The American Companies That Aren’t Actually American Anymore

General Electric

General Electric is another American company that has found itself in the hands of a Chinese company. General Electric was founded in 1892 and has become one of the biggest manufacturers in America. General Electric dipped its hands in different sectors such as aviation, household items, and even healthcare.

There are several Americans that think that General Electric is still owned by Americans, but they recently sold their appliances portion of the company to Chinese corporation Haier for $5.4 billion in 2016. So all the appliances you have recently received are not made in America but in China.