Johnson & Johnson Increases U.S. Investment to More than $55 Billion Over the Next Four Years
21 Março 2025 - 7:00AM
Business Wire
Investment builds on almost 140-year legacy of improving and
saving lives and supporting American jobs
Includes four planned new manufacturing facilities, with
ground-breaking today in North Carolina on $2 billion+ facility
Total Company U.S. economic impact estimated to be more than
$100 billion per year
Today, Johnson & Johnson (NYSE: JNJ) (the “Company”),
healthcare’s leading, most comprehensive innovation powerhouse,
announced manufacturing, research and development, and technology
investments of more than $55 billion in the United States over the
next four years. This represents a 25% increase in investment
compared to the previous four years and builds upon the Company’s
already elevated U.S. investment levels resulting from the passage
of the 2017 Tax Cuts & Jobs Act.
“Today’s announcements accelerate our nearly 140-year legacy as
an American innovation engine tackling the world's toughest
healthcare challenges,” said Joaquin Duato, Chairman and Chief
Executive Officer, Johnson & Johnson. “Our increased U.S.
investment begins with the ground-breaking of a high-tech facility
in North Carolina that will not only add U.S.-based jobs but
manufacture cutting edge medicines to treat patients in America and
around the world."
$55 Billion Investment Supports American Innovation &
Manufacturing
In addition to the facility in Wilson, North Carolina, the
Company’s increased investment in the U.S. over the next four years
includes:
- Three new advanced manufacturing facilities and the expansion
of several existing sites across the Company’s Innovative Medicine
and MedTech businesses that will create high-paying,
high-technology jobs. The Company will share further information on
these sites once available.
- Significant investments in extensive R&D infrastructure
aimed at developing lifesaving and life-changing treatments in
areas such as oncology, neuroscience, immunology, cardiovascular
disease, and robotic surgery.
- Increased technology investments to help make drug discovery
and development faster, support workforce training and enhance our
business operations.
- With its increased investment over the next four years, the
Company’s U.S. economic impact will build upon its already
estimated more than $100 billion per year.1
Groundbreaking Today in North Carolina Kickstarts U.S.
Investment
The North Carolina investment creates jobs starting today in
Wilson, North Carolina, where the Company is officially breaking
ground on its new, 500,000 square foot, state-of-the-art biologics
manufacturing facility.
The North Carolina facility will:
- Expand our capacity to manufacture next-generation medicines
for people living with cancer, immune-mediated and neurological
diseases in America and around the world.
- Support approximately 5,000 jobs during construction and create
over 500 positions in North Carolina.
- Create a $3 billion impact across the state in the first 10
years of operations.
Johnson & Johnson has more manufacturing facilities in the
U.S. than in any other country and is a leading investor in
American innovation and R&D. With a focus on pharmaceuticals
and medical technology, the Company stands alone in its ability to
impact the full spectrum of disease. From cardiology to cancer,
mental health to vision, cell therapies to robotics, the depth and
breadth of Johnson & Johnson’s expertise and capabilities is
unique. No company can match Johnson & Johnson’s ability to
deliver best-in-class solutions for patients at every step of their
journeys.
About Johnson & Johnson:
At Johnson & Johnson, we believe health is everything. Our
strength in healthcare innovation empowers us to build a world
where complex diseases are prevented, treated, and cured, where
treatments are smarter and less invasive, and solutions are
personal. Through our expertise in Innovative Medicine and MedTech,
we are uniquely positioned to innovate across the full spectrum of
healthcare solutions today to deliver the breakthroughs of
tomorrow, and profoundly impact health for humanity. Learn more at
www.jnj.com.
Cautions Concerning Forward-Looking Statements
This press release contains “forward-looking statements” as
defined in the Private Securities Litigation Reform Act of 1995.
The reader is cautioned not to rely on these forward-looking
statements. These statements are based on current expectations of
future events. If underlying assumptions prove inaccurate or known
or unknown risks or uncertainties materialize, actual results could
vary materially from the expectations and projections of Johnson
& Johnson. Risks and uncertainties include, but are not limited
to: challenges and uncertainties inherent in product research and
development, including the uncertainty of clinical success and of
obtaining regulatory approvals; uncertainty of commercial success;
manufacturing difficulties and delays; competition, including
technological advances, new products and patents attained by
competitors; challenges to patents; product efficacy or safety
concerns resulting in product recalls or regulatory actions;
changes in behavior and spending patterns of purchasers of health
care products and services; changes to applicable laws and
regulations, including global health care reforms; and trends
toward health care cost containment. A further list and
descriptions of these risks, uncertainties and other factors can be
found in Johnson & Johnson’s most recent Annual Report on Form
10-K, including in the sections captioned “Cautionary Note
Regarding Forward-Looking Statements” and “Item 1A. Risk Factors,”
and in Johnson & Johnson’s subsequent Quarterly Reports on Form
10-Q and other filings with the Securities and Exchange Commission.
Copies of these filings are available online at www.sec.gov,
www.jnj.com or on request from Johnson & Johnson. Johnson &
Johnson does not undertake to update any forward-looking statement
as a result of new information or future events or
developments.
1 Estimated impact as calculated by an external economic
analysis.
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version on businesswire.com: https://www.businesswire.com/news/home/20250321506294/en/
Media contact: media-relations@its.jnj.com
Investor contact: investor-relations@its.jnj.com
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