• Bloomberg: McLernon: Focus on U.S. Tax Code Fix, Not Inversions
    President & CEO Discusses How Treasury's Regulations Could Chill FDI
  • Europe Groups Fear Being Caught in US Tax Crackdown
    Multinationals Hope To Prevent Becoming Unintended Targets Of Anti-Inversion Legislation
  • Red Tape and Retroactively Raising Taxes Won’t Create Jobs
    Thoughts On The Proposed Corporate Inverters Earnings Stripping Reform Act
  • ‘Inversion Fixes’ Must Not Threaten Foreign Investment
    OFII Applauds Secretary Lew For Recognizing The Importance Of FDI
  • The Hill: US Tax System Is A Global Punchline
    Nancy McLernon Cautions Policymakers Against Legislation That Would Inadvertently Hurt FDI
  • WSJ: Firms Warn Inversion Crackdown Carries Risks
    Foreign-Owned Companies Cite Possible Cuts in US Jobs, Investment

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Global companies employ over 5.6 million Americans.

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    Alcatel-Lucent acquires Optoplan, enhances submarine subsidiary's focus on oil and gas industry

    Fierce Telecom 

    Alcatel-Lucent reached a deal to acquire Optoplan, a provider of 4D permanent reservoir monitoring solutions. This 4D PRM technology requires the permanent installation of seabed sensors to carry out 4D seismic surveys of oil or gas reservoirs, which then collects data that can be used by operators to monitor how oil, water, and gas move in a reservoir over time. This technology will make the process of drilling and draining reservoirs safer and more efficient.

    Tax Inversion Lobbying Booms as Corporations Fight Obama

    Bloomberg Government

    The number of companies lobbying the U.S. government on tax inversions more than doubled in the quarter ended Sept. 30, as they sought to prevent Congress and the Obama administration from imposing new restrictions.

    Umicore focuses on electronic waste disposal

    Metal Powder Report 

    Umicore has teamed up with a non-profit organization, WorldLoop, to improve the process of disposing waste from electronic devices in Africa. The centers set up by WorldLoop have already collected and dismantled more than 954 tons of e-waste. Since the start of the companies collaboration, around 25 tons of circuit boards waste have already been sent to Umicore’s recycling facility near Antwerp. 

    Read the full article HERE

    Press Releases

    POTUS Backdrop Brought to You by Insourcing

    Insourcing companies – like Toyota – have helped America’s manufacturing comeback

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in conjunction with President Obama’s visit to Millennium Steel as part of Manufacturing Day:

    Red Tape and Retroactively Raising Taxes Won’t Create Jobs

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in response to Senator Charles Schumer’s introduction of the Corporate Inverters Earnings Stripping Reform Act, intended to curb corporate expatriations:

    ‘Inversion Fixes’ Must Not Threaten Foreign Investment

    OFII applauds Secretary Lew for recognizing the importance of foreign investment

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in response to U.S. Secretary of Treasury Jack Lew’s comments this morning regarding efforts to curb corporate expatriations:                               

    So-Called ‘Inversion’ Fixes Threaten Foreign Investment

    OFII urges caution in efforts to limit corporate inversions so that historic foreign companies are not inadvertently impacted

    WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement after sending comments to the Senate Finance Committee regarding legislation intended to curb corporate expatriations:

    In the News

    Alcatel-Lucent acquires Optoplan, enhances submarine subsidiary's focus on oil and gas industry

    Fierce Telecom 

    Alcatel-Lucent reached a deal to acquire Optoplan, a provider of 4D permanent reservoir monitoring solutions. This 4D PRM technology requires the permanent installation of seabed sensors to carry out 4D seismic surveys of oil or gas reservoirs, which then collects data that can be used by operators to monitor how oil, water, and gas move in a reservoir over time. This technology will make the process of drilling and draining reservoirs safer and more efficient.

    Tax Inversion Lobbying Booms as Corporations Fight Obama

    Bloomberg Government

    The number of companies lobbying the U.S. government on tax inversions more than doubled in the quarter ended Sept. 30, as they sought to prevent Congress and the Obama administration from imposing new restrictions.

    Voya Financial Offers $500 Investment To Every Baby Born On Oct. 20, 2014

    InsuranceNewsNet

    Voya Financial announced that it was offering every baby born in the U.S. on October 20th, 2014 a $500 mutual fund investment as a head start on their future retirement savings. Voya’s campaign, “Voya Born to Save,” was introduced to celebrate National Save for Retirement Week and support the next generation on its path to retirement readiness. “Voya Born to Save” program is a reminder that people can start retiring at any age.

    E-Newsletter

    A Week of Trade and Investment

    While Washington is focused on competitive elections, I wanted to remind you of how important trade is to keeping America competitive in the global race for job creation.

    The Fall Rush Is Here

    The past two days have been important ones as OFII held its annual General Counsel Conference here in Washington.  Chief legal officers of U.S.

    The 'Inversion' Diversion

    The recent spate of so-called corporate “inversions” – where an American company relocates its global headquarters to another country through a purchase of a foreign company – is the latest political diversion from policies that will make America more economically competitive.  Ostensibly, these inversion deals are undertaken to lower a company’s tax burden.  However, Washington’s response to-date will not only have little impact on such transactions,