Abstract
With engineering and construction markets flat in the United States, especially in the environmental industry and for major infrastructure development, large and small U.S. engineering companies are debating whether to expand overseas. Many large firms have spread their tentacles across the oceans, while smaller firms are still wondering whether to take that first step. It's not only U.S. firms that are tempted. Markets are growing fast in Asia, Latin America, and Central and Eastern Europe. Most recently, India and some countries in the Middle East have shown growth potential for the engineering-service industry. Another reason for globalizing is to gain access to technology from abroad. Some firms go abroad to use lower-cost labor for detailed engineering, software writing, and production-oriented work. Catering to professional staff who want to return to their home country and make contributions there. Other reasons firms give for taking the plunge are that the international marketplace will increase profits, provide growth potential for their staff and help protect domestic market share.
Published Version
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