DURHAM, NC—Wolfspeed Inc. will build a state-of-the-art, multi-billion-dollar factory in Chatham County, North Carolina, to produce wide-bandgap semiconductors made from silicon carbide. The new factory will increase the company’s manufacturing capacity by more than 10 fold.
BOISE, ID—Micron Technology Inc. plans to invest approximately $15 billion through the end of the decade to construct a new factory here to make memory chips. This will be the first new memory manufacturing fab built in the U.S. in 20 years, ensuring a domestic supply of memory chips required for automobiles, data centers and other applications.
VÉNISSIEUX, France—Renault Trucks has opened a new Used Parts Factory here with a dedicated disassembly line for its heavy-duty vehicles sold in Europe.
TORRANCE, CA—Honda and South Korean battery maker LG Energy Solution will spend $4.4 billion to build a new battery assembly plant in the United States as the Japanese carmaker seeks to phase out fossil-fuel vehicles completely by 2040.
ATLANTA—Porsche Cars North America Inc. (PCNA) has signed a contract with Cherry Street Energy LLC, the largest non-utility provider of solar energy in Georgia, to build and operate a solar power microgrid at the company’s headquarters and customer experience center here.
CEDAR RAPIDS, IA—Appliance manufacturer Sub-Zero Group Inc. will construct a 400,000-square-foot assembly plant here. The $140.6 million project is expected to create 192 jobs.
AUBURN HILLS, MI—Stellantis will invest $99 million in three North American assembly plants for production of a new four-cylinder turbocharged engine. Investments will be made at the Dundee Engine Complex in Michigan, the Kokomo Casting Plant in Indiana, and the Etobicoke Casting Plant in Toronto.
PUEBLA, Mexico—Workers at Volkswagen’s assembly plant here will be asked to vote again on whether to approve their union’s deal for 9 percent raises after initially rejecting the agreement.
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