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Americana for Sale - Foreign Investment in the U.
It's nothing personal, it's just business. American CEOs earn the highest executive salaries in the world, but their companies are offshoring jobs overseas for cheaper labor, saying they "have to be more competitive in the global marketplace".
But if American wages as well as regulations and taxes are supposed to be such a huge disadvantage, then why are so many foreign businesses buying American businesses and paying American employees?
American Standard based in Piscataway, New Jersey has a history dating back to the 's. It's now principally owned by Sun Capital and Bain Capital.
In Augustin another attempted buyout of a U. So the largest proposed purchase of a U. Other notable withdrawn Chinese buyouts of U. Duringthe most recent year with data available, the CFIUS was notified times of deals that fell under its purview. Of those covered deals, 40 were investigated and just five were withdrawn during that investigation.
Recently China's top pork producer, Shuanghui International, offered to buy the U. Including the assumed debt, the deal would be the biggest Chinese buyout of a U.
The proposed buyout is a new chapter in questions about safety of food and the quality of goods from global companies. Richard Raymond, former undersecretary of Agriculture for Food Safety and now a food safety and public health consultantsays "I'm surprised and disappointed.
I just hate to see a large American company like that going under foreign ownership.
As our toilets go, so goes our bacon. Americana is up for sale to the highest bid. Alka-Seltzer is owned by Bayer as in aspirina German pharmaceutical company. It operates multiple sites in the United States, for manufacturing, administration, marketing and research and development.
The Good Humor ice cream brand was introduced in Ohio in the s. The product was sold from trucks and grew so popular that it went national within a decade. InThomas J. Lipton as in tea acquired it. It operates more than 7, stores throughout the country. Gerber is one of the best-known makers of baby products in the United States.
The company was founded in Michigan inand its pureed bananas, pacifiers and baby bottles have been flying off U. Inthe company merged with Sandoz Laboratories, which merged with another company in to form drug-maker Novartis. Harvey Firestone founded his tire company in in Akron, Ohio.
Firestone Tire and Rubber hit the big time a few years later when it became the exclusive supplier of tires to Ford Motor, and for decades, it was profitable. The company fell on hard times in and was sold in to Bridgestone in Japan. It now operates several businesses as Firestone Diversified Products.
The founding of John Hancock Life Insurance dates back to Frigidaire was founded in in Fort Wayne, Ind. Seven years later, White Sewing, along with Frigidaire as in kitchen appliances was sold to Electrolux, the Swedish appliance company.I have access to several successful 7-Eleven business plans that were used in the past years by potential franchisees like yourself to be qualified for a store.
The cost of these plans is $ for the first plan and $ for each additional plan. Bud Meyers writes about the economy, politics, Social Security, corporate out-sourcing, labor statistics, the REAL unemployment rate, taxes and tax evasion, government and corporate corruption, and the plight of the long-term unemployed.
The final part of British cycle is here! New collection, the next part of Halloween with brand new game mode and much-much more! Keep an eye out on the official World of Warships website.
Obama dismisses McCain 9/11 commission proposal. We're still awaiting more details about the 9/11 Commision-style investigation John McCain would like to launch into the financial turmoil roiling.
7-Eleven stands as one of the world's best-known convenience store brands. With franchise locations in both the US and around the world, franchise owners find lucrative opportunities under the 7-Eleven banner.
Be aware, 7-Eleven, and other franchises, regularly change their requirements, so it makes sense to visit the corporate website before embarking on your business plan.
If all this talk about financials and market analysis is giving you a headache, however, you may want to consider hiring a professional business plan writing firm.