US Manufacturing Boom Is About More Than EVs, Chips

French electrical equipment giant Schneider Electric SE is spending $85 million to add more manufacturing capacity in Tennessee for switchgear and power distribution products. Zurich-based ABB Ltd. officially opened a robotics manufacturing facility and US headquarters building in Michigan that it spent $20 million to expand and retrofit. General Electric Co.’s aerospace arm is investing $450 million this year in new equipment and building upgrades for factories in Alabama, Massachusetts, North Carolina and Ohio, plus another $100 million for specialized tools and custom dies for its forging and casting supply chain and $100 million on plants outside the US. Dutch paint-manufacturer Akzo Nobel NV is investing more than $30 million to expand its powder-coating operations in Indiana, Pennsylvania, Tennessee and Monterrey, Mexico. And those are just the announcements from this week.

Read the article.

Item added to cart.
0 items - $0.00