Did USA have business ties with Hitler's regime?

Checked on January 21, 2026
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Executive summary

Yes — American companies and their foreign subsidiaries maintained significant business ties with Nazi Germany before and, in many cases, during the early years of World War II; some operations were integrated into the German economy and even the war effort, and U.S. corporate presence in Germany continued in complex ways until wartime seizures and postwar settlements [1] [2] [3]. The degree of direct support for Nazi policy and atrocities is contested, with archival evidence showing both commercial continuity and later efforts by firms to minimize or deny culpability IBMandthe_Holocaust" target="blank" rel="noopener noreferrer">[4] [1].

1. Pre‑war commerce: investment, subsidiaries and market presence

Long before Hitler’s aggression reached Europe’s borders, dozens of American corporations saw Germany as an essential market and investment opportunity, so that by 1939 a substantial number of U.S. firms owned German assets and operated subsidiaries there — a pattern traced in diplomatic correspondence and corporate records showing “more than a hundred American corporations” with subsidiaries or cooperative understandings in Germany [3] [2]. Scholars note this continuity of business from the 1920s into the 1930s, when banks and industrial firms financed German recovery and then kept factories and distribution chains in place after the Nazis took power [5] [3].

2. Wartime entanglement: subsidiaries, integration and state control

When war expanded, the relationship changed: some American-owned branches became integrated into the German war economy, were co‑opted by authorities, or continued production under German administration; U.S. archival analyses document that foreign branches of some American enterprises were effectively absorbed into the Reich’s production apparatus and that the German government blocked or administered U.S. assets after 1941 [1]. National‑level controls, confiscations and the Reich’s takeover of “enemy” property complicate the picture — some plant output was repurposed for military needs, sometimes under German orders, sometimes through pre‑existing local management [1] [2].

3. Who the major players were — documented examples and contested claims

A number of familiar names recur in contemporary reporting and scholarship: automotive subsidiaries of Ford and General Motors operated in Germany and have been cited for factories that later produced military equipment [5] [2]; ITT had stakes in German aircraft maker Focke‑Wulf and was later compensated for wartime bombing damage [2]. Coca‑Cola’s German operations adapted to the wartime market and produced Fanta, while Eastman Kodak subsidiaries and other firms have been alleged to continue trade into the war years [6] [7] [8]. IBM’s Dehomag operations are central to a sustained scholarly debate about technology services provided to Nazi administrative programs — Edwin Black and others argue IBM’s European branches supplied tabulating technology under New York oversight, a claim IBM disputes but which many sources treat as well‑documented and controversial [4]. Broad surveys and lists produced by historians and journalistic sources catalogue many additional companies — GE, DuPont, Chase, Alcoa and others — each with varying degrees of archival support and allegation [3] [9] [6].

4. Dispute, denial and the archival record — what the sources agree on and where they diverge

Primary‑source work at the National Archives and postwar claims records confirm that American corporate property existed in Germany and that some branches were managed under German controls or seized, and postwar restitution returned many assets to U.S. owners [1]. At the same time, corporate denials, selective destruction or loss of wartime files, and differing methodologies produce fierce disagreement over intent and culpability; IBM and other firms have contested researchers’ conclusions even while settlements and lawsuits later produced significant compensation related to Nazi‑era practices [4] [6]. Popular lists and opinion pieces amplify specific examples, sometimes with hyperbolic language; these are useful leads but vary in rigor compared with archival summaries and scholarly monographs [10] [11] [12].

5. Conclusion: a nuanced affirmative answer

The historical record supports a clear, qualified answer: yes, many U.S. corporations maintained business ties with Germany under Hitler, and those ties ranged from ordinary commercial presence to arrangements that materially supported the German economy and — in some cases — wartime production; precisely how much corporations enabled specific Nazi policies or crimes is a contested but well‑documented field of inquiry that requires source‑by‑source evaluation [2] [1] [4]. Where the sources diverge, archival research (National Archives) and careful scholarly work remain the best path to separate commercial continuity from direct complicity, and public debate about corporate responsibility continues to rely on both newly opened records and critical scrutiny of corporate narratives [1] [4].

Want to dive deeper?
Which archival records at the U.S. National Archives document American corporate assets in Nazi Germany and how to access them?
What does Edwin Black’s research claim about IBM’s role in Nazi Germany and how have IBM and other historians responded?
How did postwar restitution and U.S. government compensation address American firms’ German subsidiaries after World War II?