Defense Production Act
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Defense Production Act articles below.
In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.
Factory provides domestic source of critical materials used in US government satellite batteries; expected job creation of over 50 positions at new factory.