World Economy

In order to meet up Healthcare equipment demand, companies like-Tesla, Apple, ford, and General motors. Announces to manufacture, Masks, Sanitizers, ventilators etc. 

Companies Involved 

 

Monday night Elon musk tweeted 

"CHINA had an oversupply, so we bought 1255 FDA-approved ResMed, philips and Medtronic VENTILATORS on Friday night and air-shipped them to LA"

Apple will donate millions of masks to healthcare workers.

Apple CEO Tim Cook tweeted "Proud to share we have been able to source 10M masks for the US and million more for the hardest hit region in Europe. Our operation team are helping to find and purchase masks from our supply chain  in coordination with government around the world. 

Collaboration for a Good Cause  

In company announcement Ford-general motors and 3m are Partnering to build ventilator and protective gear equipment to solve the excess demand of healthcare equipment.

 Inditex who Owns Zara, Pull&bear,Bershka, Massimo, Dutti and other clothing brands has step forward for donating masks and to Caronavirus patients and health officials in Spain. Fashion giant is looking looking forward for converting factories in order to produce hospitals gowns.

Absolute Vodka and Irish Whiskey are operating under manufacturing hand Sanatizers. The alcohol manufacturer producing hand Sanetizer at all its us Distilleries 

LVHM parent company of Louis Vuitton also manufacturing hand Sanetizer in there perfume factories. the supply will to to met the requirements of hand Sensitizers in France.

FMCG gaint Uniliver to donate soap, senatizers and other consumer hygiene products to the world economis foroums emergency task force.
Company has alloted 100million fund out of which 50 million euros worth of soap and hand senetizer will be donated.
in addition company is coverting thier manufacturing assets to produce senetizer for schools hospitals and for other institutional.