50+ Businesses That Are Not American Anymore

Published on 10/22/2021
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Segway Inc

For many years, riding a motorcycle on two wheels was thought to be something out of a science fiction film. However, in recent years, things have changed dramatically. Segway, Inc. has shown us that this is also possible in the real world. Ninebot, a Beijing-based company, purchased the transportation company for 80 million dollars in 2015.

Segway Inc

Segway Inc

Thanks to the Chinese company’s assistance in expanding Segway’s presence in the worlds of technology and robotics, things have only gotten better for the company since then. The corporation announced plans to relocate its manufacturing sector from New Hampshire to China in 2018. Finally, the company issued a retraction, stating that the vast majority of production would remain in Bedford.

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John Hancock Life Insurance

Financial Opportunities by John Hancock is a brand name for a variety of financial products that can be purchased. No one can deny that the company’s most well-known product is life insurance, and this is no secret. It has been in operation since 1862 in Boston, and it is still going strong.

John Hancock Life Insurance

John Hancock Life Insurance

However, in 2004, it was purchased by Manulife Financial, a Canadian corporation. Although the new parent company could have simply absorbed the John Hancock brand, it chose to keep it as a symbol of continuity under its previous name. Manulife Financial is headquartered in Toronto and has a workforce of over 34,000 people, including 63,000 agents.

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