In three years, a new $1 billion tire manufacturing facility that is being built in partnership between Egypt and China’s Sailun Group in the Suez Canal Economic Zone (SCEZ) will begin production,...
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GE Appliances to reshore operations
As part of a $3 billion investment to expand and modernize its U.S. operations in Kentucky, Georgia, Alabama, Tennessee, and South Carolina, where much of its production is already located, General...
AbbVie completes new acquisition, continues to invest in capacity
Further to announcing an investment of $195 million in its North Chicago, Illinois manufacturing plant to expand domestic active pharmaceutical ingredient (API) production in the U.S.—part of its...
Federal support behind National Shipbuilding Strategy in B.C.
On the fifteenth anniversary of the National Shipbuilding Strategy (NSS), the federal government is putting its support behind the effort to create jobs across Canada while ensuring that the needs...
Nissan calling it quits at Mexico operation
Amidst financial challenges with low sales and operating margins, Nissan has made the decision to shutter its first factory built outside of Japan. Automotive production will come to an end by March...
Ford moving ahead with EV strategy, announces $2B investment in U.S. plant
Ford will invest nearly $2 billion to retool and reenergize an assembly plant in Kentucky where it has produced gas-powered vehicles for the last 70 years to produce electric vehicles (EV) that it...