Johnson & Johnson to Invest Over $1 Billion in Florida Contact Lens Manufacturing Facility
Johnson & Johnson (NYSE:JNJ) announced a $1 billion investment to build a contact lens manufacturing facility in Jacksonville, Florida. The plant is expected to be fully operational by 2028 and will enhance the company's production capacity for its Acuvue brand. This move aligns with J&J’s broader plan to invest $55 billion in U.S. manufacturing through early 2029.
Tickers: $JNJ
Topics: contact lenses Florida facility Johnson & Johnson manufacturing investment