELS GROUP SAGASCO HOLDINGS LTD WESTFIELD HOLDINGS LTD ROYAL BANK OF SCOTLAND GROUPE AXA SA AZCARRAGA, EMILIO KS JA JA AS AS JA NL JA JA JA UK AS UK UK FR UK CH AS AS JA CH FR GE JA UK AS JA AS JA JA UK UK CA JA FR JA JA CA JA SO NZ AS UK AS JA TW AS AS UK FR MX AM PE NP RE RE OT AM PE PE PE AM RE AM JV AM JV AM RE RE JV AM AM AM OT AM RE AM RE OT AM PE JV AM AM OT OT AM AM JV AM JV RE OT RE JV AM El RE AM AM AM GOLDEN DENVER WATERTOWN HARTFORD STAMFORD STAMFORD HARTFORD HARTFORD NEW LONDON DANBURY GREENWICH 6159 3652 3577 3714 2211 6091 5136 8731 3571 4812 3845 **** 4491 7011 2844 2844 3571 3661 ★*** 3827 *★** 5013 7992 2911 5735 0172 3661 5632 7371 3695 1041 3621 1041 5181 3143 **** 6153 7011 1382 6036 2819 4899 VALUE ($ MILLION) 150.0 6.6 4.5 301.0 87.0 25.5 15.0 3.8 21.0 1200.0 1.4 58.8 33.2 75.0 35.0 125.0 8.4 21.0 4.3 685.0 300.0 200.0 TS US FIRM NAME CT DC DC DC DC DC DC SINGAPORE TELECOM USA WESTPORT 1201 CONNECTICUT AVE NW WASHINGTON DEANGELUS SHAFFER & ASSOCIATES WASHINGTON IRIDIUM INC WASHINGTON NATIONAL BANK OF WASHINGTON BUILDING WASHINGTON OFFICE DEPOT INC WASHINGTON SEA LAUNCH SERVICES WASHINGTON 1111 BRICKELL AVENUE MIAMI 35 ACRES OF SOUTH POINTE MIAMI BEACH 455 OCEAN DRIVE MIAMI BEACH 848 BRICKELL BUILDING MIAMI BANCO DE SABADELL MIAMI BAY BREWING CO TAMPA BAY BLOCKBUSTER ENTERTAIN-AMPHITHEATERS JV FT LAUDERDALE BRITISH CONSULATE ORLANDO CADORE MODA USA WEST DADE CONSOLIDATED MINERALS INC PLANT CITY CORE INTERNATIONAL INC BOCA RATON CORONET INDUSTRIES INC PLANT CITY DOCTORS AND PHYSICIANS LABORATORIES LEESBURG DORAL OCEAN BEACH RESORT MIAMI BEACH ENSEC INC BOCA RATON FLORIDA SPLENDID CHINA ORLANDO FREIGHT CONNECTION INC TAMPA GALLERIA INTERNATIONAL MIAMI GOLDEN BEAR PLAZA PALM BEACH HUNTER'S CREEK GOLF COURSE ORLANDO ISALY KLONDIKE CO CLEARWATER K B I AMERICA INC LAGORCE PALACE CONDOMINIUM MIAMI BEACH MAI SON PACO RABANNE MIAMI BEACH MARUGEN-ADAMS AUBURNDALE MURCIA MIAMI NOVEN PHARMACEUTICAL-RHONE POULENC JV MIAMI ROASTERS CORP FORT LAUDERDALE ROCHE BIOMEDICAL LABORATORIES INC PENSACOLA SMALL FRIES ET AL MIAMI SOLAN TELECOMMUNICATIONS MIAMI STOUFFER VINOY RESORT ST PETERSBURG SUPERAMERICA CONVENIENCE GASOLINE STORES TAIWAN TRADE CENTER MIAMI TEQUESTA BUILDING MIAMI TIFFANY & CO BAL HARBOUR VERSACE JEANS COUTURE MIAMI WIRELESS HOLDINGS INC TAMPA BAY WIRELESS TV-TAMPA BAY INC TAMPA BAY WOODFIELD COUNTRY CLUB BOCA RATON 9 BLDGS-S'BRIDGE CTR & SULLIVAN INTL PK ATLANTA AMOCO REFINERY SAVANNAH ATLANTA DAIRIES ATLANTA AUSTRALIAN CONSULATE ATLANTA TL GA GA GA GA LOCATION NA SIC FOREIGN INVESTOR 4813 **** SN SINGAPORE TELECOM GROUP IT ITALIAN FAMILY CA IVEY FAMILY JA NIPPON IRIDIUM CORP ET AL FR FRENCH INVESTOR FR FOURNIER, JACQUES ET AL RS RUSSIA, GOVERNMENT OF UN UNIDENTIFIED FOREIGN INVESTOR GE KRAMER, THOMAS FR DE AZOULAY, DANIEL SP SPANISH INVESTORS SP BANCO DE SABADELL VE PROSIT JA MORITA FAMILY UK UNITED KINGDOM, GOVERNMENT OF IT CADORE MODA JA ONODA CHEMICAL INDUSTRY CO LTD ET AL JA MORITA FAMILY JA ONODA CHEMICAL INDUSTRY CO LTD ET AL UK SMITHKLINE BEECHAM PLC UK NU-SWIFT PLC UK DE LA RUE CH HWANG'S INTERNATIONAL INC CA VITRAN CORP PA FLAGLER 251 INC UK CAPITAL TRUST LTD JA NISSHIN REAL ESTATE CO INC NL UNILEVER PLC JA KIRIN BREWERY CO LTD CA PACIFIC INTERNATIONAL EQUITIES BR EDEL SA JA MARUGEN INRYO CO LTD SP PROMOTIONAL INSTITUTE OF MURCIA FR FRANCE, GOVERNMENT OF MY BERJAYA GROUP BERHAD SZ HOFFMAN & LA ROCHE FAMILIES UK GRAND METROPOLITAN PLC SOLAN TELECOMMUNICATIONS & COMPUTERS LTD IS TW CHINESE INVESTORS NL ROYAL DUTCH SHELL GROUP TW REPUBLIC OF CHINA, GOVERNMENT OF HK SWIRE PACIFIC LTD JA MITSUKOSHI LTD IT GIANNI VERSACE SPA CA GROUPE VIDEOTRON LTEE CA GROUPE VIDEOTRON LTEE CA CANADA SQUARE MANAGEMENT GE GERMAN INVESTORS VENEZUELA, GOVERNMENT OF VE IT TANZI FAMILY AS