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Facility Location Planning: Page 13
Foxconn Investing $250M to Build Two Factories in Vietnam
A planned $200 million factory will reportedly be finished by January 2025 while construction on a different $46 million plant will be completed by October 2024.
Panasonic Executive Says the Company Needs More Battery Plants
Panasonic “will need to build" about four more factories to achieve a sharp boost in its battery capacity, according to CTO Shoichiro Watanabe.
Element 25 Agrees to Supply GM with Manganese Sulfate
GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.
CJ Logistics and KOBC Investing $457M in Large-Scale U.S. Logistics Centers
KOBC will be in charge of securing funding for the centers while CJ Logistics will be responsible for operating the facilities.
Master Lock Closing Milwaukee Plant After 100 Years of Operations
Employees claim that more than 400 jobs will be sent abroad to Mexico and China where the company currently houses manufacturing facilities.
Żabka Group Unveils Automated Logistics Center in Poland
Following the opening of this facility, Żabka’s logistics network now consists of eight logistics centers as well as 19 transshipment terminals.
Ford Battery Plants on Track to Receive $9.2bn Federal Loan
The money will be awarded via the Advanced Technology Vehicles Manufacturing Loan Program to BlueOval SK, a new joint business venture established by Ford and SK On.
ZIM American to Expand Headquarters in Virginia
Virginia was able to beat out several other states for the project which will create “several hundred jobs” over the next five years, according to Governor Glenn Youngkin.
World’s Top Dairy Maker Plans Chicago Expansion After $3.2bn Kraft Deal
The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.
France Grants Aid for €1bn Green Jet-Fuel Plant
The government will provide €200 million to help develop renewable jet-fuel projects, including one developed in southern France by startup Elyse Energy, French President Emmanuel Macron said.
Walmart Opening High-Tech Fulfillment Center in Indiana
The McCordsville, Indiana location is the second of four next-generation facilities that Walmart is building in order to boost the company's fulfillment capacity.
Micron Nears $1bn Investment in India Chip Packaging Plant
An announcement could be made as soon as when Prime Minister Narendra Modi visits the U.S. during the week of June 19, according to people close to the matter.
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