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Abbott Laboratories expects tariffs to cost 'a few hundred million dollars,' plans to add up to 200 new jobs in Chicago area

By Yahoo! Finance   |   4 weeks ago
Abbott Laboratories expects tariffs to cost 'a few hundred million dollars,' plans to add up to 200 new jobs in Chicago area

Abbott Laboratories is expanding production in Chicago, planning to hire 200 more employees. Despite challenges from tariffs, the company is investing $500 million in manufacturing and R&D, aiming for growth and innovation. CEO Ford remains optimistic, focusing on long-term strategies to navigate tariff impacts.

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