Pres. Trump Announces New Initiative to Help Manufacturing, Job Growth

If nothing changes Trump's approval ratings- already historically low at 40 percent- could portend a shellacking in the 2018 midterm elections

Others present at the event included Department of Health and Human Services Secretary Tom Price and Assistant to the President for Intragovernmental and Technology Initiatives Reed Cordish. So, what we're announcing is we're investing immediately half a billion dollars in creating 1,000 new American jobs. The White House said the new plant would be located in the southeast.

President Donald Trump invited companies from all across America to the White House to participate in "Made in America Week".

Trump this week has sought to highlight US manufacturing and has promised to bring jobs back to the USA from overseas.

The Trump administration is showcasing homegrown products from each US state as part of the weeklong "Made in America" initiative. "You can't reindustrialize a major industry like this without touching the government at every level", he told CNBC. We need our process to be approved by the EPA.

"Pharmaceutical glass packaging will now be made in America".

The three companies are going to upgrade pharmaceutical packaging through the use of Corning's products.

It will provide enhanced chemical durability and damage resistance, enabling pharmaceutical companies in effective storage and delivery of drug formulations. "All of this is made possible by our great customers like Merck and Pfizer and the strong support of the Administration, the Office of American Innovation, and the FDA's Emerging Technology Team".

Pfizer chairman and CEO Ian Read said: "We joined forces with Corning to advance this revolutionary new glass for medicines that are critical to patients".

But the program has been in the works since 2012, according to spokespeople from Merck and Corning. "Merck plans to convert several injectable products to this exceptional new glass packaging solution, pending appropriate regulatory approvals".

Corning also has a location in NY and a plant is being planned to be built in the Southeast.

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