Many of the world’s most well-known firms began in the United States, from Starbucks to Apple. These companies were formerly tiny start-ups before they grew into industry heavyweights. However, the commercial world is never as easy as it appears. Even though a firm was formed in the United States, that does not guarantee that it will remain there indefinitely. Indeed, you may be shocked to learn that many brands are no longer American. Foreign investors have a major part in the destiny of firms like IBM, Ben & Jerry’s, and Holiday Inn! Many of these firms might not exist today if they hadn’t intervened at the proper time.
Thought These Companies Are Still American? You Are Wrong, Find Out Here
General Electric
General Electric began as a relatively modest company in 1982. However, it has expanded at an exponential rate since then. It currently dabbles in a variety of areas, including healthcare, aviation, venture capital, and electricity. This is one of those companies that has a strong sense of belonging, owing in part to the “Made in America” label on the items. But the fact is that since 2016, it has been owned by a Chinese firm called Haier. GE was bought for $5.4 billion, which is on the upper end of the market. Even though the items are still manufactured in the United States, the final decisions are made in China.
General Electric