Today, President Donald J. Trump journeys to Pennsylvania to extol the monumental partnership he orchestrated between U.S. Steel and Nippon Steel. This $14 billion collaboration is projected to generate at least 70,000 jobs while securing American steel production for the foreseeable future.
AMERICAN JOBS, AMERICAN STEEL.
This groundbreaking agreement is just one part of a larger trend, as various companies across multiple sectors increasingly bring production back to U.S. shores, aligning with President Trump’s unwavering America First trade policies.
Consider the automotive industry:
- Stellantis announced a $5 billion investment to revitalize its U.S. manufacturing, including reopening the Belvidere, Illinois plant and establishing a $388 million “megahub” in Detroit, Michigan.
- General Motors announced an $888 million infusion into its propulsion plant in Tonawanda, New York.
- Volkswagen is planning a significant investment to enhance its U.S. production capabilities.
- Toyota announced an increase in hybrid vehicle production at its West Virginia facility.
- Mercedes-Benz announced plans to introduce a new vehicle at its manufacturing site in Tuscaloosa, Alabama.
- Honda is shifting Civic production from Japan to the U.S.
- Hyundai announced a $20 billion commitment to bolster its U.S. vehicle manufacturing.
- Kia plans to manufacture hybrid vehicles at its affiliate Hyundai’s Georgia facility.
However, the automotive sector is just the tip of the iceberg when it comes to U.S. investment:
- Project Stargate, spearheaded by Japan’s Softbank along with U.S. entities OpenAI and Oracle, announced a $500 billion private investment aimed at enhancing U.S.-based artificial intelligence infrastructure.
- Apple plans to invest $500 billion in U.S. manufacturing and workforce training.
- NVIDIA, the renowned chipmaker, announced it will allocate $500 billion towards U.S. AI infrastructure, marking its first effort to produce AI supercomputers entirely domestically.
- IBM plans a $150 billion investment over the next five years to enhance its U.S. growth and manufacturing capabilities.
- Taiwan Semiconductor Manufacturing Company (TSMC) is investing $100 billion in U.S. chip manufacturing.
- Johnson & Johnson is committing $55 billion over the next four years toward manufacturing, research and development, and technological advancements.
- Roche, the Swiss pharmaceuticals firm, announced a $50 billion investment in U.S. manufacturing and R&D, which is expected to create over 12,000 jobs.
- Bristol Myers Squibb has pledged a $40 billion investment over five years in research, development, technology, and U.S. manufacturing operations.
- Eli Lilly and Company will invest $27 billion to more than double its domestic manufacturing capacity.
- United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
- Novartis, a Swiss pharmaceutical giant, plans a $23 billion investment in building or expanding ten manufacturing facilities across the U.S., with an expected 4,000 new jobs created.
- John Deere will invest $20 billion over the next decade for American expansion in manufacturing and production.
- UAE-based DAMAC Properties is investing $20 billion in new U.S.-based data centers.
- CMA CGM, a global shipping leader, revealed a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
- Sanofi is committed to investing at least $20 billion over five years in manufacturing and R&D.
- Venture Global LNG announced an $18 billion investment for its liquefied natural gas facility in Louisiana.
- Gilead Sciences is injecting an additional $11 billion into its U.S. manufacturing initiatives.
- AbbVie is planning a $10 billion investment over the next decade, which will include four new manufacturing plants across the U.S.
- Pratt Industries will invest $5 billion to create 5,000 new manufacturing jobs in states such as Ohio, Michigan, Pennsylvania, and Arizona.
- GlobalWafers, a Taiwanese silicon wafer manufacturer, plans to invest $4 billion in U.S. production.
- Thermo Fisher Scientific is dedicating an extra $2 billion over the next four years to enhance and expand its U.S. operations.
- Merck & Co. is committing $9 billion to U.S. investments, including a $1 billion biologics manufacturing facility in Delaware that will create at least 500 new jobs.
- Clarios will invest $6 billion to expand its domestic manufacturing operations.
- In addition to its overall investments, Amazon is committing $4 billion to small towns across America, which will create over 100,000 new jobs and foster opportunities nationwide.
- Regeneron Pharmaceuticals, a biotechnology leader, has struck a $3 billion deal with Fujifilm Diosynth Biotechnologies for drug production at its North Carolina facility.
- Kraft Heinz is investing $3 billion to upgrade its U.S. factories, marking its largest investment in years.
- NorthMark Strategies, an investment firm, is investing $2.8 billion to establish a supercomputing facility in South Carolina.
- Kimberly-Clark will invest $2 billion to enhance its U.S. manufacturing operations, including a new advanced facility in Warren, Ohio.
- Chobani, the Greek yogurt giant, announced a $1.7 billion expansion of its U.S. operations, including $1.2 billion to build a third dairy processing plant in New York, creating over 1,000 new jobs.