AUSTRALIA, GOVERNMENT OF 8742 4899 **** 5943 4899 **** *★** 6081 2082 6512 9611 5048 2819 3572 2819 8071 7011 5063 7996 4412 **** 7997 2024 5049 *★** 2033 8611 2834 5812 8071 2721 4813 7011 5541 9611 **** 5944 5699 4841 4841 7997 **** 2951 2026 9611 TYPE OT RE AM JV RE OT JV RE RE RE RE OT OT JV OT OT AM El OT AM AM OT AM El RE RE AM AM OT RE RE JV OT JV AM PE OT OT AM AM OT RE OT OT JV AM AM RE AM AM OT VALUE ($ MILLION) 240.0 5.8 7.5 27.3 26.0 10.0 44.3 7.3 60.0 18.0 15.0 8.8 30.0 I 00 Ln 1 TS GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA -GA H N N N N N KS KS KS KS KS KS KS KY KY KY KY KY KY LA US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE A.D.A.M. SOFTWARE INC CIBA VISIONS OPTICS GREISHABER HEBEL LP HEIDELBERG USA INC IMPERIAL HOTEL MAKITA CORP NIPPON CARGO AIRLINES NORD KAOLIN CO PRATT INDUSTRIES USA RECYCLING DEPOT SAGA FOREST CARRIERS INTERNATIONAL SOLVAY PHARMACEUTICAL CO TEMP FORCE INC TOWER PLACE W.D. GRANT BUILDING GENKI SUSHI VITA USA INC ROUSH PRODUCTS CO INC ABBOTT LABORATORIES- RENAL ANALYSIS DIV BAKE-LINE PRODUCTS INC BALLY'S ALADDIN'S CASTLE INC FUJI HEAVY INDUSTRIES GALILEO INTERNATIONAL HARTMARX CORP KRAFT FOODS' ICE CREAM BUSINESS NORTH AMERICAN LIGHTING INC RB&H INC. RODMAN & RENSHAW SONY ELECTRONICS INC TOSHIBA TUNGALOY TOWER PACKAGING INDIANA PRECISION TECHNOLOGY INC KUEHNE & NAGEL INC PACKAGING COATINGS UNIT OF LILLY INDUS SANKO-PETERSON CORP TOYOSHIMA SPECIAL STEEL USA GUNZE CORP OF AMERICA INX INTERNATIONAL INK CO MAERSK INC MARLEY CO OTTAWA TRUCK CORP SYNTEC ZEON LC TOWN & COUNTRY CONVENIENCE STORES (63) ARK INC DOFASCO INC/CO-STEEL INC MILL DYNAMEC INC SUMITOMO ELECTRIC WIRING SYSTEMS INC SUMITOMO ELECTRIC WIRING SYSTEMS INC TECHNOTRIM INC ARKLA EXPLORATION CO ATLANTA ATLANTA ATLANTA ATLANTA TOWN POINT ATLANTA BUFORD ATLANTA MACON CONYERS DULUTH NORCROSS MARIETTA ATLANTA ATLANTA ATLANTA HONOLULU HONOLULU CEDAR RAPIDS CHICAGO DES PLAINES FRANKLIN PARK CHICAGO CHICAGO CHICAGO NORTHFIELD FLORA CHICAGO CHICAGO ROSELLE ITASCA DEERFIELD GREENFIELD INDIANAPOLIS INDIANAPOLIS RICHMOND INDIANAPOLIS OLATHE KANSAS CITY KANSAS CITY KANSAS CITY WICHITA LENEXA WICHITA GEORGETOWN GALLATIN COUNTY WALTON EDMONTON MORGANTOWN GLASGOW SHREVEPORT 7371 3841 3841 5032 5084 *★** PEARSON PLC CIBA-GEIGY AG GREISHABER HEBEL INTERNATIONAL GMBH & CO HEIDELBERGER DRUCKMASCHINEN AG EUROPEAN INVESTORS MAKITA CORP NIPPON CARGO AIRLINES CO LTD KEMIRA OY PRATT FAMILY ATWOODS PLC SAGA FOREST CARRIERS INTERNATIONAL A/S SOLVAY & CIE SA RANDSTAD HOLDING NV PHILIPP HOLZMANN AG GERMAN INVESTOR GENKI SUSHI TOKYO TOURIST CORP ET AL GRAND METROPOLITAN PLC FRESENIUS AG UNITED BISCUITS (HOLDINGS) PLC NAMCO LTD FUJI HEAVY INDUSTRIES LTD BRITISH AIRWAYS PLC ET AL BAKHSH, ABDULLAH UNILEVER PLC KOITO MFG CO LTD ET AL BAKHSH, ABDULLAH TAHA ABACO CASA DE BOLSA MORITA FAMILY TOSHIBA CORP BOWATER PLC HONDA MOTOR CO LTD ET AL KUEHNE & NAGEL IMPERIAL CHEMICAL INDUSTRIES PLC UK SZ SZ GE GE UN JA JA FI AS UK NO BE NL GE GE JA JA UK GE UK JA JA UK SA NL JA SA MX JA JA UK JA SZ UK JA JA JA JA DA CA FI JA FR JA CA JA JA JA JA NZ AM OT OT OT OT RE PE OT AM NP JV OT PE AM RE RE OT OT AM AM AM AM OT JV AM AM PE AM AM OT NP AM PE OT AM JV PE NP NP OT AM AM JV AM NP NP NP PE PE NP AM 3546 4512 1455 2653 5093 4412 2834 7363 ★*** **** 5812 4724 2041 8092 2052 7993 3524 7373 2311 2022 3647 6221 6211 5065 3541 2673 3714 4731 2816 3714 3493 3081 2893 4412 3585 3537 2836 5541 4953 3312 2531 3694 3694 2399 1311 cimr/vi I rnRP TOYOSHIMA SPECIAL STEEL CO LTD GUNZE LTD SAKATA INX CO MOLLER FAMILY CANADIAN PACIFIC LTD SISU NIPPON ZEON CO LTD FRANCE, GOVERNMENT OF TOYOTA TSUSHO CORP DOFASCO INC/CO-STEEL INC FUJI KOKI CO LTD ET AL SUMITOMO ELECTRIC INDUSTRIES LTD SUMITOMO ELECTRIC INDUSTRIES LTD TACHI-S CO LTD BRIERLEY, RONALD