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    Relocation Blog July 16th

    Here are four articles of interest based on corporate relocation.

    Telmar Network Technology Relocates Headquarters to Plano, Texas

    PLANO, Texas, July 14 /PRNewswire/ -- Telmar Network Technology today announced that it has completed the relocation of its corporate headquarters to Plano, Texas, from Irvine, Calif. more http://tinyurl.com/hrcom-blogrelocation1


    McDonalds To Switch European HQ To Switzerland

    McDonalds, the ubiquitous global fast food chain, is to move its European headquarters from London to Geneva because Switzerland is a more suitable jurisdiction from which to manage its IP licensing throughout Europe.

    The widely-reported relocation is due to be completed in the autumn of this year and has been a year in the planning. However, the switch is supposedly not being motivated by new UK legislation governing the taxation of foreign profits, which went into effect on July 1. Rather, it will, according to the company, enable “the strategic management of key international intellectual property rights,” including the licensing of those rights to McDonalds’s franchisees in Europe. more http://tinyurl.com/hrcom-blogrelocation2


    Meade Instruments Reports Q1 Fiscal 2010 Results

    IRVINE, Calif., July 15, 2009 (GLOBE NEWSWIRE) -- Meade Instruments Corp. (Nasdaq:MEAD), a leading designer and manufacturer of optical products, including telescopes, binoculars and microscopes, today reported its results for its first quarter of fiscal 2010.

    As disclosed in its Form 10-K for fiscal 2009, the Company underwent significant changes in fiscal 2009, including replacement of its CEO and CFO, the sale of its former sport optics brands and European operations, relocation of its U.S. distribution center and corporate headquarters to a lower cost facility and the replacement of its $10 million credit facility. more http://tinyurl.com/hrcom-blogrelocation3

           

    Don’t Worry, Honey, You’ll Make New Friends

    It may not be the best time to bring this up, just when we’re all hoping no other sector of the economy proves to be a house of cards, but, well ... we may have another problem with American capitalism. It may be slowly eating away at the traditional concepts of community, place, and the extended family.

    Americans, we know, are an adventurous and mobile people. We like to push frontiers—move to the Big City, or Go West. But this mythology, at least in my understanding, has usually involved one, maybe two big moves. You went, you tried to make it, and eventually you settled somewhere. The class of people who kept moving—military, government, employees of a few major companies—was small. more http://tinyurl.com/hrcom-blogrelocation4

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