If You Thought These Companies Are Still American, You Are Wrong

Published on 02/10/2022
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Smithfield

If you are looking for pork-based products, you will not find something that can beat Smithfield Foods. This company has been around since 1936, which was the year Joseph W. Luter and his son opened it. The business saw a steady increase until it became one of the biggest players in the meat industry 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 though the HQ of the company remains in Smithfield, Virginia, the executive decisions are made in Luohe, Henan.

Smithfield

Smithfield

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Holiday Inn

Nearly 70 years ago, Holiday Inn had been nothing more than a single motel in between Memphis and Nashville. After a bad experience while taking a road trip with his family, Kemmons Wilson came up with a great idea. A year after he put things into motion, he had already partnered with Wallace E. Johnson to construct more locations! In the late ‘80s, an English company known as the Intercontinental Hotels Group bought the hotel chain. Even to this day, new locations continue to pop up across the nation and all over the world! It is still under the ownership of IGH, which must mean it was a great investment.

Holiday Inn

Holiday Inn

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