A ET AL VALUE ($ MILLION) 5.7 10.0 75.0 36.0 3.0 43.5 75.0 35.0 30.0 215.0 4.0 23.1 71.5 0.5 7.5 6.0 8.6 340.0 300.0 9.0 7.4 7.4 40.2 I 00 1 TS US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE LA LA LA LA LA LA MA MA MA MA MA MA MA MA MA MA MA MA MA MD MD MD MD MD MD MD MD MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI MN MN MN MO MO MO MO MO MO CAJUN BAG & SUPPLY CO LOUISIANA PIGMENT CO MARS PROJECT OIL LEASES OIL & GAS LEASES SILOCAF BOSTON FIVE BANCORP COPLEY PHARMACEUTICAL INC DELPHI INTERNET SERVICES GTE'S SYLVANIA LIGHTING BUSINESS MAYFLOWER PIPELINE NEWORLD BANCORP ONE FANEUIL HALL PB DIAGNOSTIC SYSTEMS INC REEDSPECTRUM INC SCANFREIGHT INC SHOPPERS GARAGE SPECULAR INTERNATIONAL INC U S TSUBAKI INC A P MOLLER-MAERSK LINE ANNAPOLIS MALL BRITISH BIOTECHNOLOGY DECOSTERS CO'S EGG PLANT HUMAN GENOME SCIENCES INC MONTGOMERY MALL UAZ OF AMERICA INC UNIVERSAL MARITIME SERV CORP/MAERSK INC ALLIANCE POLYMERS INC ALPHA TECHNOLOGY CORP AMERICAN MOLD TECHNOLOGIES INC BRITAX RAINSFORDS INC DAYS INN DETROIT DIESEL CORP DETROIT-WINDSOR RAILROAD TUNNEL ERB LUMBER CO GRAND TRUNK WESTERN RAILROAD'S TERMINAL LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC MAGNESIUM PRODUCTS OF AMERICA INC MAZDA MOTOR MANUFACTURING (USA) CORP PORT HURON-SARNIA PROJECT WHITE KNIGHT PACKAGING CORP NIPPON FINE CHEMICAL CO SEDGWICK PAYNE CO SPX CORP'S TRUTH DIVISION BODINE ALUMINUM INC CENTERMARK PROPERTIES CLARK OIL & REFINING CORP MID RIVERS MALL MONSANTO CO'S SILICA BUSINESS SOUTH COUNTY CENTER CROWLEY LAKE CHARLES GULF OF MEXICO GULF OF MEXICO GULF OF MEXICO NEW ORLEANS BOSTON CANTON CAMBRIDGE DANVERS BOSTON BOSTON BOSTON WESTWOOD HOLDEN CHELSEA BOSTON AMHERST HOLYOKE BALTIMORE ANNAPOLIS ANNAPOLIS 3412 2816 1311 1311 1311 2095 6712 2834 7373 3645 4922 6712 ★*** INTERTAPE POLYMER GROUP INC IMPERIAL CHEMICAL INDUSTRIES PLC ROYAL DUTCH SHELL GROUP ARAN ENERGY PLC ARAN ENERGY PLC PACORINI FINANZIARIA ROYAL BANK OF SCOTLAND GROUP PLC HOECHST AG NEWS LTD SIEMENS AG ET AL BCE INC ROYAL BANK OF SCOTLAND GROUP PLC EUROPEAN INVESTORS BEHRINGWERKE AG SANDOZ AG BILSPEDITION AB SIGNAL PACIFIC CORP SABARU INTERNATIONAL CO LTD TSUBAKIMOTO CHAIN CO MOLLER FAMILY WESTFIELD HOLDINGS LTD PLC BRITISH BIOTECHNOLOGY GROUP 1 NANKAI H ISE CO SMITHKLINE BEECHAM PLC WESTFIELD HOLDINGS LTD LEZHANKIN, PAVEL ET AL MOLLER FAMILY MITSUBISHI KASEI CORP NISSAN MOTOR CO LTD GIFU DIE & MOLD ENGINEERING CO LTD BSC INTERNATIONAL PLC WORLD PLAN EXECUTIVE COUNCIL DAIMLER-BENZ AG CANADA, GOVERNMENT OF WOLSELEY PLC CANADA, GOVERNMENT OF IVEY FAMILY IVEY FAMILY MERIDIAN TECHNOLOGIES INC MAZDA MOTOR CORP CANADA, GOVERNMENT OF TANZI FAMILY NIPPON FINE CHEMICAL CO LTD SEDGWICK GROUP FKI PLC TOYOTA MOTOR CORP WESTFIELD HOLDINGS LTD MUNK, PETER WESTFIELD HOLDINGS LTD BRONFMAN FAMILY WESTFIELD HOLDINGS LTD CA UK NL El El IT UK GE AS GE CA UK UN GE SZ SW SN JA JA DA AS UK JA UK AS RS DA JA JA JA UK NL GE CA UK CA CA CA CA JA CA IT JA UK UK JA AS CA AS CA AS AM JV OT El AM NP AM AM AM AM JV AM RE El OT OT AM AM PE OT RE OT AM AM RE JV OT JV PE JV NP AM AM OT AM OT OT OT NP OT OT AM OT AM AM NP RE El RE AM RE GAITHERSBURG BETHESDA ANNAPOLIS BALTIMORE SOUTHFIELD HOWELL MT CLEMONS PORT HURON DETROIT DETROIT DETROIT DETROIT DETROIT PORT HURON DETROIT LANSING FLAT ROCK PORT HURON GRAND RAPIDS ST PAUL BLOOMINGTON OWATONNA TROY ST LOUIS ST LOUIS ST LOUIS ST LOUIS ST LOUIS 3845 2865 4491 7521 7372 3496 4412 **** 2834 0252 2835 **** 5012 4493 2821 3429 3544 3231 7011 3519 4011 5211 4013 4731 4731 3714 5012 4011 7389 5169 6411 3429 3714 **** 2911 **** 2821 VALUE ($ MILLION) 205.0 1200.0 0.6 21.0 95.0 546.0 1200.0 144.3 22.6 11.6 0.5 20.0 125.0 3.7 0.7 40.0 30.0 78.0 7.2 35.0 150.0 1.0 102.5 60.0 400.0 100.0 TS US FIRM NAME LOCATION MO MO MO MS MS MT NC NC NC