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.
NEW TAIPEI, Taiwan—Foxconn Technology Group’s plan to invest $7 billion in U.S. manufacturing has touched off a scramble among three heartland states. At stake are not only jobs, but votes as well.
MONTGOMERY, AL—Alabama’s auto industry continues to thrive, racking up new jobs and investments in communities across the state. Last year, there were at least 68 auto projects, for an estimated total of 3,848 jobs and $907.1 million in new capital investment. New projects announced this year push that total past $1 billion and add hundreds of more jobs.
GLENFIELD, NY-—A group of Lewis County students spent the past couple weeks learning more about manufacturing and finding solutions to engineering-based challenges.
COLUMBUS, OH--A surge in auto-manufacturing jobs since the start of the decade provided a desperately needed lift for Ohio as it climbed out of the worst recession since the Great Depression. But, that growth has stalled, based on recent figures, and analysts expect the job totals to remain flat or even shrink.
LANSING, MI--Taiwanese electronics maker Foxconn's plan to build a display panel factory in the U.S. has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.
WASHINGTON--The Federal Reserve said last Friday that factory production rose 0.2 percent last month, reversing a drop of 0.4 percent in May. Manufacturing output is up 1.2 percent from June 2016.
MONTREAL--Four customer aircraft have entered final assembly at Bombardier’s site at Downsview Airport here. The company says that it’s on track to deliver the first Global 7000 jets in the second half of 2018.
ALEXANDRIA, MN--Alexandria Industries and many other manufacturers in Minnesota are taking steps to hang on to talented older workers steeped in assembly and industry knowledge.