Exclusive: Dimon, Farley, Gov. Whitmer on Rebuilding American Manufacturing

• Ford, JPMorgan, and Michigan launched an initiative to support advanced manufacturing and reshore supply chains in the US.
• Ford commits $1 billion in purchasing from new US companies in areas like advanced manufacturing, magnets, and rare earths.
• JPMorgan Chase provides capital through its broader $1.5 trillion security and resiliency initiative, including $5 billion directly invested in companies.
• Michigan is highlighted as a key hub due to its manufacturing heritage, skilled workforce, and high concentration of engineers.
• The initiative aims to address geopolitical disruptions and build domestic capacity for economic independence and national security, transcending short-term market fluctuations.

The video highlights a collaborative initiative between Ford, JPMorgan Chase, and the state of Michigan to rebuild American advanced manufacturing and onshore critical supply chains. Ford commits $1 billion in purchasing, and JPMorgan provides capital to support new and expanding companies, particularly in Michigan, to enhance US economic resilience and national security.