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Facility Location Planning: Page 9

Vietnamese EV Maker Planning Battery Plant in India
VinFast said in October 2023it would build assembly factories in India and Indonesia that each have an annual capacity of up to 50,000 cars and a capital expenditure of up to $200 million at first.
Photo: iStock.com/Victor Golmer
Russian LNG Producer Begins Arctic Operations Despite U.S. Sanctions
The first shipments from the LNG project will be delivered during the first quarter of 2024, said Russian Deputy Prime Minister Alexander Novak.
Photo: iStock.com/lyash01
Missouri Bans Foreign Adversaries from Buying Land Near Military Bases
The executive order prohibits companies and citizens from "threatening countries" from purchasing farms or other types of land within ten miles of staffed military sites in Missouri.
St. Louis, Missouri. Photo: iStock.com/Sean Pavone
Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron
The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.
Photo: iStock.com/gorodenkoff
Japanese Carmakers Investing $4.3B in Thailand Over Next Five Years
Toyota and Honda will each invest about $1.44 billion in the country, while Isuzu Motors and Mitsubishi will combine to invest the remaining $1.44 billion.
Photo: iStock.com/Chaiyaporn1144
Samsung Delays Production at New U.S. Factory to 2025, Daily Says
Mass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s foundry business.
Photo: SeongJoon Cho/Bloomberg
Israel Giving Intel $3.2B Grant to Build New Chip Plant
Construction has already begun at the Fab 38 plant, which is due to open in 2028 and operate through 2035.
Santa Clara, California. March 2018. Photo: iStock.com/JHVEPhoto
Tesla Acquires Land in Shanghai to Build Megapack Battery Plant
The company paid $31.13 million for use rights to a 48.7-acre plot near an existing Tesla plant that currently produces Model 3 and Model Y vehicles.
A Tesla Inc. showroom in Shanghai, China, on Sunday, Oct. 16, 2022. Photo: Qilai Shen/Bloomberg
Gebrüder Weiss Opens Third Australian Location
The company said that it is planning to open additional locations in northern and western Australia in order to provide “blanket coverage” for the entire continent.
Brisbane, Australia. Photo: iStock.com/f11photo
Orsted to Go Ahead with Building Giant U.K. Offshore Wind Farm
The final investment decision on the 2.9-gigawatt project shows that the offshore wind industry is picking back up after a crisis year.
Photo: iStock.com/vice_and_virtue
U.S. Chipmaker to Sell Chinese Factories to Local Company
North Carolina-based Qorvo said that it had signed an agreement to sell its circuit assembly operations in Beijing and Dezhou to the iPhone assembler Luxshare Precision Industry.
San Jose, California. Photo: iStock.com/Sundry Photography
World Courier Opening Three New U.S. Transportation Stations
World Courier said the stations will allow the company to expand its capacity to store, handle and transport pharmaceutical products, including those that require cryogenic storage.
Photo: iStock/sorn340
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