CIBOLO, TX—AW Texas Inc. broke ground Monday on a 159-acre automatic transmission plant to be built here. Upon completion, the new plant will provide capital investments up to $400 million and bring approximately 900 new jobs to the area over the next five years.
COEUR d'ALENE, ID–KORE Power, a developer of high-density, high-voltage energy storage solutions, recently announced its intention to build a lithium-ion battery manufacturing plant in the U.S. to support global growth efforts for its Mark 1 Energy Storage System. The new facility will create 2,000 U.S.-based manufacturing jobs.
MILAN, Italy—Fiat Chrysler Automobiles NV and Peugeot maker PSA Group of France agreed last week to merge in a deal that creates one of the world’s largest auto makers by volume with a market value of $48.4 billion.
STURETVANT, WI — Foxconn executives and state officials opened a renovated and expanded advanced manufacturing center at a southeastern Wisconsin technical college.
WESTFIELD, IN — Abbott, a global health care company, plans to establish a new medical device manufacturing and assembly site along U.S. Highway 31 in Westfield, Indiana.
OYSTER BAY, NY--According to a report by ABI Research, the total installed base of AI-enabled devices in the manufacturing sector will reach 15 million in 2024.
CAMBRIDGE, MA—Engineers at the Massachusetts Institute of Technology have developed an army of tiny robots that can assemble large lattice structures, such as aircraft fuselages or wings.
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