Faraday Future will establish its first assembly plant for electric vehicles in the City of North Las Vegas, NV. Plans entail more than $1 billion in investment and 4,500 new jobs.
Dow and DuPont are thinking of merging their corporate molecules.
Linetec recently invested $15 million in a third anodize line at its facility in Wausau, WI, creating 90 jobs.
Louisiana is bringing together state, regional and local partners, including business and higher education resources, in intelligent collaborations yielding sustainable economic growth.
The U.S. is expected to become the most competitive manufacturing nation over the next five years, with the current leader China sliding into second position, according to Deloitte Global’s upcoming 2016 Global Manufacturing Competitiveness Index report.
Blow-molded plastic products manufacturer Lifetime Products, Inc. will invest $115 million in a new manufacturing and distribution operations in Knox County, creating 500 jobs.
Located in the heart of Chicago’s prestigious northern suburbs, Wheeling is a diverse and dynamic community of 40,000 people, distinguished by its unique balance of industry, commercial development, and residential neighborhoods.
Proposition 6 created an initial SWIFT fund of $2 billion, which the TWBD expects to leverage into a total of $27 billion in financing over the next 50 years to implement the state water plan, with about half of that coming from state financial assistance. State officials said TWDB was able to approve a large number of projects in the first round because a majority of entities applying for funds requested long-term financing, which enabled the board to stretch the available funds. TWBD allocates funding for water projects based on a ranking system it developed that takes into account the length of time it will take to implement a project and the overall long-term improvement the project represents. For example, a seawater desalination plant proposed by the Guadalupe-Blanco River Authority received seed funds from TWDB even though it will take much longer to build than other, higher-priority projects. TWDB must by law spend up to 20 percent of Prop 6 funds in the next five years on water conservation or re-use projects.
Daimler Trucks will invest $375 million to enable production of its new DD5 and DD8 medium duty engines at Detroit™ brand headquarters and manufacturing facility in Redford, MI.
The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.