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From Axios: Johnson & Johnson will spend $55 billion in the U.S. over the next four years on manufacturing, research and technology investments, the drug giant said Friday.
Why it matters: It’s the latest in a series of pledges by big American companies, worth around $1 trillion so far, to expand U.S. manufacturing — a core goal of President Trump’s trade war.
Driving the news: J&J said the $55 billion spending plan is a 25% increase in investment over the last four years.
- The company breaks ground Friday on a manufacturing facility in Wilson, North Carolina, to make cancer and other medicines.
- It pledged to build three new facilities, at unspecified locations, and expand other existing sites.
- The new funds will also support research on medications and robotics, and tech investments to speed drug discovery.
In a press release, Johnson & Johnson announced:
The North Carolina investment creates jobs starting today in Wilson, North Carolina, where the Company is officially breaking ground on its new, 500,000 square foot, state-of-the-art biologics manufacturing facility.
The North Carolina facility will:
- Expand our capacity to manufacture next-generation medicines for people living with cancer, immune-mediated and neurological diseases in America and around the world.
- Support approximately 5,000 jobs during construction and create over 500 positions in North Carolina.
- Create a $3 billion impact across the state in the first 10 years of operations.
“Today’s announcements accelerate our nearly 140-year legacy as an American innovation engine tackling the world’s toughest healthcare challenges,” said Joaquin Duato, Chairman and Chief Executive Officer, Johnson & Johnson. “Our increased U.S. investment begins with the ground-breaking of a high-tech facility in North Carolina that will not only add U.S.-based jobs but manufacture cutting edge medicines to treat patients in America and around the world.”
We’re expanding U.S. manufacturing, technology and research & development of innovative healthcare solutions to impact health for humanity: https://t.co/olfWhwlbGw pic.twitter.com/VS6EvH3DXE
— Johnson & Johnson (@JNJNews) March 21, 2025
Johnson & Johnson is investing $55 BILLION in manufacturing in the USA!!!
Bringing our critical supply chain back to America is key to national security!!
This would not happen without President Trump!🇺🇸 pic.twitter.com/AAy2GZMmCh
— Marjorie Taylor Greene 🇺🇸 (@mtgreenee) March 21, 2025
🚨 TRUMP EFFECT: Johnson & Johnson plans $55 billion investment to expand U.S. manufacturing https://t.co/8uQ71i03if
— Rapid Response 47 (@RapidResponse47) March 21, 2025
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