Oracle CEO says it makes sense to put jobs in US

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Associated Press

Posted on September 17, 2013 at 1:03 PM

Updated Tuesday, Sep 17 at 1:03 PM

HELENA, Mont. (AP) — Oracle Corp. president Safra Catz says it makes sense to bring jobs back to the United States.

Catz spoke Tuesday to a gathering of several thousand business leaders and others in Butte, Mont.

She says her company is bringing more jobs back to the U.S. because the entire value of Oracle s in its employees. Oracle has been centering its cloud computing division in Bozeman, Mont.

The Boeing Co. CEO Jim McNerney told the crowd that locating workers outside the country is no longer as compelling as the cost of business increases overseas.

McNerney predicted that improved business efficiency, fast-paced energy development and other factors will lead to a renaissance of American manufacturing.

He announced a $35 million expansion for Boeing's plant in Helena, Mont., that will add 20-25 jobs.

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