Company says it will create 12,000 jobs in manufacturing and R&D over next five years
Business live – latest updates
The Swiss drugmaker Roche has said it will put $50bn (£37bn) into manufacturing in the US over the next five years, joining the queue of companies unveiling investments to try to head off potentially punitive Donald Trump tariffs.
Roche said on Tuesday the investment would create more than 12,000 jobs, including 6,500 in construction and 1,000 at new and expanded existing facilities in the US, including factories and distribution centres in Kentucky, New Jersey and California.
More Stories
Kenya tells tea factories to cut ties with Rainforest Alliance due to costs
EU agrees to increase flight delay times before passengers get compensation
Trump tariffs could wipe out European steel sector, senior industry figure says