STATESBORO, GA—Ecoplastic Corp., a Korean auto parts manufacturer, is investing $205 million to build a new manufacturing facility here. The company is a tier-1 supplier for Hyundai, producing parts such as consoles and bumpers.
DETROIT—General Motors on Wednesday posted a 2.5% rise in U.S. new vehicle sales in 2022, outselling Toyota Motor, helped by an easing of inventory shortages and strong demand for its cars and trucks.
WASHINGTON—The U.S. Department of Energy has awarded Sila Nanotechnologies $100 million to support the company’s new factory in Moses Lake, WA, and help Sila hire and train some 300 workers for the facility. It’s one of 21 projects that the DOE has funded to support domestic battery materials processing and manufacturing.
HYDERABAD, India—Panic gripped Hetero Group’s pharmaceutical manufacturing plant here after a leopard was spotted inside the building in the early morning hours of Dec. 18.
WEIRTON, WV—Form Energy Inc., a start-up dedicated to developing long-lasting batteries for electric utilities, will build its first assembly plant here. The factory is expected to create at least 750 jobs and will represent a total investment of up to $760 million.
HOLLAND, MI—Ensign Equipment Inc., a manufacturer of equipment for handling dry bulk solids, has completed a 10,000-square-foot expansion of its assembly plant here.