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Sumitomo Announces Iowa Manufacturing Facility Expansion

Valent BioSciences LLC, a subsidiary of Sumitomo Chemical Co., Ltd., announced an expansion to its biorational manufacturing facility in Osage, […]

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Schneider Electric Opens New North Carolina Facility and Donates $300,000 to State University’s Industrial Automation Lab

Schneider Electric opened RaleighHub, a new 65,000-square-foot hybrid facility that will accommodate 400 local employees, in Raleigh, North Carolina. At […]

Press Releases

Global Business Alliance Urges Swift Congressional Action on CHIPS for America Act

Global Investment in Semiconductor Industry has Nearly Quadrupled in Past Five Years

Global Companies Revive America’s Semiconductor Industry

Through global connections, international companies from allied countries can help innovate America’s manufacturing of semiconductors. The U.S. must welcome companies […]

News

Air Liquide Invests $250 Million to Open Las Vegas Hydrogen Plant

The North Las Vegas plant is the company’s largest liquid hydrogen production and logistics infrastructure facility in the country and will push Nevada to the forefront of hydrogen energy production. The facility, which is entirely powered by renewable electricity, will create 700 contractor jobs, 25 full-time jobs and is expected to attract additional jobs and revenue for North Las Vegas.

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Samsung and Stellantis to Invest $2.5 Billion for EV Battery Plant in Kokomo, Indiana

The lithium-ion battery plant in Kokomo, Indiana, is expected to create 1,400 jobs and begin production in 2025. The company […]

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Volvo to Invest $6.4 Million in New Technician Training Center in Shippensburg, Pennsylvania

The new facility will host training courses for heavy equipment technicians and is scheduled to open in early 2023.

Reports

FDI in the United States, Quarter Four 2021

Foreign direct investment in the United States totaled $125 billion in the fourth-quarter 2021.