Foreign Acquisitions by U.S. Food Manufacturers
March 26, 2003
Much attention has been placed on foreign market viability, building overseas versus exporting from the U.S. and partnering with foreign companies. U.S. investment in foreign food manufacturing surpassed foreign investments into the U.S. in 1993 and stood at $36.18 billion by the end of 1996, according to Food Engineering's Overseas Manufacturing report (January 1999, p. 43). Listed are select examples of acquisitions by U.S. food manufacturers in 1998 and 1999.