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...
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...
Jun 11, 2024
Solar module manufacturer Heliene will incorporate Suniva’s domestically manufactured solar cells in its modules. NORCROSS, Ga. And MOUNTAIN IRON, Minn.—Suniva, Inc., a U.S. manufacturer of high-efficiency monocrystalline silicon solar cells, and Heliene, Inc., a...
Jun 11, 2024
The company has added multiple custom ceramic printers at its Mt. Pleasant, Pennsylvania location, according to its CEO. MOUNT PLEASANT, Pa.—WATT Fuel Cell recently expanded its U.S. Advanced Manufacturing Plant and Headquarters facility in Mt. Pleasant, increasing...
Jun 11, 2024
The credit will support expansion of the company’s U.S. electric vehicle supply equipment (EVSE) manufacturing facility in Arlington. MOUNTAIN VIEW, Calif.—Wallbox, a provider of electric vehicle (EV) charging systems, reported that it was allocated a $5.2 million...
