In a significant move today, Johnson & Johnson unveiled its intention to invest over $55 billion in the United States over the next four years, focusing on manufacturing, research and development, and technology. This announcement marks yet another milestone in President Donald J. Trump’s steadfast campaign to bolster American manufacturing supremacy.
The company asserted that this commitment signifies a “25% increase in investment compared to the previous four years,” building upon their “already elevated U.S. investment levels resulting from the passage of the 2017 Tax Cuts & Jobs Act” under Trump’s administration.
Let’s call it the Trump Effect. In recent weeks, several high-profile companies have followed suit:
- Nvidia has pledged to inject hundreds of billions into its U.S.-based manufacturing operations over the next four years.
- Apple declared a whopping $500 billion investment in U.S. manufacturing and training initiatives.
- TSMC has committed to a $100 billion investment in U.S. chip manufacturing.
- President Trump announced a staggering $500 billion private investment in artificial intelligence infrastructure, spearheaded by OpenAI, Oracle, and Softbank.
- Eli Lilly and Company revealed a $27 billion investment in U.S.-based manufacturing.
- DAMAC Properties unveiled a $20 billion plan for new U.S. data centers.
- CMA CGM, a major player in global shipping, announced a $20 billion investment in U.S. shipping and logistics, promising to create 10,000 new American jobs.
- Clarios, a leader in low-voltage energy storage, laid out a $6 billion strategy to expand its U.S. manufacturing.
- Merck announced an $8 billion investment in the U.S. following the opening of its new $1 billion manufacturing facility in North Carolina.
- GE Aerospace revealed a $1 billion commitment to U.S. manufacturing across 16 states, which will create 5,000 new jobs.
- Stellantis announced a $5 billion investment in its U.S. manufacturing network, including the reopening of an Illinois plant, as part of its commitment to ramp up domestic vehicle production.
- Automakers like Honda, Nissan, and Hyundai are anticipated to shift production to the U.S. from overseas facilities.
- Prepac, a Canadian furniture manufacturer, announced its plans to relocate production from Canada to the U.S.
- Cra-Z-Art, the largest toy manufacturer in the U.S., revealed that it will move a “significant portion” of its manufacturing operations back from China.
In essence, President Trump is relentless in his quest to rejuvenate American manufacturing and restore jobs to their rightful home — right here in the U.S.