NC NC NC NC NC NC NC WEST COUNTY CENTER WEST PARK MALL WILSEY FOODS INC MASTER HOME FURNITURE CO NORBORD INDUSTRIES INC MONTANORE ASMO OF N C INC BASF FIBER PRODUCTS DIV BRIDGESTONE/FIRESTONE INC CLOROX CO CONCO ENGINEERED SINTERED COMPONENTS INC GOLDTEX INC HONDA POWER EQUIPMENT MFG LAB KAYSER-ROTH CORP KONIG AMERICA INC MURATA AUTOMATED SYSTEMS INC NATIONAL GYPSUM CO OKUMA AMERICA PRESSURE SYSTEMS INC SHIONOGI QUALICAPS INC SOUTHCHEM INC AMERICAN ANGLICAN ENVIRON TECHNOLOGIES AMERICAN CRYOGAS INDUSTRIES INC AMERICAN OFFICE EQUIPMENT CO DEER PARK SPRING WATER INC INTERACTIVE TRANSACTION PARTNERS KIWI INTERNATIONAL AIRLINES M & T HARSHAW MEER CORP MITSUBISHI MOTORS AMERICA INC RIKEN VINYL UNITED STATES PRINTING INK CORP WARNER-GLAXO VENTURE WARNER-WELLCOME CONSUMER HEALTH PRODUCTS ARMANI A/X STORE BULGARI CORP OF AMERICA EBARA INTL CORP TITANIUM METALS CORP OF AMERICA USMX INC'S GOLD PROPERTIES VIKING METALLURGICAL CORP 1540 BROADWAY 305-313 EAST 43RD STREET A & W BRANDS INC ACUMA INSURANCE UNIT OF AMERICAN EXPRESS AMERICAN REAL-TIME SERVICES INC ARSHT & CO INC ARTHUR ANDERSON WORLDWIDE ORGANIZATION ASAHIYA BUCCELLATI CBS NEWS-NEWS CORP VENTURE ST LOUIS CAPE GIARDEAU ST JOSEPH EUPORA TUPELO m Nq NG Nq NC Nq NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ Nj ID NJ NV NV NV NV NV NV NY NY NY NY NY NY NY NY NY NY SIC **** 2079 2511 2421 1021 STATESVILLE 3694 2281 CHARLOTTE KINGS MOUNTAIN 2296 SHELBY 2842 ROCK HILL 3842 TROUTMAN 3469 GOLDSBORO 2261 SWEPSONVILLE 3524 GREENSBORO 2252 CHARLOTTE 5084 CHARLOTTE 3535 CHARLOTTE 3275 CHARLOTTE 3545 GREENSBORO 3564 GREENSBORO 2899 DURHAM 2869 4941 VOORHEES PENNSAUKEN 2813 FAIRFIELD 3661 CARLSTADT 2086 CLIFTON 4813 NEWARK 4512 SOMERSET 3471 NORTH BERGEN 2869 BRIDGEPORT 4226 3081 EAST RUTHERFORD 2893 MORRIS PLAINS 5122 MORRIS PLAINS 5122 LAS VEGAS 5651 LAS VEGAS 5944 SPARKS 3586 HENDERSON 3356 ALLIGATOR RIDGE 1041 RENO 3369 NEW YORK NEW YORK WHITE PLAINS 2086 NEW YORK 6311 NEW YORK 7371 NEW YORK 6211 NEW YORK 8721 NEW YORK 5942 NEW YORK 5944 NEW YORK 4833 FOREIGN INVESTOR NA TYPE WESTFIELD HOLDINGS LTD WESTFIELD HOLDINGS LTD MITSUI & CO LTD MASTER DESIGN BRONFMAN, EDWARD & PETER BRONFMAN, EDWARD & PETER ASMO CO LTD BASF AG BRIDGESTONE CORP HENKEL FAMILY CONCO SUMITOMO ELECTRIC INDUSTRIES LTD TOMEN CORP HONDA MOTOR CO LTD BALLESTEROS FAMILY KONIG MASCHINEN MURATA MACHINERY LTD LAFARGE COPPEE SA OKUMA CORP POWELL DUFFRYN PLC SHIONOGI & CO LTD BRENNTAG AG ANGLIAN WATER PLC HOECHST AG RICOH CORP NESTLE SA FRANCE, GOVERNMENT OF ROMAERO SA FRANCE, GOVERNMENT OF FRUTAROM LTD MITSUBISHI MOTORS CORP RIKEN VINYL INDUSTRY CO LTD DAINIPPON INK & CHEMICALS INC GLAXO HOLDINGS PLC WELLCOME PLC ARMANI, GIORGIO BULGARI FAMILY EBARA CORP TOHO TITANIUM CO LTD PLACER DOME INC JOHNSON & FIRTH BROWN PLC MOHN, REINHARD FAMILY MALAYSIA, GOVERNMENT OF CADBURY SCHWEPPES PLC UNITED FRIENDLY GROUP PLC REUTERS HOLDINGS PLC THE HAMBRO GROUP ASAHI & CO LTD ASAHIYA BUCCELLATI FAMILY NEWS CORP LTD ET AL AS AS JA TW CA CA JA GE JA GE GE JA JA JA MX AU JA FR JA UK JA GE UK GE JA SZ FR RO FR IS JA JA JA UK UK IT IT JA JA CA UK GE MY UK UK UK UK JA JA IT AS RE RE NP NP NP El PE OT NP NP NP PE AM OT AM OT NP AM PE AM NP AM JV AM AM AM JV AM El AM OT OT AM JV JV OT OT NP NP AM AM RE RE AM AM AM JV OT OT OT JV VALUE ($ MILLION) 9.0 80.0 30.0 20.0 14.0 9.1 15.7 233.0 76.0 2.7 20.0 14.0 1.0 40.0 2.0 70.0 11.1 12.0 9.3 334.0 20.1 TS US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY DAIKIN AMERICA INC DIEGO DELLA VALLE EAST RIVER SAVINGS BANK FACCONABLE NEW YORK FD CONSULTING INC FERRE'S BOUTIQUE GAME SHOW CHANNEL GERAGHTY & MILLER INC HELLO HELMSLEY PALACE HITOSHI TAMURA'S CHIRIMEN HOME HOLDINGS HOTEL KITANO INTERSTATE PACKAGING CORP ISETAN JAPAN CORPORATE COMMUNICATIONS CO LTD JUDITH