In early 2016, tire manufacturer Continental, which is based in Germany, announced plans to invest $1.4 billion

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In early 2016, tire manufacturer Continental, which is based in Germany, announced plans to invest $1.4 billion to manufacture commercial vehicle tires at a plant the company planned to build in Mississippi. Continental apparently felt that it would be better able to compete and create value with U.S.-based facilities. Other companies such as Fujifilm and Swiss chemical company Lonza have reached similar conclusions and taken similar actions. What are some of the reasons that foreign manufacturers of products as diverse as automobiles, film, and chemicals might arrive at this same conclusion?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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