M & M MARS maker pledges $ 2 billion to expand American manufacturing

Mars, prominent Dessert maker behind M & M’s and SkittlesShe pledged to invest two billion dollars in its local operations by the end of 2026 to build more “flexible” American business.

The huge investment, which was announced on Tuesday, includes a $ 240 million natural bakery facility in Sult Lake City, Utah, which is scheduled to open on Wednesday. The natural bakery site, which exceeds 339,000 square feet, will create more than 230 new jobs in the region and help the company to produce nearly one billion bar every year, according to Mars.

“The United States is the largest and most important market for our long -term growth – not only through ancient manufacturing fingerprint but also by expanding strategic acquisitions such as Bakery Nature’s Baker, which is already expanding quickly,” said Mars CFO Clawus Agard.

Apple reveals a historic investment of $ 500 billion in American manufacturing, innovation: “future rise”

The company said that this advertisement is based on more than that 6 billion dollars investment It has been made over the past five years to enhance US production. Earlier this year, MARS opened a $ 450 million facility in Luisburg, Ohio, for the Royal Canin Dry Pet Food, which has created up to 270 new jobs in the region.

The company said that about 94 % of March products sold in the United States are produced locally in the United States

The company joins an increasing list of organizations that have set new investments in United States manufacturing This is in line with the main goals of the Trump administration, which uses the customs tariff to encourage companies to re -manufacture to American territory and reduce dependence on foreign goods.

Several companies have been revealed throughout technology, pharmacy and auto industries amid the first several months of President Donald Trump’s second administration.

The administration has already described that “Trump is on a mission to make America the superpower in the world.” While economist Michael Szanto believes that the transfer of more industrialization to the United States is a “goal worth”, he said, “It will take time and will not be without pain.”

Elie Lily invests 27 billion dollars in the United States manufacturing

Earlier this year, Hyundai planned to invest $ 20 billion to bring manufacturing operations to the United States followed General MotorsWho said it would invest $ 4 billion in its American factories over the next two years to enhance the manufacture of electric and electrical vehicles.

GE Aerospace has announced an investment of approximately one billion dollars in American manufacturing, while Eli Lilly announced that it has been investing an additional $ 27 billion to enhance domestic drug production, amounting to the total investment of the company in the United States for more than $ 50 billion since 2020.

In February, Apple also announced that it has committed $ 500 billion over the next five years, which will include the construction of an advanced AI server manufacturing near Houston, in addition to doubling the company’s advanced manufacturing fund from $ 5 billion to 10 billion dollars.

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“The construction of advanced factories such as the chips causes can take years and cost billions of dollars,” Szanto said. He said that prices may rise in the short term because the United States lacks “some people even building some factories, not to mention their employees.”

However, he said, “Our strength in manufacturing is that the United States has some of the greatest energy resources to operate our factories at a cheap price” and that “in the future in automation and robots will allow us to reduce the shortage of employment.”