MORGANTON, NC—Continental is investing more than $40 million to expand its brake systems assembly plant here. The expansion is set to be completed in early 2018.
WASHINGTON, DC--U.S. manufacturers' output fell 0.4 percent in March, led by a large step-down in the production of motor vehicles and parts, the Federal Reserve announced last week. Factory output aside from motor vehicles and parts moved down 0.2 percent. For the first quarter as a whole, industrial production rose at an annual rate of 1.5 percent.
FREMONT, CA--To meet its self-imposed Septembes deadline for the production of its Model 3 sedan, Tesla is planning to bypass prototyping and bring the vehicle directly to final production. Industry experts caution, however, that the approach poses assembly line risks and will cost millions in production equipment if it fails.
LITTLE FALLS, MN---Indiana-based Wabash National, which makes high-test, lightweight truck trailers, recently acquired the just-shuttered Larson Boat plant here and plans to invest $11 million to renovate and equip the facility. The company hopes to employ 70 people by 2019 and 100 or more within five years.
HUNTSVILLE, AL—Aerojet Rocketdyne plans to build a new state-of-the-art factory here to build the company’s next-generation rocket engine. The facility is expected to create 800 jobs.
ANDERSON, IN—Automotive supplier NTK Precision Axle Corp. plans to expand its operations in Indiana by establishing a new axle assembly plant here. The company plans to create nearly 200 jobs over the next five years.
ACTON, MA—Medical device manufacturer Insulet Corp. will soon break ground on a new assembly plant here. The 195,000-square-foot factory will produce insulin pumps.
DEARBORN, MI—Ford Motor Co. will invest $1.2 billion in three Michigan facilities to prepare for production of the all-new Ford Ranger and Bronco, and to support the company’s expansion into mobility. The company will invest $850 million to retool its Michigan Assembly Plant in Wayne; $150 million in its Romeo Engine Plant; and $200 million to build a data center at the company’s Flat Rock Assembly Plant.
LINCOLN, AL—Honda will invest $85 million in its assembly plant here as part of a multiphase project to improve manufacturing flexibility, strengthen logistics, and prepare for future technologies.
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