O Really wrote: Mon May 05, 2025 11:17 am
GoCubsGo wrote: Mon May 05, 2025 11:07 am
O Really wrote: Mon May 05, 2025 10:36 am
I am sooooo tired of reporters/media saying "Trump "did" something" when it should be "Trump "said" or "Trump "wants" or better still just ignore his most ridiculous stable genius babblings. I'm not saying actually ignore the efforts he's making to destroy large parts of the country - I'm saying they should ignore the obvious smoke and mirrors he throws out every day.
I'm just as tired with DonOld or his merry band of trumpaloons saying "we've brought a gazillion dollars of investment and jobs into the United States with new factories and jobs" based upon vague future plans or promises from foreign governments or corporations when there hasn't a shovel of dirt moved or even land bought.
Yeah, that too. And really, what even remotely responsible CEO is going to totally disrupt their corporate integration and supply chain, as well as their entire business model, spending hundreds of millions, based on Trump's word (of today, which may be different from his word of tomorrow)
These companies say they're investing more in U.S. manufacturing as tariffs go into effect
Abbott Laboratories
Illinois-based medical device company Abbott Laboratories said in a statement Wednesday that a $500 million investment in manufacturing, research and development capabilities at plants in Illinois and Texas will "go live" by the end of the year.
Apple
Apple in February said that it's committed to spending more than $500 billion on expanding its U.S. manufacturing capabilities over four years.
The company says it will expand its current facilities, increasing the number of workers employed at plants in Arizona, California, Iowa, Michigan, Nevada, North Carolina, Oregon, Texas and Washington.
Chobani
Chobani, known for its Greek-style yogurt, is expanding manufacturing in New York State. The yogurt company on Tuesday announced plans to spend at least $1.2 billion opening a million-square-foot factory in Rome, New York.
Company executives believe the plant will be the largest dairy factory in the U.S., with the capacity to produce up to one billion pounds of dairy products annually. Chobani said the domestic expansion, which will create 1,000 new jobs, is necessary to meet demand.
Cra-Z-Art
Randolph, New Jersey-based toy company Cra-Z-Art in March said it is growing its U.S. production capacity by 50%, "to combat the cost of tariffs for imported goods from China and other countries."
Johnson & Johnson
Johnson & Johnson is planning to invest more than $55 billion in new U.S. manufacturing facilities over four years. The investment represents a 25% increase compared with the previous four years, the health care company said in March. The brand new Wilson, North Carolina, facility will focus on manufacturing next-generation medication for people with cancer, and immune-mediated and neurological diseases, the company said.
The pharmaceutical company will also expand capacity at existing domestic plants in a move it says "will create high-paying, high-technology jobs."
Honda Motor
Honda Motor this week said it is moving production of its Civic Hybrid Hatchback from Japan to the U.S., :thumbup: in the face of a barrage of tariffs by the Trump administration, including a 25% tariff on vehicles and auto parts imported into the U.S.
Hyundai Motor Company
Hyundai in March announced a $21 billion commitment to investing in domestic manufacturing from 2025 to 2028. "Hyundai Motor Group is deepening its partnership with the United States, reinforcing our shared vision for American industrial leadership. The Group's investment and efforts will further expand our operations in the U.S. and grow our American workforce," Hyundai said in a March statement. :thumbup:
IBM
IBM on April 28 pledged to invest $150 billion in U.S. manufacturing over five years. At least $30 million will go toward research and development to further U.S.-based computer manufacturing, the computing giant said.
"We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world's most advanced computing and AI capabilities," IBM CEO Arvind Krishna said in a statement.
Merck
Drugmaker Merck is investing $1 billion to build a U.S. plant in Delaware. The move comes amid plans by President Trump to impose tariffs on pharmaceuticals, which would include taxes on imported ingredients used drug manufacturing.
The company said it plans to build a new 470,000-square-foot facility in Wilmington, Delaware, where it will make Keytruda, the company's immunotherapy treatment for different cancers. The plant will be Merck's first U.S. facility dedicated to making Keytruda for U.S. patients, the company said.
"This is part of a significant investment to not only bring the world's best-selling medicine closer to the American patients who rely on it, but to also establish a home for our biologics portfolio of products serving U.S. patients," Merck said in a statement.
This one's for cubby, got to keep you in supply of AI photo shop images.
Nvidia
Last week, American chip maker Nvidia announced that for this first time in the company's history, it will be manufacturing chips and AI supercomputers in the U.S.
Nvidia said in a statement that it has commissioned more than a million square feet of manufacturing space to build its Blackwell chips in Arizona and AI supercomputers in Texas. The company said it expects to produce up to half a trillion dollars' worth of AI infrastructure in the U.S.
"The engines of the world's AI infrastructure are being built in the United States for the first time," Nvidia founder and CEO Jensen Huang said in the same statement. "Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency."
https://www.cbsnews.com/news/us-manufac ... c-tariffs/
:obscene-birdiedoublered:
Desperate, sad and cowardly.
