In his first 100 days of a new term, President Donald J. Trump has announced over $5 trillion in new U.S.-based private sector investments, projected to create more than 451,000 jobs, reports the White House. These investments span advanced manufacturing, artificial intelligence, pharmaceuticals, clean energy, and data infrastructure. Major companies, including IBM, Merck, NVIDIA, TSMC, Apple, and Johnson & Johnson, have committed billions to expanding or launching operations in the U.S., citing pro-growth policies such as the 2017 Tax Cuts and Jobs Act. In addition to domestic firms, foreign entities from Japan, the UAE, Saudi Arabia, and others have pledged multi-trillion-dollar investments. The administration writes:
President Donald J. Trump has secured over $5 trillion in new U.S.-based investments in his first 100 days, which will create more than 451,000 new jobs as he sets the stage for a new era of American prosperity. From advanced manufacturing to cutting-edge artificial intelligence infrastructure, these historic investments — spurred by President Trump’s unwavering commitment to revitalizing American industry — will reinforce the U.S. as the global leader in innovation and economic growth.
The announcements keep coming. In recent days:
- IBM announced a $150 billion investment over the next five years in its U.S.-based growth and manufacturing operations.
- Thermo Fisher Scientific announced it will invest an additional $2 billion over the next four years to enhance and expand its U.S. manufacturing operations and strengthen its innovation efforts.
- Corning announced it is expanding its Michigan manufacturing facility investment to $1.5 billion, adding 400 new, high-paying, advanced manufacturing jobs.
- Merck & Co. announced a $1 billion investment to build a new state-of-the-art biologics manufacturing plant in Delaware, which will create at least 500 new jobs — part of the company’s commitment to invest more than $9 billion over the next four years.
- “Since the advent of the 2017 Tax Cuts and Jobs Act, Merck has allocated more than $12 billion to enhance our domestic manufacturing and research capabilities, with additional planned investments of more than $9 billion over the next four years.”
- Amgen announced a $900 million investment in its Ohio-based manufacturing operation.
- The company credited President Trump’s landmark 2017 tax cuts for enabling its rapid expansion: “Pro-growth policies like the @POTUS @WhiteHouse 2017 Tax Cuts and Jobs Act helped make investments like this possible. Since enactment, Amgen has invested ~$5B in capital expenditures. This amounts to an additional downstream output to the U.S. economy of approximately $12B.”
- The Bel Group announced a $350 million investment to expand its U.S.-based production, including at its South Dakota, Idaho and Wisconsin facilities — which will create 250 new jobs.
Here is the non-exhaustive list of investments secured in President Trump’s second term:
- Project Stargate, led by Japan-based Softbank and U.S.-based OpenAI and Oracle, announced a $500 billion private investment in U.S.-based artificial intelligence infrastructure.
- Apple announced a $500 billion investment in U.S. manufacturing and training.
- NVIDIA, a global chipmaking giant, announced it will invest $500 billion in U.S.-based AI infrastructure over the next four years amid its pledge to manufacture AI supercomputers entirely in the U.S. for the first time.
- IBM announced a $150 billion investment over the next five years in its U.S.-based growth and manufacturing operations.
- Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
- Johnson & Johnson announced a $55 billion investment over the next four years in manufacturing, research and development, and technology.
- Roche, a Swiss drug and diagnostics company, announced a $50 billion investment in U.S.-based manufacturing and research and development, which is expected to create more than 1,000 full-time jobs.
- Eli Lilly and Company announced a $27 billion investment to more than double its domestic manufacturing capacity.
- United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
- Novartis, a Swiss drugmaker, announced a $23 billion investment to build or expand ten manufacturing facilities across the U.S., which will create 4,000 new jobs.
- Hyundaiannounced a $21 billion U.S.-based investment — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs.
- Hyundai also secured an equity investment and agreement from Posco Holdings, South Korea’s top steel maker.
