Companies That We Believed To Be American, But They Are Really Not!
Many of the world’s most well-known companies began, from Starbucks to Apple, in the United States. These businesses began as start-ups before becoming industry titans. On the other hand, the business world is never as simple as it appears. Even though a company is created in the United States, staying there indefinitely is unnecessary. You may be astonished to learn that many of these companies are no longer American. Foreign investment benefits a wide range of enterprises, including IBM, Ben & Jerry’s, and even Holiday Inn. Many firms would have been forced to close without acting quickly.
Companies That We Believed To Be American, But They Are Really Not!
General Electric
General Electric was a young company when it began operations in 1982. Regardless, its popularity has grown since then. Since then, it has grown into a variety of other industries, including healthcare, aviation, venture capital, and even renewable energy. This is one of those companies that makes you feel like you’re shopping at a local store because of the “Made in America” stamp on the merchandise. However, Haier, a Chinese conglomerate, has been the company’s principal shareholder since 2016. To put this in context, acquiring GE costs $5.4 billion. While the items are still built in the US, the decisions are still made in China.
General Electric
