Thursday July 20, 2017 the CEOs of Corning, Merck, and Pfizer pharmaceutical companies teamed up to bring back the pharmaceutical glass manufacturing to the United States through modernization and innovation. President Donald J. Trump, Department of Health and Human Services Secretary Tom Price, and Assistant to the President for Intragovernmental and Technology Initiatives Reed Cordish welcomed them in the White House.
Together those companies will bring back significant United States manufacturing job, $4 billion investment and creating more than 4,000 new high-tech jobs for Americans in the coming years. Corning has developed the pharmaceutical glass packaging technology for storage and delivery of injectable drugs called “Valor Glass.” The initial investment by the three companies will cover the expansion of Corning facilities, as well as the building of a new high volume manufacturing plant in the Southeast to support the new, safer, and innovative manufacturing process of pharmaceutical glass.
98% of the $4 billion industry had previously been done overseas, making this an important stride in American employment and technology advancement.
The return of pharmaceutical glass manufacturing to the United States was made possible by collaboration between the three storied American companies and support from the Trump Administration.
"Every day, we are fighting to bring back our jobs, to restore our industry, and to put America first," said President Trump.
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Billions of dollars in investments & thousands of new jobs in America! An initiative via Corning, Merck & Pfizer: https://t.co/QneN48bSiq pic.twitter.com/5VtMfuY3PM— Donald J. Trump (@realDonaldTrump) July 21, 2017
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