Add Del Monte to the list. Consumer side was sold recently.
RE: Add Del Monte to the list. Consumer side was sold recently.
So, which foreign entity owns them now?
Westinghouse Electric Company - that 60,000+ employee company who used to build power plants, nuclear plants, submarine reactors, and transformers and generators and electric appliances?
Sold to Siemens (Germany) in the mid-90’s. One small division is left American-Owned because the Navy did not want its high-enrichment reactor technology and secrets owned by a German company.
But GE and General Motors both made more money from their finance divisions and loan er-investments GMAC for example - than from their manufacturing sides.