LEIBER INC JUN HE LAW OFFICE LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC LIVINGSTON INTERNATIONAL INC MALO MANIFATTURE ASSOCIATE CASHMERE MARION MERRELL DOW/MITSUBISHI KASEI JV MAT IF MCM NEW YORK POST, THE NIGERIA HOUSE NIPPON CARGO AIRLINES TERMINAL PARTY FORMALS INC'S AFTER FIVE PENDULUM RECORDS PRINCE GEORGE HOTEL QUANTUM CHEMICAL CORP QUANTUM REALTY FUND REGENCY CRUISES INC REICH & COMPANY REUTERS-VARITY ENTERTAINMENT REPORT SAKS FIFTH AVE SANKYO SEGA CHANNEL SIMINT FASHION CORP SONY STYLE STAFF USA STILE MODA USA INC TAIYO GENERAL CO LTD TAKASHIMAYA NEW YORK TEEN MAGAZINE TIME WARNER INC TORAYA CONFECTIONERY TOYAMA CHEMICAL CO TOYO FIBRE CO ORANGEBURG NEW YORK WESTCHESTER CTY NEW YORK NEW YORK NEW YORK NEW YORK PLAINVIEW NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK WALDEN NEW YORK NEW YORK NEW YORK NEW YORK CHAMPLAIN NIAGARA FALLS BUFFALO NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK NEW YORK 2821 5139 6036 5611 7371 5621 4841 8742 2721 7011 5632 6719 7011 2674 5651 8743 3171 8111 4731 4731 4731 5621 5632 5122 6282 5948 2711 **** DAIKIN INDUSTRIES LTD DIEGO DELLA VALLE NATIONAL WESTMINISTER BANK PLC FACCONABLE CSK CORP FERRE, GIANFRANCO MORITA FAMILY HEIDEMIJ HOLDING NV HOLA BRUNEI, ROYAL FAMILY OF TAMURA, HITOSHI TRYGG-HANSA SPP HOLDING AB KITANO CONSTRUCTION CORP SATO, RYOEI & FAMILY ISETAN CO LTD JAPAN CORPORATE COMMUNICATIONS CO LTD TIME PRODUCTS PLC HE, JUN IVEY FAMILY IVEY FAMILY IVEY FAMILY MALO MANIFATTURE ASSOCIATE CASHMERE SPA MITSUBISHI KASEI CORP MAT IF MCM NEWS CORP LTD NIGERIA, GOVERNMENT OF ALL NIPPON AIRWAYS ET AL TOPSTYLE INTERNATIONAL HLDGS LTD THORN EMI PLC THE ORIENT HOTEL GROUP HANSON PLC REICHMANN, PAUL LELAKIS GROUP FAHNESTOCK VINER HOLDINGS INC REED ELSEVIER AND REUTERS HOLDINGS PLC AL SAUD, ALWALEED ET AL SANKYO SEIKO CO LTD SEGA ENTERPRISES LTD SIMINT SPA MORITA FAMILY ALBERTO BIANI & SANDRO DALPRA STILE MODA TAIYO GENERAL CO LTD TAKASHIMAYA CO LTD LAGARDERE, JEAN-LUC & FILIPACCHI, DANIEL BRONFMAN FAMILY TORAYA CONFECTIONERY LTD TOYAMA CHEMICAL CO LTD TOYO FIBRE CO LTD JA AR UK FR JA IT JA NL SP BX JA SW JA JA JA JA UK CH CA CA CA IT IT JA FR GE AS NI JA HK UK TW UK CA GR CA UK SA JA JA IT JA IT IT JA JA FR CA JA JA JA OT OT AM JV AM OT JV AM OT AM OT El OT El OT OT AM OT OT OT OT OT OT JV OT OT AM RE OT AM AM AM AM AM El AM OT AM OT JV OT OT OT OT OT OT JV AM OT OT OT 4581 2335 3652 7011 2869 6722 4481 6211 7383 5311 2337 4841 5632 2721 5611 5621 6221 5331 2721 7812 5441 2834 3089 VALUE ($ MILLION) 10.0 18.5 76.0 203.0 163.0 36.0 0.3 17.0 25.0 32.0 43.5 8.0 3200.0 634.0 49.0 100.0 100.0 1500.0 TS US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE NY NY NY NY NY NY NY NY NY OH OH OH OH OH OH OH OH OH OH OH OH OH OH OK OK OK OK OK OR OR OR OR OR OR OR PA PA PA PA PA PA PA PA PA PA PA PA PA PR SC SC TRISTAR MUSIC GROUP TURIYA INC TURKIYE VAKIFLAR BANKASI USB CORP VOIT CORP WESTCHESTER SHOPPING MALL WORLDPARTNERS ASSOCIATION YARMOUTH GROUP INC ZURICH REINSURANCE CENTRE HOLDINGS INC ALLIED SIGNAL TRUCK BRAKE SYSTEMS CO CAMELOT MUSIC INC EASTMAN KODAK'S PRINTER PRODUCTS DIV EUCLID-HITACHI HEAVY EQUIPMENT INC FINDLEX CORP HONDA OF AMERICA MANUFACTURING INC LUCAS SUMITOMO BRAKES INC MIAMI INDUSTRIES OI-NEG TV PRODUCTS INC TIPTON-VIBRA TOSOH SMD INC UNITED STATES BIOCHEMICAL VAN DORN CO'S PLASTIC MACHINERY CO WASTE TECHNOLOGIES INDUSTRIES DOWELL SCHLUMBERGER INC KUEHNE & NAGEL INC PARKWOOD VILLAGE APARTMENTS TDK FERRITES CORP TEXACO EXPL & PROD INC ET AL PLANT AUTOSTACK PARTNERS LP FREIGHTLINER CORP NERCO INC SPORTS INC TOFLE USA INC VANCOUVER MALL WEISS SCIENTIFIC GLASS BLOWING CO AMERICAN HELIX TECHNOLOGY CORP ARCO CHEMICALS-JSP AXXIS SOFTWARE INC BETHLEHEM ROLL CALGON WATER MANAGEMENT COLONIAL BEEF CO CONSOL ENERGY INC DAMASCUS