Jun 11, 2024
The automaker is investing $1.4 billion in its Princeton facility to produce the SUV and add a new battery pack assembly line. PRINCETON, Ind.—Toyota reported that it is preparing to assemble a new, three-row battery electric SUV in the United States as part of a...
Jun 11, 2024
ZeroAvia will produce full engine systems at the new facility, as well as electric and hydrogen aviation components for OEMs interested in its fuel cell, power electronics, compressor, and electric motor technologies. EVERETT, Wash.—ZeroAvia, an aircraft engine...
Jun 11, 2024
Joby Aviation’s new facility will more than double the company’s manufacturing footprint in the state. SANTA CRUZ, Calif.—Joby Aviation, Inc., reported in April that it broke ground on the expansion of its pilot production line in Marina. The new facility is expected...
Jun 11, 2024
Two new buildings will enhance the company’s capabilities for producing medical device headsets, as well as wiring and harnessing for the aerospace and defense industries. COLORADO SPRINGS, Colo.—Spectrum Advanced Manufacturing Technologies (Spectrum AMT) is embarking...
Jun 11, 2024
Joby recently began hiring to support its initial manufacturing operations at the facility in Dayton. SANTA CRUZ, Calif.—Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, recently acquired an existing facility at Dayton...
Jun 11, 2024
The $115 million expansion will support key missile programs, including the Glide Phase Interceptor. HUNTSVILLE, Ala.—Raytheon, an RTX business, recently broke ground on a $115 million, 26,000-square-foot expansion of its Redstone Raytheon Missile Integration...
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...
