Bristol Myers to invest $40 billion in the US over 5 years

URLhttps://www.reuters.com/business/healthcare-pharma
SourceReuters
Date Published05/05/2025

Additional Reshoring Information:

Company/Division name PENDING TARIFFS - Bristol Myers Squib
Parent companyPENDING TARIFFS - Bristol Myers Squib
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2030
Capital investment ($):40,000
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredPharmaceuticals
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity
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