As most people know, a large portion of the world’s most well-known and most powerful companies commenced in America. These groups were just small enterprises prior to the world-conquering status and power that these titanic conglomerates achieved. The business world is often not what it appears to be, however. A business could have started in America, but it could very well soon have broader horizons. Amazingly, there are so many more brands that have departed from the USA than you may have previously estimated. Holiday Inn, IBM, even Ben and Jerry’s – these have all become international bodies. So, why do seemingly patriotic companies leave for distant shores? Let’s find out!
General Electric
General Electric’s humble 1982 beginnings could never have imagined their manifestation in such a short time into such a colossal force to be reckoned with. Nowadays, it has branched out far beyond electronics, with venture capital, healthcare, energy, and even aviation all included in its portfolio. Although the company that stamps its goods with “Made in America” is not lying, their production has remained in the U.S., but what many might not know is that, for several years now, General Electric has been the property of Chinese business, Haier. Haier took control of General Electric in 2016 for the astronomical amount of $5.4 billion, and control of the company remains in China.