For example, it thinks that the oil and gas companies in Aberdeen could sell a lot more of their offshore-engineering products and services if they shared more information and tackled common technological problems together.

ECONOMIST: Fashions are changing in the inward-investment business

It offered the bond in London, which is vying to beat other financial centres in developing an offshore market for yuan-denominated products.

ECONOMIST: Business this week

Controlled by the founding Swire family, the company's operations also include property development in Hong Kong, marketing and distribution of Coca Cola products in China and supplying offshore oil rigs.

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In addition to the growing incentives for companies to manufacture here, American workers will benefit from the growing number of innovative products designed in the U.S., even if the products continue to be manufactured offshore.

FORBES: Coming To America

"We are hopeful that Vestas will go ahead with their plans for a research and development facility on the Isle of Wight which could provide up to a further 300 jobs and also help develop and test products that are suitable for the UK offshore market, " she said.

BBC: Sit-in turbine workers fenced in

Based in Houston, Forum Energy makes products and parts used in land-based and offshore oil-and-gas exploration and development.

WSJ: Trio of IPOs Have Mixed Debuts

Some manufacturing activities that had been moved offshore are now starting to return to theUnited Statesto take advantage of the low fuel costs for manufacturing their products.

FORBES: GE's Immelt: Natural Gas Now Much Cheaper Than Nuclear

But I am adamant that we should not provide incentives for U.S. companies to produce products abroad that they turn around and sell in the U.S. market then claim the profits offshore.

FORBES: Can Obama Revive Manufacturing in America?