- Corning is expanding its Michigan facility investment to $1.5 billion, adding 400 new high-paying manufacturing jobs, resulting in a total increase of 1,500 jobs.
- Carrier is investing an additional $1 billion in U.S. manufacturing, innovation, and workforce development, expected to create around 4,000 new jobs.
- GE Aerospace will invest $1 billion in manufacturing efforts across 16 states, generating 5,000 new jobs.
- Anduril Industries has announced a $1 billion investment for a new facility focused on autonomous weapon systems in Ohio.
- Williams International is investing $1 billion in a new high-volume aviation gas turbine engine manufacturing facility in Florida.
- Amgen is dedicating $900 million to expand its manufacturing operations in Ohio.
- Merck Animal Health is investing $895 million to expand its manufacturing in Kansas.
- Schneider Electric plans to invest $700 million over four years in U.S. energy infrastructure.
- GE Vernova will invest nearly $600 million in U.S. manufacturing in the next two years, creating over 1,500 new jobs.
- Abbott Laboratories is investing $500 million in its Illinois and Texas facilities.
- AIP Management, a European infrastructure investor, is committing $500 million to solar developer Silicon Ranch.
- London-based Diageo has announced a $415 million investment in a new manufacturing facility in Alabama.
- Lego is investing $366 million to construct a new distribution center in Prince George County, Virginia.
- The Bel Group has pledged a $350 million investment to expand its U.S. production, creating 250 new jobs across South Dakota, Idaho, and Wisconsin.
- Dublin-based Eaton Corporation is investing $340 million in a new manufacturing facility in South Carolina for three-phase transformers.
- Anheuser-Busch is contributing $300 million towards its manufacturing facilities nationwide.
- Germany-based Siemens is investing $285 million in U.S. manufacturing and AI data centers, creating over 900 skilled manufacturing jobs.
- Clasen Quality Chocolate is investing $230 million to build a new production facility in Virginia, creating 250 new jobs.
- Fiserv, Inc., a financial technology provider, is committing $175 million to open a new strategic fintech hub in Kansas, expected to generate 2,000 high-paying jobs.
- Paris Baguette is investing $160 million to establish a manufacturing plant in Texas.
- Siemens Healthineers is investing $150 million to expand production, including relocating manufacturing operations from Mexico to California.
- JBS USA is allocating $135 million for a new sausage production facility in Perry, Iowa.
- TS Conductor is investing $134 million to build an advanced conductor manufacturing facility in South Carolina, creating nearly 500 new jobs.
- Switzerland-based ABB is investing $120 million to boost production of low-voltage electrification products in Tennessee and Mississippi.
- Saica Group, a Spanish corrugated packaging manufacturer, is planning to build a $110 million new manufacturing facility in Anderson, Indiana.
- Hotpack, a Dubai-based food packaging company, is investing $100 million to establish its first U.S. facility in Edison, New Jersey.
- Charms, LLC, a subsidiary of Tootsie Roll Industries, is investing $97.7 million to expand its Tennessee production plant and distribution center.
- Toyota Motor Corporation is investing $88 million to enhance hybrid vehicle production at its West Virginia factory, securing the jobs of 2,000 workers.
- AeroVironment, a defense contractor, is investing $42.3 million to establish a new manufacturing facility in Utah.
- Paris-based Saint-Gobain is building a new $40 million NorPro manufacturing facility in Wheatfield, New York.
- India-based Sygene International recently acquired a Baltimore biologics manufacturing facility for $36.5 million.
- Asahi Group Holdings, one of Japan’s largest beverage manufacturers, is investing $35 million to enhance production at its Wisconsin plant.
- Valbruna Slater Stainless is investing $28 million in its Fort Wayne, Indiana, stainless steel and nickel alloys manufacturing plant.
- Cyclic Materials, a Canadian recycling company focusing on rare earth elements, is investing $20 million in its first U.S. commercial facility in Mesa, Arizona.
- Guardian Bikes is investing $19 million to establish the first large-scale bicycle frame manufacturing operation in Indiana.
- Amsterdam-based AMG Critical Minerals is investing $15 million to set up a chrome manufacturing facility in Pennsylvania.
- NOVONIX Limited, an Australian battery technology firm, is investing $4.6 million to build a synthetic graphite manufacturing facility in Tennessee.
- LGM Pharma is investing $6 million to expand its manufacturing facility in Texas.
- ViDARR, a manufacturer of defense optical equipment, is investing $2.69 million to open a new facility in Virginia.
And we haven’t even touched on the vast investments slated from foreign nations:
- The United Arab Emirates has committed to a staggering $1.4 trillion investment in the U.S. over the next decade.
- Qatar has pledged $1.2 trillion in an economic exchange between the two nations.
- Japan is announcing a $1 trillion investment in the U.S.
- Saudi Arabia has committed to investing $600 billion in the U.S. over the next four years.
