WASHINGTON—Toyota Motor Corp. and rival Mazda Motor Corp. are planning to build a $1.6 billion U.S assembly plant as part of a new joint venture. The plant will be capable of producing 300,000 vehicles a year, with production divided between the two automakers.
CANTON, MS—Workers at Nissan Motor Co. Ltd.’s assembly plant here voted nearly two to one against representation by the United Auto Workers. The vote at the end of a bitterly contested campaign extended a decades-long record of failure by the union to organize a major automaker’s plant in the South.
WOBURN, MA—Executives at Ionic Materials have announced a design breakthrough that could make solid-state alkaline batteries a viable alternative to lithium-ion and other high-energy storage technologies for computers, smartphones and electric vehicles
NAGOYA, Japan—Japanese appliance manufacturer Rinnai will start producing gas-powered tankless water heaters in the United States. The company will initially lease a plant in Georgia and later build its own assembly plant there. Investment will total some $79 million.
MADISON, WI—In what’s being called the largest economic development project in state history, Taiwanese electronics giant Foxconn plans to build a $10 billion plant in Wisconsin that would create liquid-crystal display panels and employ as many as 13,000 people.
DETROIT—UAW President Dennis Williams said independent, outside counsel would lead an internal investigation into allegations that union officials were illegally funneled $1.2 million by Fiat Chrysler’s former labor chief.
RIVER FALLS, WI—A manufacturer of vending machine technology claims it will be the first company in the U.S. to implant microchips in most of its employees. The company, Three Square Market, plans to implant tiny RFID chips in the hands of workers who volunteer for the procedure. The chip will replace identification cards used to open doors and operate office equipment.
DEARBORN, MI—Exactly 100 years ago today—July 27, 1917— the first Ford Model TT truck rolled out of the assembly plant, beginning an American love affair with pickups that still burns hot.
MUMBAI, India—During the next five years, Indian conglomerate Mahindra Group plans to invest an additional $1 billion in the United States, where it is hoping that its two-wheel electric scooters will win over American millennials. Mahindra has already invested $1 billion in the United States, where it has 3,000 employees.
RSS
