Jun 11, 2024
LG Energy Solution said it expects to begin production at its stand-alone facility in about two years. SEOUL, South Korea—The construction of a major battery manufacturing complex in Arizona, announced by LG Energy Solution in 2023, is reported to be on track for...
Jun 11, 2024
Sintavia is investing $25 million in facilities and equipment to support future demand from its customers. HOLLYWOOD, Fla.—Aerospace component manufacturer Sintavia, LLC is carrying out what the company calls its “single largest expansion in facilities and equipment...
Jun 11, 2024
The facility will help e-VAC Magnetics accelerate U.S. rare earth magnet manufacturing via a domestic supply chain. SUMTER, S.C.—A Germany-based manufacturer of rare earth permanent magnets was recently awarded a $111.9 million Qualifying Advanced Energy Project Tax...
Jun 11, 2024
The company will use the Section 48C Advanced Energy Project tax credit allocation to advance the construction of its manufacturing facility in Fort Worth, Texas. LAS VEGAS—MP Materials reported that it received a $58.5 million award to advance its construction of...
Jun 11, 2024
The state-of-the-art battery production line is expected to begin manufacturing 1MWh of battery cells this year, the company said. BELTSVILLE, Md.— ION Storage Systems (ION), a manufacturer of what the company calls “safe, high energy density, fast-charging...
Jun 11, 2024
The John Palmour Manufacturing Center for Silicon Carbide is a $5 billion investment that will bring jobs and economic growth to the state, the company said. SILER CITY, N.C.—Silicon carbide technology company Wolfspeed, Inc., reported that it topped out construction...
