Exclusive: Dimon, Farley, Gov. Whitmer on Rebuilding American Manufacturing
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Ford, JPMorgan and the state of Michigan are teaming up to connect manufacturers and startups with capital, customers and government support as the US tries to rebuild supply chains that were moved overseas. Ford CEO Jim Farley says his company will commit $1 billion in purchasing to companies developing capabilities in areas including advanced manufacturing, magnets and rare earths, while JPMorgan Chase CEO Jamie Dimon says the bank will lend capital through its broader security and resiliency push. Michigan’s governor Gretchen Whitmer is hopeful that the partnership will provide more opportunities for the state’s workforce. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X
Tags: Automobile, Business, Canada, David Westin, Ford Motor Co., Gretchen Whitmer, JPMorgan Chase & Co., James Farley, Jamie Dimon, Manufacturing, State of Michigan, Trade, USMCA, auto maker, cars, local economy
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