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Overseas Corporations

Hi

I am looking for about 3 pages in total re: the companies below - specifically the reasons why these chose to relocate their headquarters overseas. Please cite all sources.

Thank you

(1) Cooper Industries; (2) Ingersoll-Rand; (3) Nabors Industries; (4) Noble Corporation; (5) Weatherford International; (6) Tyco; (7) The PXRE Group; (8) Foster Wheeler; (9) Accenture; (10) APW; (11) Carnival Corporation; (12) Everest Reinsurance; (13) Fruit of the Loom; (14) Global Crossing; and (15) Helen of Troy.

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This look's like an interesting assignment, though, so let's see where I can be helpful

I am looking for about 3 pages in total re: the companies below - specifically the reasons why these chose to relocate their headquarters overseas. Please cite all sources.

Good overall site to help you -

http://www.treasurer.ca.gov/news/releases/2003/20030717sb1067.pdf#search='Noble%20Corporation%20relocate'

Fruit of the Loom - closed their Bowling Green, KY factory and opened a factory, in Mexico. A few thousand people lost their jobs because they could hire cheaper labor.

Also look at -

http://www.arabicnews.com/ansub/Daily/Day/040917/2004091719.html

http://www.stls.frb.org/publications/br/2002/b/index.html

Cooper Industries - A total of 435 salaried and 771 hourly positions were eliminated as a result of the planned closure and rationalization actions. Of those position eliminations, approximately 600 positions were replaced ultimately as a result of Cooper's ongoing efforts to relocate production capacity to lower cost locations. Substantially all of the closure and rationalization activities were initiated and completed by the end of 2003. The expenditures related to the 2002 restructuring charge were funded from cash provided by operating activities.

Also look at:

http://biz.yahoo.com/e/051107/cbe10-q.html

http://money.cnn.com/1998/08/18/deals/federal/

Ingersoll-Rand - ...

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