The project is expected to add 340 new manufacturing jobs at the factory.
April 25, 2024
PRINCETON, IN—Toyota will invest $1.4 billion in its assembly plant here to build a new, three-row, battery-electric SUV. The project is expected to add 340 new jobs at the factory.
U.S. imports from 14 low-cost countries in Asia declined by $143 billion last year.
April 25, 2024
CHICAGO—Continuing the reshoring trend of the past few years, U.S. companies are increasingly importing goods made closer to home and relying less on goods from low-cost countries in Asia.
The line has lower HMI's and extra room for people in wheelchairs.
April 25, 2024
ATTENDORN, Germany—GEDIA Automotive Group, a manufacturer of metal assemblies for car bodies and chassis, has ordered a new press-hardening line that will be accessible by people with disabilities. Designed by Swedish press company AP&T, the new line will enable staff with physical disabilities to monitor and manage the press-hardening process without hindrance.
HERNDON, VA—On April 22nd, Airbus announced that C. Jeffrey Knittel is retiring as Chairman and Chief Executive Officer of Airbus Americas, Inc. on June 3, 2024, after serving as the region’s top executive since 2018. Robin Hayes, former CEO of JetBlue Airways, has been selected to succeed him.
CHATTANOOGA, TN—Workers at Volkswagen’s assembly plant here workers voted in favor of union representation in their workplace last week, marking the first time a foreign-owned automotive factory in the South has unionized.
FREMONT, CA—Bloom Energy Inc. has been awarded up to $75 million in tax credits from the federal government to expand domestic manufacturing of solid oxide fuel cells at its assembly plant here.