Benny Johnson: Cleveland Cliffs to invest $1 billion in Middletown Ohio manufacturing

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Anastasiia Chabaniuk

21.08.2026

Benny Johnson: Cleveland Cliffs to invest $1 billion in Middletown Ohio manufacturing — Cleveland Cliffs invests $1 billion in Ohio

Benny Johnson reports that Vice President JD Vance has announced the creation of 29,000 new manufacturing jobs in 2026 alongside a $1 billion investment by Cleveland Cliffs in Middletown, Ohio.

According to the announcement, the investment marks a significant commitment to expanding manufacturing capacity and employment in the region.

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Johnson has previously highlighted other significant shifts in major companies. He reported that Bud Light lost $35 billion in market capitalization following comments linking Dylan Mulvaney to declining sales. In another report, Johnson noted NIKE shares fell 78 percent from their highs, resulting in a $200 billion loss in market value.

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