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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:
How Fortune 1000
Responded to COVID-
19 in the Past 60 Days
Defense Production Act
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
Defense Production Act
The 1950 law gives the government more control
during emergencies to direct industrial
GM to produce 30,000 ventilators under $500M
Defense Production Act contract
General Motors and Ventec Life Systems partner
to deliver first batch of ventilators ahead of
The first ventilators will be ready ahead of
schedule, a total of 6,132.
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.”
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.
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.”
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
and a total of 43,000 by year’s end.
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.”
Ford to Produce 50,000 Ventilators in Michigan in
Next 100 Days
Partnering with GE Healthcare to produce 1,500 in
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.”
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.
Kieran Murphy, President and CEO, GE
“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
Other Fortune 1000
Cisco commits $225 million to battle
coronavirus, leading tech’s fight against the
Chuck Robbins, CEO, Cisco
“Cisco must, and will, do even more to help others
respond to this global pandemic."
Apple coronavirus donation doubled in China,
focusing on long-term efforts
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."
Google Pledges More than $800 Million in
COVID-19 Aid Including Google Ad Credits
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."
Facebook announced it was committing $20
million in donations to support relief efforts.
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
IBM, Amazon, Google and Microsoft partner
with White House to provide compute
resources for COVID-19 research
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
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".
John Kahan, Global Head - AI, Microsoft
“Microsoft wants to make sure researchers working to combat
COVID-19 have access to the tools they need."
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