The semiconductor chip development facility will be located in Yokohama and will begin operations in 2025.

Only 167 major new construction projects were planned for the North American distribution and supply chain sector in April 2023, a 19% drop compared to March 2023.

The United States Department of Agriculture will be creating 12 new USDA Regional Food Business Centers and launching a $420 million Resilient Food Systems Infrastructure (RFSI) Program.

By early summer 2023, Coulomb Solutions Inc. is expected to choose Arizona, Nevada or Texas to house the battery plant.

Automakers and EV battery makers alike are increasingly rushing to make investments in North America in order to receive tax credits provided by Biden’s landmark climate change bill.

Volkswagen will be investing $5.1 billion in the plant while the Canadian government will provide an additional $9.7 billion in the form of a tax credit.

The International Finance Corporation and the Cambodian government will extend an offer to a select qualified private developer that will finance, develop and operate the complex.

Kearney’s “10th Annual Reshoring Index Report” showed 96% of CEOs are considering reshoring operations, have decided to reshore operations, or have already reshored operations in 2023.

Bipartisan Infrastructure Law’s Charging and Fueling Infrastructure program will provide $2.5 billion over five years.