Companies That Are Not American Made, But Everyone Believes They Are!

Published on 10/05/2021
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The Barclays Center

The magnificent Barclays Center is well-known among sports and music fans. This historic property was purchased by Joseph Tsai, a Taiwanese-Canadian business entrepreneur, in 2019. In addition, the chairman of the Alibaba Group purchased the NBA’s Brooklyn Nets. Tsai stated at the time, ‘With full ownership of the Nets and the Barclays Center, we will continue to provide our fans with our colorful style of basketball.’ “We have made a significant commitment in Brooklyn, and it will be a pleasure to bring the finest of the Barclays Center and its outstanding entertainment to our neighborhood,” said the company.

The Barclays Center

The Barclays Center

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Brookstone Inc

Brookstone Inc. began in the mid-1960s as a mail-order company focusing in uncommon and difficult-to-find things. It eventually expanded its product line to include alarm clocks, remote control toys, and other items. It had 34 locations in the United States as of 2018. However, it experienced a financial setback in 2014 and declared bankruptcy. It’s a good thing two Chinese businesses, Sanpower and Sailing Capital, bought and saved it for $173 million. We owe them gratitude for intervening in time to prevent Brookstone’s bankruptcy. When the company emerged from bankruptcy in July of that year, the public was relieved.

Brookstone Inc

Brookstone Inc

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