https://www.reuters.com/business/jj-plans-invest-more-than-55-billion-us-over-next-four-years-2025-03-21/
J&J boosts US investments by 25% over 4 years amid looming tariff threats
By Bhanvi Satija and Patrick Wingrove
March 22, 20251:14 AM GMT+8Updated 10 hours ago
A Johnson & Johnson banner is displayed on the front of the NYSE in New York
A Johnson & Johnson banner is displayed on the front of the New York Stock Exchange (NYSE) in New York City, in New York City, U.S., December 5, 2023/File Photo Purchase Licensing Rights, opens new tab
Summary
Companies
Plans include four new manufacturing facilities, starting with Wilson, NC
Total figure of $55 billion includes some 'already planned' commitments, investors say
J&J says it has more manufacturing sites in U.S. than in other countries
March 21 (Reuters) - Johnson & Johnson has laid out plans to raise U.S. investments by 25% to more than $55 billion over the next four years, as a threat of drug import duties by the Trump administration compels companies to expand their manufacturing operations domestically.
The pharmaceutical giant (JNJ.N), opens new tab said on Friday it planned to build four new plants as part of its investment, one of which would be set up in Wilson, North Carolina, where it officially broke ground earlier in the day. J&J did not disclose where it plans to build the other plants.
………..