Catherwood LibraryILR School

As foreign buyers descend upon the United States, capturing widening swaths of the industrial landscape and putting millions of Americans to work for new owners, a number of examples offer sharply competing narratives for a nation still uneasy about being on the selling end of the global economy. And with the dollar losing much value in recent years, the pace is picking up again, as some of the country?s most valuable assets go on the block at bargain-basement prices. For many communities, the consequences include new jobs at decent pay, fresh capital to finance expansion and links to markets around the globe. Yet many others are suffering from being branded redundant by huge enterprises with factories around the world.