J&J to Invest $55B in United States to Boost Manufacturing, R&D

Investment Plans - Johnson & Johnson (J&J) announced plans to invest over $55 billion in the United States over the next four years, marking a 25$100 billion annually [1] Manufacturing Facilities - The investment will kick off with the construction of a 500,000-square-foot biologics manufacturing facility in North Carolina, expected to create 5,000 construction jobs and over 500 permanent positions [2] - J&J plans to build three new advanced manufacturing facilities and expand several existing plants in its Innovative Medicine and MedTech sectors, although the locations of the new facilities have not been disclosed [2] Stock Performance - J&J's shares have outperformed the industry year to date, with a stock increase of 13.1% compared to the industry's growth of 6.3% [3] Industry Context - The announcement follows similar moves by other pharmaceutical companies, such as Eli Lilly, which plans to invest $27 billion in new manufacturing sites in the U.S. by 2025 [5][6] - Pfizer is also considering relocating some of its overseas manufacturing to the U.S. in response to tariff threats [7]