Chinese company snaps up Nathan's hot dogs: 'Why are we allowing foreign companies to own American ones?'

Daily Mail ^

[Java4Jay]

Nathan’s Famous — the century-old hot dog brand synonymous with Coney Island and Fourth of July excess — has been sold for $450 million to Chinese-owned Smithfield Foods.

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TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: hotdogs; nathans; smithfield; smithfieldfoods

[Java4Jay]

Smithfield Foods began its growth in 1981 with the purchase of Gwaltney of Smithfield,[13] followed by the acquisition of nearly 40 companies between then and 2008, including:

Eckrich Farmland Foods of Kansas City John Morrell Murphy Family Farms of North Carolina Circle Four Farms of Utah Premium Standard Farms[14] Nathan's Famous Healthy Ones

[larryjohnson]

Read interesting history on wiki.smithfield, VA

[TwelveOfTwenty]

'Why are we allowing foreign companies to own American ones?'

We should have thought of that before offshoring our wealth and technology to China.

[Leaning Right]

Gotta give the ChiComs credit for one thing. They sure have innocent-sounding names for their American companies.

Not one person in a hundred would guess that “Smithfield Foods” is owned by China.

Perhaps there should be ownership labels on products, just as there are “made in” labels now.

[Trump_Triumphant]

Uh oh, what will the hot dogs be made of?

[Terry L Smith]

GDMFPOS!!!

All the hotdog comparison videos, both professional and backyard granpas have said “either zMatjans or Hebrew National are the dogs of choice.”

Now Nathans is owned by those closing CHINESE COMMIES?!?

[Sirius Lee]

Uh oh, what will the hot dogs be made of?

Dogs. They just told you.

[SmokingJoe]

Why would you worry about a hot dog company?
Its irrelevant.

[albie]

Can Joey Wangnut be far behind?

[Leaning Right]

> Why would you worry about a hot dog company? <

My concern is where the profits go. They will be going to Communist China. And from there, a decent slice will go to the ChiCom military.

No way could that be seen as a good - or even a neutral - thing. Sure, it’s only a drop in the bucket. But many drops will fill that bucket.

[Gen.Blather]

“Why would you worry about a hot dog company?”

During the cold war when PCs were the coming technology the classified project I was on wanted to buy some. NSA sent a couple of technicians, and they took us up to the roof and pointed an umbrella shaped antenna at a rival company that was far enough away we couldn’t see the building. Indexing about a millimeter at a time, they adjusted the antenna and showed us what every PC in the rival company was doing. One of them was working on the very same proposal we were working on. I said, “But how on Earth will they ever find us in the expanse of buildings.” The NSA guy put a hand on my shoulder and guided me to the edge of the building. He pointed down and across a busy highway. “You see that crappy little motel? Look at the small geodesic shape on the roof. That contains an antenna like the one over there and it is focused on you. That’s why we’re here.”

It was just a dirty little rectangle of rooms built forty years before my company even came along. I’m sure the Soviets bought it for pocket change. That’s the danger of the Chinese owning anything in the US.

[ArcadeQuarters]

The secret plan to explode American hearts with sodium.

[Java4Jay]

Smithfield makes about the worst beacon

[Java4Jay]

Bacon

[spincaster]

Wont buy Smithfield pork.

[V_TWIN]

I normally buy Hormel anyway.

“Founded in 1891 as George A. Hormel & Company in Austin, Minnesota. In Fort Dodge, the Tobin Packing Company(opened 1934) was purchased by Hormel in 1953”.

[oldtech]

Wasn’t aware that the Chinese owned Smithfields. Why is this being allowed? Of course, it’s not just Smithfields I’m sure. I can’t think of any reason China should be allowed to own an American brand. Why is this? Now supposing some outfit in America tried to take over a Chinese brand...I think Americans would be afraid to buy it, so that company wouldn’t likely do much business here;at least that’s my guess. Maybe the answer would be to enforce China to put “PRODUCT of CHINA” in big letters on Smithfield products. I had recently purchased a Smithfield food product not knowing the brand was owned by the Chinese. Now the product was OK as far as I could tell,but I’m not sure I want to buy another. I assume the Smithfield company must have allowed this to happen.

[READINABLUESTATE]

Chinese products used to be marked “made in USA (a city in China) back in the 70’s

[SmokingJoe]

Joke post yes?
Buying a burger company will let China steal US technlogy?
Same China that has rovers on both the moon and on Mars right now?
So when you going to stop talking utter nonsense?

[SMARTY]

Sometime back I quit buying Smithfield bacon when I heard China bought the company!

Now I have to give up Nathans all beef dogs too??