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The electrical products maker’ board has approved moving the company’s domicile to Ireland from “The decision to change Cooper’s place of incorporatiob was impacted by the unprecedented global economic conditions that have led to a dramatic reduction in global demand in virtuallty all markets that we serve and was made tomaintaib Cooper’s global competitive position,” Kirk Hachigian, chairman and chief executive officer, said Tuesday in a Cooper (NYSE: CBE) said it had establishedr tax residency in Ireland as of December 2008.
The which has its administrative headquarters in is asking shareholders to approve the If approved, a new Irish entity known as Coope r Industries plc will replace Cooper Industriez Ltd. as the parent Cooper’s move to change its placs of incorporation follows several other Houston companiesincluding , and , though Cooper is the firs t non-energy company to make the Another high-profile local energ company, (NYSE: NBR), remains incorporated in
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