TUBE DIV OF SHARON STEEL CORP HERCULES-SANYO INC TOKYO EMIX CORP WARNER/SONY/DIGITAL CABLE RADIO VENTURE WEST DAIRY WGBS CHANNEL 57 TELEFONICA LARGA DIST DE PUERTO RICA HAW I HITACHI NEW YORK NEW YORK MANHATTEN NEW YORK FAIRPORT WHITE PLAINS NEW YORK NEW YORK NEW YORK ELYRIA NORTH CANTON DAYTON CLEVELAND FINDLAY MARYSVILLE LEBANON PI QUA COLUMBUS HAMILTON GROVE CITY CLEVELAND STRONGSVILLE EAST LIVERPOOL TULSA TULSA MIDWEST CITY SHAWNEE GE OSWEGO PORTLAND PORTLAND PORTLAND TUALATIN PORTLAND PORTLAND LANCASTER MONACO HAVERFORD BETHLEHEM PITTSBURGH PHILADELPHIA WASHINGTON CTY GREENVILLE JEFFERSON PHILADELPHIA HATBORO SPRING CITY PHILADELPHIA SAN JUAN MCCORMICK GREENVILLE 3652 5137 6081 2721 5091 ★*** MORITA FAMILY TAJ INTERNATIONAL TURKIYE VAKIFLAR BANKASI THOMSON FAMILY USAHA TEGAS SDN BDH NOMURA REAL ESTATE LTD KOKUSAI DENSHIN DENWA CO LTD ET AL LEND LEASE CORP ZURICH INSURANCE CO KNORR-BREMSE AG AL SAUD, ALWALEED ET AL SCITEX CORP HITACHI CONSTRUCTION MCHY CO LTD ET AL NISSHIN KOGYO CO LTD HONDA MOTOR CO LTD SUMITOMO ELECTRIC INDUSTRIES LTD FRANCE, GOVERNMENT OF NIPPON ELECTRIC GLASS CO LTD TIPTON MFG CORP TOSOH CORP AMERSHAM INTERNATIONAL PLC MANNESMANN AG VON ROLL AG SCHLUMBERGER FAMILY KUEHNE & NAGEL HENNING, C DOUGLASS TDK CORP NOREX PLC MITSUI & CO LTD DAIMLER-BENZ AG RTZ CORP PLC ADIDAS AG TOFLE CO INC WESTFIELD HOLDINGS LTD TOSOH CORP KAO CORP JSP CORP NEWS CORP LTD FRANCE, GOVERNMENT OF ENGLISH CHINA CLAYS PLC MARUDAI FOOD CO LTD RWE AG MARCEGAGLIA SPA SANYO CHEMICAL INDUSTRIES LTD TOKYO EMIX CORP MORITA FAMILY TANZI FAMILY NEWS CORP LTD SPAIN, GOVERNMENT OF HAW I HITACHI LTD JA IN TU CA MY JA JA AS SZ GE SA IS JA JA JA JA FR JA JA JA UK GE SZ FR SZ UK JA UK JA GE UK GE JA AS JA JA JA AS FR UK JA GE IT JA JA JA IT AS SP GE JA OT OT OT AM AM RE JV AM OT JV AM AM OT PE PE PE AM El JV NP AM AM NP El OT RE PE AM JV PE AM AM PE RE El AM El AM PE AM El RE AM NP OT JV AM AM AM NP PE 4813 8742 6331 3714 5735 3577 3531 3714 3711 3714 3317 3211 3541 3499 2834 3559 4953 1389 4731 **** 3264 1311 7359 3713 1041 5139 3317 *★** 3679 3652 3086 7371 3312 2819 2011 **** 3317 2821 5047 4832 2026 4833 4813 2329 3671 VALUE ($ MILLION) 13.5 80.0 50.0 300.0 350.0 70.0 21.6 25.0 9.3 15.0 135.0 1.9 16.0 175.0 675.0 1.0 12.2 29.0 58.0 1162.0 4.7 14.0 1.5 307.5 2.4 0.3 13.9 3.7 11.0 141.6 18.5 TS US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE SC SC SC SC SC sc sc -sc TN TN TN TN TN TN TN TN TN TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX UT JOHN BROWN JTA FACTORING INC LINQ INDUSTRIAL FABRICS INC MAGNA INTERNATIONAL INC OVAKO STEEL INC TNS MILLS INC TNS MILLS INC U S ENGINE VALVE CORP ARCATA CORP’S PLANTS (3) COLONIAL PLASTICS/SUMIKA POLYMERS AMER COORS-LION INDUSTRIAL COMMERCIAL EQUIPMENT MEDICAL NEWS NETWORK MITSUI STEEL TECHNOLOGIES N A INDUSTRIES INC NISSAN LOGISTICS CORP PHILIPS DIGITAL VIDEOCOMMUNICATIONS SYST ACREON CATALYSTS INC AFG INDUSTRIES INC AIRCO GASES INC AKZO CHEMICALS INC AM-TEX CORP ANAHEIM INDUSTRIES INC APACHE CORP-SHELL OFFSHORE INC VENTURE ARMANI A/X STORE ARMANI A/X STORE CHUSKA RESOURCES CORP CONOCO INC OIL WELL CONTINENTAL AIRLINES INC CYPRESS SEMICONDUCTOR'S ROSS TECHNOLOGY DAYS INN DR PEPPER/SEVEN-UP COS EEMTRANS (USA) LTD ENERGY INDUSTRIES INC EXXON PROPERTIES FORMOSA PLASTICS CORP GULF STATES TOYOTA INC INTERCERAMIC CO KUEHNE & NAGEL INC LONE STAR DIE CASTING CORP LYONDELL PETROCHEMICAL CO JV MARRIOTT HOTEL NISSEKI CHEMICAL TEXAS INC NOREX AMERICA INC PEMEX-SHELL VENTURE RNG CORP STONELEIGH HOTEL TANDY'S MEMTEK PRODUCTS DIVISION TANDY'S TNC CO TRANSCO ENERGY VENTURES CO KENNECOTT UTAH COPPER CORP GREENVILLE GREENVILLE SUMMERVILLE GREENVILLE YORK GREER GREENVILLE WESTMINSTER CLARKSVILLE DYERSBURG MEMPHIS BOLIVAR KNOXVILLE JEFFERSON CITY CHATTANOOGA SMYRNA KNOXVILLE