Walmart believes they can create more American jobs by supporting American manufacturing. By making production more affordable and feasible in the UnitedStates, Walmart can bring its customers more U.S.-made products and manufacturers can create more jobs inAmerica. This commitment is part of their contribution to help grow the American economy.Items that are made, sourced or grown right here in America account for about two-thirds of what Walmart spends to buy products for its U.S. stores – but there is room to do more. With this in mind, in 2013, Walmart announced a new initiative to purchase an additional $250 billion in American products over 10 years. The Boston Consulting Group,an independent consulting firm, has predicted that their investment will create 1 million jobs, including 250,000 manufacturing jobs.Walmart knows that keeping dollars in our local and state economies strengthens communities, encourages business growth, and keeps people employed. That’s why they’ve stepped up our commitment to supporting local and American businesses. In January 2014, Walmart and the Walmart Foundation announced a new initiative through which they will provide $10 million to fund a five-year program that will provide grants to innovators in the manufacturing sector seeking to create new processes, ideas, and jobs that support America’s growing manufacturing footprint.
