Segway Inc.
The first Segway, a futuristic two-wheeled, upright scooter with gyro stabilization, entered the globe in 2002. The demonstration of personal transportation technology was amazing. Although the Segway firm never really achieved success in the American market, the device was particularly well-liked in the tourism sector. Segway was always being traded about since it never gained widespread popularity outside of selling as a niche product. Through a transaction in 2015, it eventually discovered its current owner Nine Bot, a Shanghai-based software business.
LL Bean
LL Bean is well-known for its outdoor clothing and camping supplies and is also known for their excessively lenient return policy. Since 1912, the company has provided warm, waterproof boots, coats, and other outdoor goods to Americans; 425 of its 5,000 items are made here. However, 90% of the goods that LL Bean sells are still produced in factories in Mexico, China, India, and other countries.
Uber
Sharing the cost of a ride gave Uber founders Travis Kalanick and Garrett Camp the idea for their company. The business debuted in 2009, but in 2016 it sold its Chinese assets to a Chinese rival, DiDi Chuxing Technology. Uber (China) was compelled to sell because it was losing $1 billion annually to the Chinese mobility firm. DiDi acquired a small share in Uber as part of this transaction as well.
Craftsman
Craftsman products were proudly offered in Sears department stores across the nation for many years. They were also offered for sale for a while in Kmart shops. Sears sold the Craftsman line to Stanley Black & Decker in 2017 to help the business stay viable. While certain handcrafted items are still produced in the US, many others are now produced by foreign companies. They are currently widely produced by the Chinese business Apex Tool.
Gillette Razors
For a while, Gillette Razors took great pride in claiming that its goods were “manufactured in Boston.” However, a lot of the parts originate from several foreign suppliers. Locally, in China, from Poland, and even from Mexico do some of them originate from.
