J&J to invest $2 billion to boost US manufacturing as drug tariffs loom

URLhttps://finance.yahoo.com/news/johnson-johnson-inv
SourceYahoo Finance
Date Published08/21/2025
Author NameMariam Sunny

Additional Reshoring Information:

Company/Division name Johnson & Johnson
Parent companyJohnson & Johnson w/ Fujifilm Biotechnologies
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):120
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):2,000
City reshored to:Holly Springs
State(s) reshored to:NC
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
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