The American Companies That Aren’t Actually American Anymore

Hoover

Hoover has been making appliances for Americans since 1908 and is one of the most trusted brands when it comes to cleaning your home. Hoover was founded by Henry Hoover, who wanted to make quality products that would last. The company remained in American hands for quite a while before it was sold to Techtronic in 2006.

The Chinese company acquired Hoover for a healthy $7.7 billion and hasn’t regretted it since as they now own a good portion of the market. The quality of Hoover appliances has decreased, but sales are still up as the products have gotten cheaper.