Author Topic: ‘Focused on American Jobs:’ IBM Announces $150 Billion Investment in U.S. Manufacturing  (Read 97 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 401,687
‘Focused on American Jobs:’ IBM Announces $150 Billion Investment in U.S. Manufacturing

Alana Mastrangelo 28 Apr 2025

IBM, one of the nation’s largest technology employers, announced Monday that it plans to invest $150 billion in the United States over the next five years, adding that the company is “focused on American jobs and manufacturing.”

IBM revealed in a Monday press release that it “plans to invest $150 billion in America over the next five years to fuel the economy and to accelerate its role as the global leader in computing.”

“This includes an investment of more than $30 billion in research and development to advance and continue IBM’s American manufacturing of mainframe and quantum computers,” the company said.

IBM CEO and Chairman Arvind Krishna added, “Technology doesn’t just build the future — it defines it.”

“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,” Krishna said.

The technology company added that its innovations include enabling “the U.S. social security system, the Apollo Program that put a man on the moon, and power businesses in every industry.”

more
https://www.breitbart.com/tech/2025/04/28/focused-on-american-jobs-ibm-announces-150-billion-investment-in-u-s-manufacturing/
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline DefiantMassRINO

  • Hero Member
  • *****
  • Posts: 11,203
  • Gender: Male
... after they offshored tens of thousands of software jobs to India (who then sourced work to Chi-com software developers).

They sold off their microprocessor fabrication operation in Burlington, Vermont (now Global Foundaries).

After decades of divesting from the United States, IBM decides it wants to be American again ... probably to seek more Federal contracts.

If a Federal contractor has a facility in the US, the US Rep and Senators, for the District and state, will go to bat for that contractor.

If a Federal contractor has no facility in the US, only paid lobbyists will go to bat for them against a competitor with Congressmen on their side.

The more facilities you spread among more House Districts and states, that's more Congressmen on your side.
« Last Edit: April 28, 2025, 03:34:21 pm by DefiantMassRINO »
"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview