President Trump announced that JetZero will invest $4.7 billion in North Carolina, creating more than 15,000 jobs, calling it "the largest jobs announcement actually in North Carolina history." The president made the remarks during a speech highlighting economic development under his administration.
7B investment, creating 15,000 jobs."
Pharmaceutical Manufacturing Returns to American Soil
Trump also spotlighted major investments from the pharmaceutical industry, naming Johnson & Johnson, Biogen, Merck, Genentech, and AbbVie. Together, the president said, these companies are "pouring more than 10 billion dollars into North Carolina building brand new plants and making our pharmaceuticals."
He tied the development to lessons learned during the COVID-19 pandemic, when critical medicines were produced overseas. "Everything was all made in China. It was made in Ireland. It was made in the UK. We didn't make medicine," Trump recalled. "I watch that. I didn't like that."
Breaking News: Sibelco to Build Semiconductor Materials Facility
"We're announcing Sibelco is going to build silicon manufacturing. It's quartz manufacturing. It is basically the foundation of semiconductors," Lutnick said. "And they're going to build it right here in North Carolina, hundreds of millions of dollars."
The announcement positions North Carolina as a growing hub for advanced manufacturing, from aviation to pharmaceuticals to the critical materials needed for semiconductor production.
