Do you know who our major trading partners are? The answer is Switzerland at number one, and Mexico at number two.
Switzerland is the home of La Roche Pharmaceuticals. Roche is the fifth-largest pharmaceutical company in the world by revenue and the leading provider of cancer treatments globally. They plan to build more of their factories here and are expected to spend $50 billion.
It would relieve us of reliance on China. If you remember, during the pandemic, when Donald Trump called COVID-19 the China virus, China threatened to cut off our supply of antibiotics.
Roche will invest $50 billion in American manufacturing over the next five years, including the construction of a new facility in Indiana. The Swiss biotech company stated that the investment will ultimately enable the company to export more medicines to the United States than it imports from the country.
The commitment includes new state-of-the-art research and development (R&D) sites, as well as new and expanded manufacturing facilities in Indiana, Pennsylvania, Massachusetts, California, and an additional site location to be announced soon.
Investments will create more than 12,000 new jobs: 1,000 at Roche and more than 11,000 in support of new US manufacturing capabilities.
Roche already has a significant existing US presence with more than 25,000 employees, 15 R&D centres, and 13 manufacturing sites.
There is more good news on this link that the media won’t share.
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I like the idea of things being manufactured in our own country. But most people seem happy in cheap Chinese crap.
I like the plants are coming here but I’d prefer if they were American companies.
Yes, make pharma invest in the USA.
But, most cancer treatments do not work. The estimated survival rate of serious cancers is about 3%. Over half die from the treatment.
Yeah it’s all about profiting from the misery of others. Yesterday the FDA was on the news talking about pulling out petro dyes from our food because they cause all these health problems including cancer. It’s like a corporate orchestra of greed, misery, and death.
It helps to create cancers, too, like in Florida where they give radiation-toxic mines their way, because the mines pay the politicians.
Very interesting. Trump helps import good paying jobs for Americans, and Democrats import criminals, but Trump is the bad guy? Trump places competent leaders in key positions, while Democrats placed incompetent criminal looters and Trump is evil? Legacy Media – UGH!