Essay on Oilwell Case
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History of Oilwell Cable Company (OCC)
Originally known as the Chord Cable Company and located in New Jersey, the ﬁrm had been experiencing severe management difﬁculties. When acquired by new management in 1983, they renamed it Oilwell Cable Company and relocated in Lawrence, Kansas to be closer to their primary customers in northeastern Oklahoma. Their product line consisted primarily of ﬂat and round wire and cables for submersible pumps in oil wells. The manager chosen to head up the new enterprise, Gino