Global businesses eye US expansion to lessen fallout from tariffs
ESSITY
The Swedish hygiene product maker could move more of its production into the US from Mexico and Canada, its CEO said in January.
LVMH
The luxury conglomerate is "seriously considering" bulking up its US production capacities, its CEO said in January.
ROCHE
The Swiss pharmaceutical giant will invest $50 billion in the US over the next five years, it said in April. On May 12, it announced additional $550 million investment to expand its Indianapolis diagnostics manufacturing hub.
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