In today’s global world, who owns your traditional American company?
· Budweiser: owned by Belgian-Brazilian conglomerate
· Heinz ketchup: run by Brazilian private equity group
· Movies: Chinese real estate company Dalian Wanda owns more US cinema screens than any other US company
· Jim Beam whiskey: Japanese
Gerber baby food, Holiday Inn hotels, Alka-Seltzer, Hellman’s Mayo…all owned by non-American conglomerates.
In addition to this, 8.5 million Americans work for foreign companies (Source: Bloomberg.com).
Who are you competing against? Purchasing from?
