The American Companies That Aren’t Actually American Anymore

Investing.com ^ | Oct 29, 202 | Kate Prince

[RicocheT]

Many brilliant companies – from Apple to Starbucks – have been founded in the United States, starting out as small ventures to become international leaders in their fields. However, the world of business isn’t always as straightforward as it looks. Regardless of how well-rooted a company’s American history is, it doesn’t mean that it will always belong to Uncle Sam.

In fact, many quintessentially American brands are no longer American-owned at all. From Ben and Jerry’s to IBM and Holiday Inn, overseas investors have played a big part in keeping these companies moving forward. Without them stepping in, some of them may have ceased to exist altogether.

[RicocheT]

The article is from October, but still relevant as many big brands and products are owned by international firms. The list is 180+ long, of which 150+ are all or part Chinese companies.

No wonder our federal and state government politicians. bow to China.

[algore]

There have been a lot of ‘American’ companies where the new CEO person have names that seem foreign.

But the stock prices then go up so it is all good I think.

[tired&retired]

WOW..

12. Forbes
Original Headquarters: Jersey City, New Jersey
Purchased By: Integrated Whale Media
Country: China

13. General Motors
Original Headquarters: Detroit, MI
Purchased By: Shanghai Automotive Industry Corp
Country: China

14. General Electric
Original Headquarters: Boston, MA
Purchased By: Haier (Appliances division only)
Country: China

[Fai Mao]

I think they have #13 reversed. GM owns Shanghai motors.

FWIW I won’ t buy any UAW automobiles so I do not care.,

[SaxxonWoods]

One funny side note. In the article they talked about Levis being made all over the world except for one style, 501’s, which are made in North Carolina.

The only Levis with quality problems I’ve bought in years are all 501’s. Went to Wrangler but open to suggestions.

[Fai Mao]

Three main stock holders of GM

https://www.carlblackoforlando.com/blog/who-owns-general-motors/

[ShadowAce]

Went to Wrangler but open to suggestions.

I like Magellan, house brand for Academy Sports, I think

[Getready]

Wranglers are less than 1/2 the price of Levi’s....and about 80% as strong...Levi’s just not worth it...most of their goods are made overseas...they made Dockers brand,,,now they make yoga apparel too...

[Getready]

We’re making capitalistic foreign investors who employ workers at miserable wages rich. Our labor laws force our business “makers” to send money to foreign investors (who don’t have to take care of their workers) in order to survive. Soon our American companies will disappear. So the gains made by American unions and anti business voters will disappear with those companies and our workers will be working at miserable wages.

[Amendment10]

I wonder how many US companies, if any, have been purchased by foreigners with unconstitutional, unaccountable, US tax dollars?

[thinden]

The article is from October, but still relevant as many big brands and products are owned by international firms. The list is 180+ long, of which 150+ are all or part Chinese companies.

xxxxxxxxxxxxxxx

watch CNBC for a couple days, especially the interviews with corporate CEOs. It’s amazing how many are from overseas. many speak in broken english.

no wonder the big business globalist hate the america first orange man

[Wallace T.]

Trump was the first President since perhaps Eisenhower to be an economic nationalist. From Lincoln to Eisenhower, the GOP was the party of high tariffs and largely supported by manufacturing and commercial interests. The high tariffs enabled America to become the industrial powerhouse that helped win the two world wars. Now we see big chunks of American industry owned at least partially by China, a country with the goal of pushing the U.S. out of its role as a world superpower. During the height of the second Gulf War, the military had to purchase ammunition from Israel since our domestic manufacturers could not produce enough.

We may be lucky that the Russian Army appears incompetent and that the Chinese Army has almost no combat experience. But this country's streak of luck will run out someday.

[thinden]

thanx for the perspective

[Albion Wilde]

Bump