HOUSTON FORT WORTH TERRELL PASADENA HOUSTON HOUSTON GULF OF MEXICO HOUSTON DALLAS SAN ANTONIO TERRELL COUNTY HOUSTON AUSTIN HOUSTON DALLAS HOUSTON CORPUS CHRISTI COKE COUNTY POINT COMFORT N HARRIS COUNTY GARLAND LAREDO NEW BRAUNFELS HOUSTON HOUSTON PASADENA HOUSTON DEER PARK HOUSTON DALLAS FORT WORTH FORT WORTH HOUSTON SALT LAKE CITY 1623 6153 2221 3465 3462 2221 2281 3592 2754 2821 5181 3567 4841 5051 2821 3711 3651 2819 3211 2813 2869 4941 3711 1311 5651 5651 1311 1311 4512 3674 7011 2086 4225 3563 1311 2812 5012 3253 4731 3363 2911 7011 2869 1389 2911 5169 7011 3695 3661 4939 1021 BROWN, JOHN ACCORD FINANCIAL CORP CONSOLTEX GROUP INC MAGNA INTERNATIONAL INC OVAKO STEEL OY AB TSUZUKI SPINNING CO LTD TSUZUKI SPINNING CO LTD NITTAN VALVE CO LTD PELADEAU, PIERRE SUMITOMO CHEMICAL CO LTD LION NATHAN INDUSTRIAL COMMERCIAL EQUIPMENT INC PHILIPS GLOEILAMPENFABRIKEN NV MITSUI & CO LTD ET AL NIPPON SHOKUBAI CO LTD NISSAN MOTOR CO LTD PHILIPS NV FRANCE, GOVERNMENT OF ASAHI GLASS CO LTD BOC GROUP PLC AKZO NV SEVERN TRENT LTD MANGINO INDUSTRIAL GROUP ROYAL DUTCH SHELL GROUP ARMANI, GIORGIO ARMANI, GIORGIO BAKHSH, ABDULLAH TAHA BRONFMAN FAMILY AIR CANADA FUJI ELECTRIC CO LTD WORLD PLAN EXECUTIVE COUNCIL CADBURY SCHWEPPES PLC EEMTRANS GROUP NOREX PLC PITTENCRIEF PLC WANG, YUE-CHE & FAMILY TOYOTA MOTOR CORP INTERCERAMIC CO KUEHNE & NAGEL COATS VIYELLA GROUP PLC VENEZUELA, GOVERNMENT OF MUI GROUP NIPPON PETROCHEMICALS CO LTD ORKLA AS MEXICO, GOVERNMENT OF ET AL METALLGESELLSCHAFT AG MALAYSIAN INVESTORS HANNY MAGNETICS HOLDINGS LTD NOKIA CORP NATIONAL POWER PLC RTZ CORP PLC UK CA CA CA SW JA JA JA CA JA NZ CA NL JA JA JA NL FR JA UK NL UK MX NL IT IT SA CA CA JA NL UK NL UK UK TW JA MX SZ UK VE MY JA NO MX GE MY HK FI UK UK OT AM AM NP PE NP NP PE AM JV JV NP OT OT PE PE OT JV El NP NP AM AM JV OT OT AM OT El AM AM El OT AM AM PE OT NP OT AM AM AM NP El PE JV AM AM El AM NP VALUE ($ MILLION) 16.0 77.5 3.8 84.5 53.0 12.0 48.8 1010.0 21.0 10.0 4.8 125.1 23.0 2.0 231.8 8.8 3.8 947.0 13.7 76.0 320.0 18.0 23.2 1000.0 3.0 64.0 150.0 880.0 TS US FIRM NAME LOCATION SIC FOREIGN INVESTOR NA TYPE UT VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VT WA WA WA WA WA WA WA WI WI WV WY OIL & GAS PROPERTIES 545 ACRES ALCATEL DATA NETWORKS AMERICAN TECHNOLOGY INDUSTRIES LTD BHK OF AMERICA INC BT MARINE CABLE & WIRELESS INC FLEA FAIR BUILDING FOOD LION INC OFFICE DEPOT INC ORBCOMM PARI RESPIRATORY EQUIPMENT INC POTOMAC MILLS SHOPPING CENTER ADDITION SPECIALTY COATINGS INTERNATIONAL INC SPIEGEL OUTLET STORES TALBOTS PETITES UNITED SOLAR SYSTEMS CORP USAIR GROUP INC W R VANDERSCHOOT INC YOKOHAMA RUBBER CO GIORGIO ARMANI GENERAL STORE CELLPRO INC HYUNDAI AMERICA SHIPPING AGENCY LIVINGSTON INTERNATIONAL INC MID-MOUNTAIN CONTRACTORS INC PLUM CREEK REMANUFACTURING JOINT VENTURE SEAFREEZE COLD STORAGE INC WASHINGTON FRONTIER JUICE INC LANSON INDUSTRIES INC REXNORD INC GOODYEAR'S POLYESTER RESIN BUSINESS CORDERO MINING CO FOUR CORNERS LOUDOUN COUNTY RESTON CHESAPEAKE HALIFAX COUNTY RESTON VIENNA NORFOLK MANASSAS ALEXANDRIA DULLES RICHMOND PRINCE WILLIAM RICHMOND POTOMAC MILLS PENTAGON CITY NEWPORT NEWS ARLINGTON CHESAPEAKE SALEM MANCHESTER SEATTLE SEATTLE BLAINE SEATTLE SPOKANE SEATTLE PROSSER MUSKEGON MILWAUKEE POINT PLEASANT PDR RIV BASIN 1311 BAKHSH, ABDULLAH TAHA TAKAHASHI, HARUNORI ALCATEL NV NITTO KOGYO HOLZ & KINSTOFFBAU POSSE GMBH & CO KG UNITED KINGDOM, GOVERNMENT OF CABLE AND WIRELESS PLC JIN GFAR DELHAIZE LELION SA FOURNIER, JACQUES ET AL TELEGLOBE INC PARI WERK GMBH KAN AM BOWATER PLC OTTO, WERNER FAMILY JUSCO CO CANON INC BRITISH AIRWAYS PLC SAMEN MAUSER YOKOHAMA RUBBER CO LTD ARMANI, GIORGIO CORANGE INTERNATIONAL LTD HYUNDAI MERCHANT MARINE LTD IVEY FAMILY ROYAL VOLKER STEVIN SUMITOMO CORP TOYO SUISAN KAISHA