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In December 1941, when the United States entered the war against Germany, 250 American firms owned more than $450 million of German assets. [13] Major American companies with investments in Germany included General Motors, IT&T, Eastman Kodak, Standard Oil, Singer, International Harvester, Gillette, Coca-Cola, Kraft, Westinghouse, and United Fruit.
In 1935, the German-American Petroleum Company was the market leader in Germany among the Big Five petrol station chains. The DAPG operated a refinery in Bremen, Berlin, Cologne and Regensburg. Furthermore, from 1938 onwards there were holdings in Hydrierwerke Pölitz AG in Pölitz near Stettin (together with IG Farben and Rhenania-Ossag).
Concentration camp prisoners at a Messerschmitt AG aircraft factory. Private sector participation in Nazi crimes was extensive and included widespread use of forced labor in Nazi Germany and German-occupied Europe, confiscation of property from Jews and other victims by banks and insurance companies, and the transportation of people to Nazi concentration camps and extermination camps by rail.
I.G. Farben was originally formed in 1925 from the merger of Bayer and five other German companies, and by the onset of World War II was central to Germany’s war production effort.
As with hundreds of foreign-owned companies that did business in Germany at that time, Dehomag came under the control of Nazi authorities prior to and during World War II. It is also widely known that Thomas J. Watson, Sr., received and subsequently repudiated and returned a medal presented to him by the German government for his role in global ...
IBM and the Holocaust: The Strategic Alliance between Nazi Germany and America's Most Powerful Corporation is a book by investigative journalist and historian Edwin Black which documents the strategic technology services rendered by US-based multinational corporation International Business Machines (IBM) and its German and other European subsidiaries for the government of Adolf Hitler from the ...
A 2010 report from the U.S. Bureau of Labor Statistics found employees in the coal mining industry are more likely to be killed or injured, and their injuries are more likely to be severe, than ...
For more companies, head on over to 5 Biggest Failed Companies Due To Poor Management. The allure of the corporate world results in thousands of fresh graduates flocking to the corporate sector ...