President Trump Is Putting American Industry, Jobs, and Paychecks Back on the Map

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President Trump Is Putting American Industry, Jobs, and Paychecks Back on the Map

The White House

October 8, 2026

President Donald J. Trump is delivering on his promise to the American worker: build it here, power it here, and put paychecks back in the communities Washington left behind. In a matter of weeks, President Trump has locked in a run of steel, nuclear, gas, shipbuilding, and medical manufacturing commitments that will hire American workers and strengthen American security.

President Trump announced that Mesabi Metallics will build a $15 billion steel complex in Iowa — the largest steel plant ever built in the United States. Fed by American iron ore and driven by the Trump Administration’s steel tariffs, the fully integrated mine-to-mill complex will create 1,750 new, permanent jobs, support up to 6,000 construction jobs, and generate an estimated $95 billion in economic output.

President Trump and Anduril announced Arsenal-2, the biggest new American shipyard push since World War II, now moving forward in Maryland. The yard will produce critical Virginia-class components and large assemblies, create about 3,100 direct jobs, and support more than 11,000 indirect jobs. Anduril is investing $3.7 billion in private capital; the Navy is putting up to $2.9 billion behind it as part of the Trump Administration’s push to reshore America’s defense industrial base.

President Trump unveiled a South Korean energy investment package of up to $200 billion in the United States. The package includes as much as $120 billion to build eight large-scale nuclear plants, $54 billion tied to the Alaska LNG pipeline, and $22.3 billion for a six-gigawatt natural gas power facility in Texas.

Vice President Vance announced that the Department of Energy will invest $150 million to advance a major new transmission line in Alaska. The project includes 223 miles linking the Beluga power station on the southern coast with Healy in the Interior, a corridor serving ports and nearly three-quarters of the state’s population.

Becton Dickinson announced a $19 billion U.S. investment under a landmark partnership with the Trump Administration, including $3 billion to expand American manufacturing. BD will produce 100% of the needles it sells in America with American-made steel and expand domestic output of essential products.

AstraZeneca announced a $1 billion investment in Massachusetts under the $50 billion investment commitment it made in its Most Favored Nation agreement with the Trump Administration. The company is expanding its domestic research and manufacturing operation and growing its domestic workforce.

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