All articles tagged with #japanese investment
Originally Published 3 months ago — by Fortune
U.S. tariffs under Trump are prompting Japanese companies to increase production in the U.S., with Japanese FDI reaching record highs, driven by a strong U.S. economy and new trade agreements, though concerns about legal challenges and labor shortages remain.
Originally Published 1 year ago — by WRAL News
Fujifilm Diosynth Biotechnologies plans to create 680 high-paying jobs and invest an additional $1.2 billion in its Holly Springs campus, expanding its biomanufacturing facilities. The expansion, supported by economic incentives, aims to boost the production of biological medicines and is expected to bring the company's total investment in the site to over $3.2 billion by 2031, with an economic impact of $4.76 billion. This move highlights North Carolina's strength as a biotech hub and its efforts to attract Japanese companies, with Fujifilm Diosynth being a subsidiary of Tokyo-based Fujifilm. The state's ties with Japan are growing, with Japanese companies making significant investments in North Carolina, and the visit of Japanese Prime Minister Fumio Kishida aims to further strengthen economic partnerships.
Originally Published 2 years ago — by Al Jazeera English
Japanese companies are set to invest more than $22bn in the UK economy, including funding for offshore wind power and other clean energy projects. The investment is seen as a "massive vote of confidence" in the UK economy by British Prime Minister Rishi Sunak. However, carmakers have expressed concerns about Brexit trade rules, with Stellantis warning it could close some UK factories if trade rules are not tweaked to ease the supply of batteries for electric vehicles. Sunak said the UK is engaged in a dialogue with the EU to address these concerns.