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Fortune 1000 companies' response to covid 19

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How Fortune 1000 Companies Have Responded to COVID-19 in the Past 60 Days.
U.S. President, Donald Trump invoked the Defense Production Act to get supplies to these manufacturers so they can build ventilators:
General Motors
Res Med
Vyaire Medical
Royal Philips
General Electric

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Fortune 1000 companies' response to covid 19

  1. 1. How Fortune 1000 Companies Have Responded to COVID- 19 in the Past 60 Days April 2020
  2. 2. Defense Production Act 2 U.S. President, Donald Trump invoked the Defense Production Act to get supplies to these manufacturers so they can build ventilators: ● 3M ● General Motors ● Medtronic ● Hill-Rom ● Res Med ● Vyaire Medical ● Royal Philips ● General Electric
  3. 3. Defense Production Act 3 The 1950 law gives the government more control during emergencies to direct industrial production.
  4. 4. GM to produce 30,000 ventilators under $500M Defense Production Act contract 4
  5. 5. General Motors and Ventec Life Systems partner to deliver first batch of ventilators ahead of schedule. The first ventilators will be ready ahead of schedule, a total of 6,132. 5
  6. 6. 6 Mary Barra, CEO, General Motors “It’s great American industry and innovation, but the real fuel for it is our people. Many of these people have been working virtually around the clock, 20-hour days, to make sure we can start building ventilators as quickly as possible.”
  7. 7. 3M teams up with Ford to boost production of powered air purifying respirators (PAPR) and other personal protective equipment (PPE). 3M also makes surgical masks and respirators. 7
  8. 8. 8 Mike Roman, CEO, 3M “We’re exploring all available opportunities to further expand 3M’s capacity and get health care supplies as quickly as possible to where they’re needed most – which includes partnering with other great companies like Ford.”
  9. 9. The Department of Health and Human Services announced a $646.7 million contract for Royal Philips to produce 2,500 ventilators by the end of May and a total of 43,000 by year’s end. 9
  10. 10. 10 David White, Chief Scientific Officer, Philips Sleep & Respiratory Care “Our hope is that this solution will help to free-up ICU ventilators for use in treating the most severe patients.”
  11. 11. Ford to Produce 50,000 Ventilators in Michigan in Next 100 Days Partnering with GE Healthcare to produce 1,500 in April 11
  12. 12. 12 Jim Hackett, President and CEO, Ford “The Ford and GE Healthcare teams, working creatively and tirelessly, have found a way to produce this vitally needed ventilator quickly and in meaningful numbers.”
  13. 13. 13 The GE/Airon Model A-E ventilator uses a design that operates on air pressure without the need for electricity, addressing the needs of most COVID-19 patients.
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  16. 16. 16 Kieran Murphy, President and CEO, GE Healthcare “We applaud Ford for its efforts to lend its manufacturing capabilities to help quickly scale the Airon-licensed Model A-E ventilator and arm clinicians in the fight against COVID-19.”
  17. 17. 17 Other Fortune 1000 Companies Responding to COVID-19
  18. 18. 18 Cisco commits $225 million to battle coronavirus, leading tech’s fight against the pandemic March 2020
  19. 19. 19 Chuck Robbins, CEO, Cisco “Cisco must, and will, do even more to help others respond to this global pandemic."
  20. 20. 20 Apple coronavirus donation doubled in China, focusing on long-term efforts April 2020
  21. 21. 21 Tim Cook, CEO, Apple “Apple has already donated 20 million yuan of its promised amount through Beijing-based China Foundation for Poverty Alleviation to support 6 hospitals in Hubei, including the makeshift Leishenshan hospital in Wuhan."
  22. 22. 22 Google Pledges More than $800 Million in COVID-19 Aid Including Google Ad Credits March 2020
  23. 23. 23 Sundar Pichai, CEO, Alphabet Inc. “Together, we’ll continue to help our communities — including our businesses, educators, researchers, and nonprofits — to navigate the challenges ahead."
  24. 24. 24 Facebook announced it was committing $20 million in donations to support relief efforts. April 2020
  25. 25. 25 Mark Zuckerberg, CEO, Facebook Facebook’s response focuses on three areas: providing accurate information; stopping misinformation; and providing data for research. They’ve also donated more than $100 million to small businesses
  26. 26. 26 IBM, Amazon, Google and Microsoft partner with White House to provide compute resources for COVID-19 research
  27. 27. 27 Dario Gil, Director of Research, IBM “How can supercomputers help us fight this virus? These high- performance computing systems allow researchers to run very large numbers of calculations in epidemiology, bioinformatics, and molecular modeling.”
  28. 28. 28 Mike Daniels, VP, Global Public Sector, Google Cloud “We look forward to participating in this initiative alongside leaders in technology, academia and the public sector to make more resources available to COVID-19 researchers and to apply Google Cloud computing capabilities toward the development of potential treatments and vaccines".
  29. 29. 29 John Kahan, Global Head - AI, Microsoft “Microsoft wants to make sure researchers working to combat COVID-19 have access to the tools they need."
  30. 30. 30 What companies are thriving during these challenging times?
  31. 31. 31 Download our FREE Fortune 1000 List to see what companies are thriving
  32. 32. 844.DATABAHN 844.328.2224 ext. 707 info@databahn.com www.databahn.com Follow us