Author Topic: Roche to invest $50 billion in US to avoid Trump tariffs, create 12,000 jobs  (Read 331 times)

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Offline Free Vulcan

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Roche said today it would invest $50 billion in the US over the next five years, creating more than 12,000 new jobs, in the latest massive investment by companies reacting to President Donald Trump's tariffs policy.

The Swiss pharma giant said the new positions would include nearly 6,500 in construction and 1,000 at new and expanded facilities.

The announcement comes as drugmakers unveil investments to deal with tariffs from the Trump administration, which is seeking to boost domestic manufacturing.

Fellow Swiss drugmaker Novartis earlier this month said it would spend $23 billion in the US, while Eli Lilly and Johnson & Johnson also announced sizeable investments recently.

https://www.rte.ie/news/business/2025/0422/1508795-roche-to-invest-50-billion-in-us-over-next-five-years/
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Offline Bigun

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Online roamer_1

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Isn't it amazing how many are suddenly seeing the light?

It means nothing whatsoever.

Online DefiantMassRINO

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They'll make the announcement, and be obstructed by the anti-business Administrative State, and it won't come to full fruition ... or they'll hire mostly H1-B visas, not Americans.
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Offline kevindavis007

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They'll make the announcement, and be obstructed by the anti-business Administrative State, and it won't come to full fruition ... or they'll hire mostly H1-B visas, not Americans.


Also, the factory will be mostly automated.
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Offline Smokin Joe

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Also, the factory will be mostly automated.
Someone has to watch and maintain the machines.

The obvious is being missed here, and that is the thought that it might be a good thing to have pharmaceuticals made here and not imported. Other Pharma companies have said they are expanding US operations, too.
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