Many of the world’s most well-known businesses, from Starbucks to Apple, began in the United States. These companies began as start-ups before establishing themselves as industry heavyweights. On the other hand, the commercial world is never as straightforward as it appears. Even though a business is founded in the United States, it is not required to remain there in perpetuity. As you may be surprised to find, many of these companies are no longer American. Numerous businesses, including IBM, Ben & Jerry’s, and even Holiday Inn, profit from foreign investment. Numerous businesses would have been forced to close their doors had they not acted in time.
Companies That We Believed To Be American, But They Are Really Not!
General Electric
When General Electric began operations in 1982, it was a relatively young corporation. Despite this, its popularity has increased since then. It has since expanded its operations into a variety of other sectors, including healthcare, aviation, venture capital, and even renewable energy. Due to the “Made in America” stamp on the products, this is one of those companies that makes you feel as if you’re shopping at a neighborhood store. However, the truth is that Haier, a Chinese corporation, has been the company’s majority shareholder since 2016. To put this in context, it costs $5.4 billion to acquire GE. While the products are still manufactured in the United States, the decisions are still made in China.
General Electric
