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

Published on 08/23/2020
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Dairy Farmers of America Inc

Who would have thought that a company with a name like the Dairy Farmers of America is actually associated with China? It might seem unlikely, but it is true! In 2014, Inner Mongolia Yili Industrial Group teamed up with DFA to make milk powder in a new processing plant. It happened at around the same time that China could not produce milk thanks to a drought in New Zealand. This meant that the supply in the country was cut off. In an effort to combat the problem, the Inner Mongolia Yili Industrial Group upped its international presence. Even though it does not own DFA, the two of them are bedfellows.

Dairy Farmers Of America Inc

Dairy Farmers Of America Inc

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Fab.com Inc

The truth is that any business in the online design industry faces a lot of competition. Fab.com Inc used to be based in New York, but it has since secured a large investment worth about a billion dollars from Tencent Holdings. Fab had said that it hoped to go into the Asian market. “It’s a way to enter markets through strategic partners who can help mitigate risk and will increase the likelihood of success,” shared CEO Jason Goldberg. Two years later, a company called PCH International bought the company in 2015. After this happened, it has since been rebranded into a wellness brand that specializes in yoga gear.

Fab.com Inc

Fab.com Inc

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