J&J boosts US investments by 25% over 4 years amid looming tariff threats

URLhttps://www.reuters.com/business/jj-plans-invest-m
SourceReuters
Date Published03/21/2025
Author Name Bhanvi Satija and Patrick Wingrove

Additional Reshoring Information:

Company/Division name Johnson & Johnson
Parent companyPending tariffs--Johnson & Johnson
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2029
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharma
What non-domestic negative factors made offshoring less attractive?Supply chain interruption, Tariffs
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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