50+ Companies That Are Not American Anymore

Published on 10/01/2021
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Smithfield

If you are looking for pork-based items, you will not discover something that can beat Smithfield Foods. This company has been around since 1936, which was the year Joseph W. Luter and his son founded it. The business saw a steady development until it became one of the leading participants in the meat market, with more than 500 farms in the United States. In 2013, it was bought by WH Group for $4.72 billion. Back then, this was the most expensive purchase that a Chinese company made in America. Even if the HQ of the corporation remains in Smithfield, Virginia, the executive decisions are made in Luohe, Henan.

Smithfield

Smithfield

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Holiday Inn

Holiday Inn had been little more than a solitary motel on the interstate between Memphis and Nashville nearly seven decades ago. When Kemmons Wilson had a negative experience while on a road trip with his family, he came up with a brilliant solution to the problem. Within a year of putting things in motion, he had already formed a partnership with Wallace E. Johnson to expand the number of outlets! The Intercontinental Hotels Group, an English corporation founded in the late 1980s, acquired the hotel chain in the late 1990s. Today, additional locations continue to open in cities and towns across the country and around the world! This property is still under the possession of IGH, indicating that it was a wise investment on their part.

Holiday Inn

Holiday Inn

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