Walmart to Pump $350 Billion Into American Manufacturing

Walmart to Pump $350 Billion Into American Manufacturing

Making a splashy bid on U.S. manufacturing, retail titan Walmart (NYSE: WMT) said today it is planning a major investment in the sector over the next decade, totaling $350 billion. This sum stacks atop $250 billion the company said it would use to bankroll American manufacturers in 2013, a pledge it says it is "on track to deliver." Flush with cash despite elevated pandemic expenses, Walmart is pushing ahead with multiple initiatives.