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| Peter Navarro Outlines White House White House Initiative on Critical Supply Chains |
| 2020-07-29 |
| [ConservativeTreehouse] Earlier today White House Trade and Manufacturing Advisor Peter Navarro discussed an initiative to lunch a new program spearheading new critical supply chains. The goal is to return manufacturing of pharmaceuticals, medicines and equipment back to America. SUPPORTING AMERICAN SUPPLY CHAINS: The Trump Administration is signing a Letter of Interest in support of a deal that will help ensure essential medicines are produced in America. * The Trump Administration is signing a Letter of Interest supporting a deal to transform Kodak into a pharmaceutical company that can help produce essential medicines in the United States. * When the deal is final, the CEO of the U.S. International Development Finance Corporation (DFC) will use his delegated Defense Production Act (DPA) loan authority to provide a $765 million loan to launch Kodak Pharmaceuticals, which will create at least 360 jobs. * With this loan, the company can build the capacity to produce essential medicines that have lapsed into chronic national shortage. + Once fully operational, Kodak will have the capacity to produce 25% of the generic active pharmaceutical ingredients necessary for all non-biologic and non-antibacterial pharmaceuticals used in the United States. * Kodak will work with the Administration and drug product manufacturers to identify the products that are most needed to meet national security requirements. Peter Navarro - Maria Bartiromo video at link. Related: Peter Navarro: 2020-05-20 Coronavirus roundup: Peter Navarro: 2020-05-18 Whose Peter Navarro: 2020-05-18 Navarro: China Deliberately Allowed Coronavirus to Spread Outside Its Borders Related: Kodak: 2020-01-06 Couple gets married at Bass Pro Shops in Tennessee, next to big tank of trophy fish Kodak: 2019-04-19 Rapper Kodak Black aka Bill Karpi arrested in New York on drug, weapons charges Kodak: 2019-03-17 1960 Mercury Monterey: You'd be glad you bought it every time you looked at it |
| Posted by:Cromoth Sheatch5463 |
| #7 #5 - Murthy Renduchintala - he's likely a white supremacist too! /s |
| Posted by: Frank G 2020-07-29 19:34 |
| #6 BTW, I think this Kodak news is big. Investors certainly thought so: At the close today: $33.20 +25.26 (+318.14%) A few more of these deals and Americans won't be reliant for their very survival on foreign (read Chinese) cancer causing contaminant laced pharmaceuticals. Protect the industries that we need to survive from predation by our enemies. What is so hard about that? |
| Posted by: Ebberegum Croling1752 2020-07-29 19:08 |
| #5 Maybe a light bulb turned on at the Intel executive suite. Yesterday: Heads roll at Intel after 7nm delay Renduchintala joined Intel in 2016, when the company lured him away from Qualcomm with an $8.1 million signing bonus and total compensation package worth up to $25 million. He has been Intel's chief engineering officer for just over three years now and was described as "the company's second most powerful executive" behind then-CEO Brian Krzanich. Murthy Renduchintala will leave Intel on August 3, 2020. |
| Posted by: Ebberegum Croling1752 2020-07-29 19:01 |
| #4 Can we still call it The White House? |
| Posted by: Skidmark 2020-07-29 17:12 |
| #3 Used to be a generation ahead. |
| Posted by: gorb 2020-07-29 14:19 |
| #2 TSMC to build a $12 billion advanced semiconductor plant in Arizona with US government support The plant, scheduled to start production of chips in 2024, will enable TSMC’s American customers to fabricate their semiconductor products domestically. It will use the company’s 5-nanometer technology and is expected to create 1,600 jobs and have the capacity to produce 20,000 wafers a month. Unfortunately, Intel has fallen one generation behind TSMC in manufacturing. If Intel doesn't straighten up, it will fall two generations behind. |
| Posted by: Thimp Gonque3544 2020-07-29 03:20 |
| #1 How about semiconductor manufacturing? |
| Posted by: gorb 2020-07-29 03:02 |