Up to 187 million Canadian dollars to be invested to expand IBM’s chip plant in Bromont, QC.
July 5, 2024
BROMONT, QC—IBM, Canada and Quebec will invest 187 million Canadian dollars ($139.6 million) to expand assembly, testing and packaging capabilities at the company’s semiconductor manufacturing facility here.
Agreement outlines intent to research and develop solutions to new challenges related to processing performance, power consumption, and design complexity.
July 3, 2024
TOKYO—Honda Motor Co. and IBM have agreed to collaborate on research and development of next-generation computing technologies needed to overcome challenges related to processing capability, power consumption and design complexity for software-defined vehicles (SDVs).
DEARBORN, MI—Ford Motor Co. solidified its position as the No. 1 American automaker in terms of vehicles assembled, vehicles exported from America to other countries, and hourly workers employed.
The new VersaFlex AP10 conveyor from mk North America Inc. is for medium-duty pallet-handling applications. It is ideal for handling automotive components, battery cell applications, machining center operations, and inspection and testing centers.
The Japanese automaker is investing more than 15 billion Canadian dollars to assemble EVs in Canada.
July 1, 2024
ALLISTON, ON—Honda Motor Co. plans to build a comprehensive EV value chain in Canada with an approximate investment of $11.2 billion, including investment by joint venture partners, to prepare for a future increase in EV demand in North America.
KERNERSVILLE, NC—John Deere will invest about $70 million to build a new 380,000-square-foot factory at its manufacturing campus here. The factory will assemble small, 6 to 10 metric ton excavators and is expected to add about 150 new jobs. Currently, about 600 people work at the Kernersville campus.
BIRMINGHAM, MI—BNP Media, the publisher of ASSEMBLY and one of the largest privately held B2B media companies in the United States, has received the first-ever accreditation from the Alliance for Audited Media (AAM) for its audience and media management technology platform and Digital Audience Profile reporting system.
SHALERSVILLE, OH—Viega, a maker of metal pipe fittings and valves, is building a $200 million manufacturing facility here, about 40 miles southeast of Cleveland. The 180,000-square-foot plant is expected to be operational in early 2025.