President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in the state’s history.
Economic development officials from Indiana, Illinois, Michigan, Ohio, Pennsylvania, Texas, and Wisconsin have all vied for Foxconn’s attention. The plant is expected to employ thousands of workers.
Maynard, Massachusetts-based AquaBounty Technologies plans to produce genetically engineered salmon at the facilities.
Taiwanese electronics maker Foxconn’s plan to build a display panel factory in the United States has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.
The company hopes to build a 250,000-square-foot production facility and office complex that could produce 250,000 tons of steel annually.
Wisconsin and Indiana are among states vying for iPhone maker Foxconn as it considers building a $7 billion display panel manufacturing plant that could employ up to 10,000 people.
With the deal, T2 Systems gains access to new U.S. markets, its CEO said.
Westfield-based manufacturer IMMI announced plans on Monday to hire more full-time workers to keep up with demand for lap-and-shoulder belts for school buses.
The not-for-profit tech advocacy group has passed the board torch to Scott McCorkle and added two other software executives to the ranks.
Indiana Sen. Joe Donnelly railed against Carrier Corp. for moving manufacturing jobs to Mexico last year, even as he profited from a family business that relies on Mexican labor to produce dye for ink pads, according to records reviewed by The Associated Press.
Ten industrial buildings have been completed within the past 24 months, another three are under construction, and four projects are in the process of getting started.
Founded in 2009, Stratosphere Quality pushed revenues to about $122 million last year. It employs about 2,300 workers in 22 states, including about 400 in Indiana.
U.S. factories expanded at a robust pace in June, a likely sign of strength for the U.S. economy as new orders, production and employment each improved.
The Swedish company, which has been making cars since 1927, said it will begin producing electric motors for all its cars beginning in 2019.
Chuck Jones grabbed headlines in December after he publicly accused then-President-elect Donald Trump of lying about how many jobs he was saving in a deal with furnace and air conditioner maker Carrier Corp.
One of the projects will be located at the global headquarters of the Fortune 500 engine maker, and the other will involve construction of a new railroad overpass in the city.
Peerless Potato Chips Inc., a renowned brand in northwest Indiana, has gone out of business.
Agribusiness giant Monsanto Co. is considering whether to go ahead with a planned seed-processing and distribution facility after Greenwood's mayor dropped his support for providing property tax breaks toward the project.
Plant union president Don Zering said Thursday that about 110 workers remain at the factory, down from about 350 workers when the closing was announced in October.
Ford Motor Co. will export vehicles from China to the U.S. for the first time starting in 2019. It also plans to make new aluminum-sided Ford Expedition and Lincoln Navigator SUVs in Louisville, securing 1,000 jobs at the plant.
