09-May-2025
Corporate News
 
Roche to Invest $50 Billion in U.S. to Avoid Trump Tariffs, Create 12,000 Jobs
22-Apr-2025

Roche said on Tuesday it would invest $50 billion in the United States over the next five years, creating more than 12,000 new jobs, in the latest massive investment by companies reacting to President Donald Trump's tariffs policy. The Swiss pharma giant said the new positions would include nearly 6,500 in construction and 1,000 at new and expanded facilities. The announcement comes as drugmakers unveil investments to deal with tariffs from the Trump administration, which is seeking to boost domestic manufacturing.

News Source:- https://money.usnews.com/investing/news/articles/2025-04-22/roche-to-invest-50-billion-in-united-states-over-next-five-years