News Lego names project manager and contractor for $1bn Virginia factory The Lego Group has announced a project manager and main contractor for its $1bn factory project in the US state of Virginia, but said the main construction phase would begin…
News Rheinmetall breaks ground on €300m artillery shell factory Düsseldorf-based arms manufacturer Rheinmetall has broken ground on an ammunition factory near the village of Unterluess in Lower Saxony. The ceremony was attended by Chancellor Olaf Scholz and Mette Frederiksen,…
News Intel delays $20bn Ohio chip factory, citing slowing market US chipmaker Intel has delayed construction of a $20bn manufacturing facility in Ohio, according to the Wall Street Journal. Work has begun on the development, which Intel says it its…
News iPhone screen-maker to build $9bn factory in Chengdu Beijing-based electronics group BOE Technology, the largest supplier of screens for the iPhone 15, will invest $9bn in a factory complex in central China. According to the South China Morning…
News Honda ‘considering’ construction of $14bn EV complex in Ontario Japanese automotive company Honda is considering building a $13.8bn EV complex in Canada, reports Nikkei Asia. The project, which may include a battery factory and an assembly plant, would be…
News $5bn electric vehicle plant accelerates in Atlanta Californian EV maker Rivian has selected Chicago contractor Clayco to build a 1,800-acre manufacturing plant outside Atlanta, Georgia. The company, which makes SUVs and pick-ups, had previously planned to build…
News Huawei to build first European factory “next year” Chinese tech company Huawei plans to start work on its first European factory next year, Reuters reports. The Strasbourg plant will make electronic devices for use in mobile networks. A…
News Dow to build $6.5bn net-zero plastics plant in Alberta The board of US chemical company Dow has given the green light to a US$6.5bn petrochemical plant in Fort Saskatchewan, Alberta. Dow said the ethylene cracker and derivatives plant will…
News 85-tonne-a-day hydrogen plant planned for Nantes French green-hydrogen specialist Lhyfe has been chosen by the Port of Nantes Saint-Nazaire to build a green hydrogen factory in Montoir-de-Bretagne at the mouth of the Loire River. It’s expected…
News US drug maker to build $2.5bn factory in Germany US pharmaceutical company Eli Lilly has announced plans to invest $2.5bn in a factory in western Germany. The plant, in the town of Alzey in the Rhineland-Palatinate, will meet growing…
News Ethiopia, Korea open textile research centre in Addis Ababa The governments of South Korea and Ethiopia opened the “Textile Techno Park” at the weekend, the Ethiopian Broadcasting Corporation reports. The subject of a memorandum of understanding signed back in…
News JCB announces second US factory UK headquartered machinery maker JCB plans to build a 67,000-sq-m factory on a 400 acre plot in San Antonio, Texas. It will be the company’s second in the US following…
News Germany to offer Intel “$11bn in subsidies” for chip factory US tech company Intel is to receive $11bn in subsidies for its planned chip fabrication facility in the Germany city of Magdeburg, the Bloomberg news agency reports. Intel originally estimated…
News Finnish modular builder plans $750m factory in US state of Georgia Finnish modular builder Admares has announced plans to build a $750m “mega factory” in the city of Waycross in southeast Georgia. The 2.5 million sq ft factory will create an…
News Bosch plans $1.5bn Californian chip factory Germany’s Bosch plans to acquire the assets of US chipmaker TSI Semiconductors, based in Roseville, California, and invest $1.5bn in retooling its semiconductor production facilities. Now TSI’s 250 staff produce…
News Samsung reveals plan to invest $230bn in Seoul chip factories over next 20 years Samsung Electronics has revealed plans to invest $230bn over the 20 years to develop the world’s largest silicon chip fabrication industry. The company, which is the world’s largest maker of…
News World’s largest silicon carbide chip factory planned for Germany US chipmaker Wolfspeed yesterday announced plans to invest $3bn in a semiconductor plant in the western German state of Saarland. The factory, which Wolfspeed says will be the largest and…
News Rebar giant SteelAsia plans $2bn factory in the Philippines Philippines rebar giant SteelAsia and China’s BaoSteel will join forces to build a $2bn factory in the Philippines capable of producing 3 million tons of molten steel, the company said.…