According to the CNBC, South Korea’s Hyundai announced an investment of $ 20 billion in the United States.
President Donald Trump made the announcement with Hyundi Chairman Esen Chung and Louisiana Government Jefflandry on Monday.
This investment also includes construction of a $ 5 billion steel plant in Louisiana, which is expected to include about 1,500 jobs.
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This is the latest in a series of US investment announcements.
“Money is shedding money,” Trump said in the event. ” “This investment is a clear demonstration that works very firmly.”
Axisos recently reported that Hyundai Motor CEO Jose Mouz has said that his company is “the best way to” raise prices “is to increase localization.”
Meanwhile, Johnson & Johnson (J&J) announced on Friday that it would invest more than $ 55 billion in the United States in four years, including the construction of four new manufacturing plants, which is a 25 % increase in investment compared to four years ago.
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“Our growing US investment begins with a high -tech facility in North Carolina, which will not only increase jobs in the United States but also to treat patients in the United States and the whole world,” said J&J Chairman and CEO Joekin Dow.
In addition, last month, J&J’s rival Eli Lily and the company have announced that they plan to build four new factories in the United States and will bring 10,000 construction jobs with 3,000 jobs for engineers, scientists, operations personnel and lab technicians.
