50+ Companies That Are Not American Anymore

Published on 10/01/2021
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Dairy Farmers of America Inc

Who would have guessed that a firm with a name like the Dairy Farmers of America would be affiliated with a country as far away as China? Although it appears improbable, it is true! In 2014, the Inner Mongolia Yili Industrial Group partnered with DFA to build a new milk powder processing factory in Inner Mongolia. It occurred about the same time that China was unable to manufacture milk due to a drought in the neighboring country of New Zealand. This meant that the country’s food supply had been cut off completely. In an effort to counteract the problem, the Inner Mongolia Yili Industrial Group has increased its foreign footprint in recent years. Although it does not own DFA, the two companies are bedfellows.

Dairy Farmers Of America Inc

Dairy Farmers Of America Inc

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Fab.com Inc

The reality is that any company operating in the online design market will encounter significant competition. Fab.com Inc. was formerly based in New York. Still, it has recently received a significant investment from Tencent Holdings, valued at approximately one billion dollars. Fab had previously stated that it wished to expand into the Asian market. According to CEO Jason Goldberg, “it’s a method to enter markets through strategic partners that can assist lower risk and raise the likelihood of success.” In 2015, a corporation called PCH International purchased the company, which had been in operation for two years. In the aftermath of this incident, the company has reinvented itself as a health brand that is focused on yoga gear.

Fab.com Inc

Fab.com Inc

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