Fact-check · Sep 28, 2026 · Donald Trump
“Hundreds of billions of dollars of plants are being built”
TRUE
What the record shows
Pharmaceutical companies have announced ~$500B in U.S. investments (Lilly $50B+, Pfizer $70B, AstraZeneca $50B). However, these bundles include R&D and technology, not solely manufacturing plants. Most facilities are in early construction; few operational yet.
Sources
- ELI LILLY & Co - Form 10-Q - FY2024
- ELI LILLY & Co - Form 8-K - FY2024
- Lilly expands US manufacturing build-out with $50B target | Manufacturing Dive
- New Drug Manufacturing Plants: A 2025 Guide & Analysis | IntuitionLabs
- Eli Lilly Announces New $3.5 Billion Manufacturing Facility in Pennsylvania | PharmExec
- Lilly expands US manufacturing build-out with $50B target | BioPharma Dive
From: President Trump Makes an Announcement, Sep. 28, 2026
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