- United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
- France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
- Thermo Fisher Scientific announced it will invest an additional $2 billion over the next four years to enhance and expand its U.S. manufacturing operations and strengthen its innovation efforts.
- Merck & Co. announced it will invest a total of $9 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility — including in a new state-of-the-art biologics manufacturing plant in Delaware, which will create at least 500 new jobs.
- Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
- Stellantis announced a $5 billion investment in its U.S. manufacturing network, including re-opening its Belvidere, Illinois, manufacturing plant.
- Regeneron Pharmaceuticals, Inc., a leader in biotechnology, announced a $3 billion agreement with Fujifilm Diosynth Biotechnologies to produce drugs at its North Carolina manufacturing facility.
- NorthMark Strategies, a multi-strategy investment firm, announced a $2.8 billion investment to build a supercomputing facility in South Carolina.
- Corning announced it is expanding its Michigan manufacturing facility investment to $1.5 billion, adding 400 new high-paying advanced manufacturing jobs for a total of 1,500 new jobs.
- Chobani, a Greek yogurt giant, announced a $1.2 billion investment to build its third U.S. dairy processing plant in New York, which is expected to create more than 1,000 new full-time jobs — adding to the company’s earlier announcement that it will invest $500 million to expand its Idaho manufacturing plant.
- GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
- Amgen announced a $900 million investment in its Ohio-based manufacturing operation.
- Schneider Electric announced it will invest $700 million over the next four years in U.S. energy infrastructure.
- GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
- Abbott Laboratories announced a $500 million investment in its Illinois and Texas facilities.
- AIP Management, a European infrastructure investor, announced a $500 million investment to solar developer Silicon Ranch.
- London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
- Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
- Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
- The Bel Group announced a $350 million investment to expand its U.S.-based production, including at its South Dakota, Idaho and Wisconsin facilities — which will create 250 new jobs.
- Clasen Quality Chocolate announced a $230 million investment to build a new production facility in Virginia, which will create 250 new jobs.
- Fiserv, Inc., a financial technology provider, announced a $175 million investment to open a new strategic fintech hub in Kansas, which is expected to create 2,000 new, high-paying jobs.
- Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
- TS Conductor announced a $134 million investment to build an advanced conductor manufacturing facility in South Carolina, which will create nearly 500 new jobs.
- Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
- Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
- Charms, LLC, a subsidiary of candymaker Tootsie Roll Industries, announced a $97.7 million investment to expand its production plant and distribution center in Tennessee.
- Toyota Motor Corporation announced an $88 million investment to boost hybrid vehicle production at its West Virginia factory, securing employment for the 2,000 workers at the factory.
- AeroVironment, a defense contractor, announced a $42.3 million investment to build a new manufacturing facility in Utah.
- Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
- India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
- Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
- Cyclic Materials, a Canadian advanced recycling company for rare earth elements, announced a $20 million investment in its first U.S.-based commercial facility, located in Mesa, Arizona.
- Guardian Bikes announced a $19 million investment to build the first U.S.-based large-scale bicycle frame manufacturing operation in Indiana.
- Amsterdam-based AMG Critical Minerals announced a $15 million investment to build a chrome manufacturing facility in Pennsylvania.
- NOVONIX Limited, an Australia-based battery technology company, announced a $4.6 million investment to build a synthetic graphite manufacturing facility in Tennessee.
- LGM Pharma announced a $6 million investment to expand its manufacturing facility in Rosenberg, Texas.
- ViDARR Inc., a defense optical equipment manufacturer, announced a $2.69 million investment to open a new facility in Virginia.
That doesn’t even include the U.S. investments pledged by foreign countries:
- United Arab Emirates announced a $1.4 trillion investment in the U.S. over the next decade.
- Saudi Arabia announced it intends to invest $600 billion in the U.S. over the next four years.
- Japan announced a $1 trillion investment in the U.S.
- Taiwan announced a pledge to boost its U.S.-based investment.
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