I increase investments in the United States to more than $ 55 billion in imminent price threats

An entrance sign on the Johnson & Johnson campus shows its logo in Irvine, California, August 28, 2019.

Mark RALSTON | AFP | Getty images

Johnson & Johnson plans to spend more than $ 55 billion to build four factories in the United States, he said on Friday, as a threat of drug imports from Trump Forces administration companies to extend their manufacturing operations at national level.

The new factories will be built over the next four years, notably in Wilson, North Carolina, where the pharmaceutical giant officially inaugurated on Friday. The drug and devices manufacturer has said that investment is an increase of 25% compared to the last four years.

Last month, the manufacturer of medicines Eli Lilly announced its intention to invest in the country, while businesses are preparing for the impact of a potential price of 25% on pharmaceutical imports.

Companies such as J & J and Pfizer could be in danger because they operate large factories in countries like Ireland, which, according to President Donald Trump, attracted them with his tax policies.

Trump, who campaigned on a promise to stimulate domestic manufacturing, has been pressure on drug manufacturers since he took office to move the production of medicines in the United States.

Companies in other sectors, such as Apple iPhone-Fabricant, have also made manufacturing announcements in recent weeks.

The J & J site in Wilson, where he plans to invest more than $ 2 billion, is expected to create 5,000 jobs during construction and more than 500 positions across the State. The site will focus on the production of drugs used to treat cancer, immune and neurological mediation diseases, he said.

The company said it already had more manufacturing facilities in the United States than in any other country. It plans to extend several of its existing sites in the United States and build new infrastructure for research and technology.

J & J, however, has not disclosed details on the expansion plans or the location of its other installations provided for in its declaration.

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