Brookstone Inc
Brookstone Inc. was founded in the mid-1960s as a mail-order company that specialized in selling specialized and unique products. It started selling alarm clocks, remote control toys, and other accessories after a while. By 2018, the company had grown to 34 locations across the US. However, in 2014, the company ran into financial difficulties and had to declare bankruptcy.
Brookstone Inc
Sanpower and Sailing Capital, two Chinese corporations, were fortunate enough to save the company by purchasing it for $173 million. We are thankful that they intervened at the right time to keep Brookstone from going completely bankrupt. The corporation was able to emerge from bankruptcy a few months later, in July 2014, providing much-needed relief to the public.
Dairy Farmers of America Inc
Who’d have guessed that a company with a name like the Dairy Farmers of America would have ties to China? It is true, despite the fact that it appears improbable. Inner Mongolia’s Yili Industrial Group partnered with DFA in 2014 to build a new milk powder processing factory.
Dairy Farmers Of America Inc
It happened around the same time that China was unable to produce milk due to a drought in New Zealand, a neighboring country. This meant the country’s food supply was completely cut off. Inner Mongolia Yili Industrial Group has increased its international footprint in recent years in an effort to combat the problem. The two companies are bedfellows, despite the fact that DFA does not own it.
