TRUMP EFFECT: Johnson & Johnson’s $55 Billion Investment in American Manufacturing
Johnson & Johnson has announced a substantial investment exceeding $55 billion in the United States over the next four years, marking a 25% increase compared to the previous four years. This initiative includes the construction of four new manufacturing facilities, starting with a high-tech biologics plant in Wilson, North Carolina, which is expected to create over 500 jobs. The investment also encompasses significant enhancements to research and development infrastructure, focusing on areas such as oncology, neuroscience, immunology, cardiovascular disease, and robotic surgery. This move aligns with President Trump's efforts to bolster domestic manufacturing and follows similar commitments from other major companies. Reuters+9AP News+9WSJ+9WSJ+3Johnson & Johnson Investor Relations+3JNJ.com+3Reuters+1Latest news & breaking headlines+1
Today, Johnson & Johnson announced a new $55 billion investment in the United States over the next four years in manufacturing, research and development, and technology — the latest massive victory in President Donald J. Trump’s unrelenting pursuit of American manufacturing dominance.
The company said it represents a “25% increase in investment compared to the previous four years” and builds on their “already elevated U.S. investment levels resulting from the passage of the 2017 Tax Cuts & Jobs Act” under President Trump’s leadership.
Call it the Trump Effect. In recent weeks:
- Nvidia announced it will invest hundreds of billions of dollars over the next four years in its U.S.-based manufacturing operations.
- Apple announced a $500 billion investment in U.S.-based manufacturing and training.
- TSMC announced a $100 billion investment in U.S.-based chips manufacturing.
- President Trump announced a $500 billion private investment led by OpenAI, Oracle, and Softbank in artificial intelligence infrastructure.
- Eli Lilly and Company announced a $27 billion investment in U.S.-based manufacturing.
- DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
- CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, which will create 10,000 new American jobs.
- Clarios, a leader in low-voltage energy storage, announced a $6 billion plan to expand its U.S.-based manufacturing.
- Merck announced it will invest $8 billion in the U.S. over the next several years after opening its new $1 billion North Carolina manufacturing facility.
- GE Aerospace announced a $1 billion investment in U.S.-based manufacturing across 16 states — creating 5,000 new jobs.
- Stellantis announced a $5 billion investment in its U.S. manufacturing network — including re-opening an Illinois manufacturing plant — amid its pledge to increase domestic vehicle production.
- Automakers Honda, Nissan, and Hyundai are expected to shift production to the U.S. from factories abroad.
- Prepac, a Canadian furniture manufacturer, announced it will move production from Canada to the U.S.
- Cra-Z-Art, the biggest toymaker in the U.S., said it will move a “large percentage” of its China-based manufacturing back home.
President Trump will stop at nothing to restore American manufacturing and bring jobs back where they belong — right here in the U.S.