LTD TOSHOKU LTD NABCO LTD BTR PLC ROYAL DUTCH SHELL GROUP RTZ CORP PLC SA JA FR JA GE UK UK HK BE FR CA GE GE UK GE JA JA UK SZ JA IT BD KS CA NL JA JA JA JA UK NL UK AM RE JV NP NP OT OT RE OT OT JV NP RE AM OT OT JV El AM PE OT AM OT OT AM PE OT NP AM AM AM AM 3661 3555 2493 4813 4813 ★★★★ 5411 5943 4899 3845 **** 2851 5621 5621 3629 4512 5191 3011 5651 8731 4412 4731 1623 2452 4222 2033 3669 3569 2821 1221 VALUE ($ MILLION) 0.4 40.0 3.5 6.0 80.0 434.0 30.0 300.0 110.0 1.5 6.5 8.0 204.3 120.5 STATE ABBREVIATIONS Abbreviations AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Abbreviations MO NE NV NH NJ NM NY NC ND OH OK OR PA PR RI SC SD TN TX UT VT VA WA WV WI WY State Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming APPENDIX D DESCRIPTION OF KEY TERMS DESCRIPTION OF KEY TERMS Abbreviations - AM - Acquisition/Merger El - Equity Increase JV - Joint Venture NA - Nationality NP - New Plant OT - Other PE - Plant Expansion RE - Real Estate TS - Transaction Site TYPE - Type of Investment Acquisition - a transaction in which title to stock or assets of the U.S. entity is secured by another person or enterprise. The substantive result is that one party obtains ownership of another. Agency - foreign financial intermediary operating in the United States primarily financing international transactions, but prohibited from accepting domestic deposits. Branch - foreign financial intermediary (integral part of the foreign parent bank) which can accept domestic deposits. Development - realty investment that involves construction (as opposed to purchase). Equity Increase - a gain in the percentage of equity securities held, or an equivalent gain in the percentage of ownership, by a foreign investor. Foreign Direct Investment -- the direct or indirect ownership by a single foreign person, company, or affiliated group of persons or companies of 10 percent or more of the voting securities of a U.S. incorporated business enterprise, or an equivalent interest in a U.S. unincorporated business enterprise, or a 10 percent or more interest in real property. Joint Venture - a transaction in which two or more parties establish a new business enterprise to which each contributes, and in which ownership and control is shared. Merger - a transaction which results in the dissolution of the acquired business enterprise, into either another already existing or into a reorganized (but not always renamed) company. New Plant -- a new operating facility, established either in conjunction with an existing foreign-owned productive enterprise or as a completely new venture. Other - when used as a classification of investment type, this category includes, but is not limited to, new companies, headquarters, subsidiaries, branches, agencies, representative offices, stores, outlets, warehouses, and unidentified transactions. Plant Expansion - an addition to the production capacity of an existing foreign-owned operating facility. Purchase - used herein to describe realty transactions, specifically the acquisition of real property. Real Estate - real property, excluding agricultural land and individual residential units for personal use. Standard Industrial Classification (SIC) -- categorizes U.S. industries in a numerical classification series, in accordance with the composition and structure of the domestic economy. Subsidiary - separate legal entity either owned or controlled by foreign investors but permitted to do business in the United States under state and/or federal authority. Transaction Value - the reported total cost of the investment or the estimated proportion of the investment if a joint venture, regardless of the source or timing of funds. * U.S. GOVERNMENT PRINTING OFFICE: 1994-300 -5 7 2 / 04031
@FedFRASER