AeroVironment (AV) Expands Footprint in Salt Lake County, Utah

The Utah Governor’s Office of Economic Opportunity awarded AeroVironment (AV),  a post-performance tax reduction for its expansion in Salt Lake County. The corporate incentive is part of the state’s Economic Development Tax Increment Financing (EDTIF) program.
As part of the agreement, AV projects to add over 500…

SkyWater Announces Proposed CHIPS Funding to Enhance Domestic Semiconductor Production and Capabilities

Federal investment of up to $16M and State of MN pledge of $19M expected to result in total outside CapEx investments exceeding $350M during this decade
Bloomington, MN – SkyWater Technology announced that it has signed a preliminary memorandum of terms (PMT) valued at up to $16 million with the CHIPS…

SOLARCYCLE Accelerates Plans for Polk County, Georgia Operation

Atlanta, GA – Georgia Governor Brian P. Kemp announced that SOLARCYCLE, an advanced technology-based solar recycling company, will accelerate its expansion into Polk County to meet increasing demand for solar panel recycling services. The company is investing an additional $62 million to increase its panel recycling capacity to 10 million…

Welspun Tubular Conducts Groundbreaking Ceremony for Expansion at its Little Rock Facility in Arkansas

LITTLE ROCK, Ark. – Welspun Tubular LLC held the groundbreaking ceremony for the expansion of its High Frequency Induction Welded (HFIW) pipe manufacturing facility in Little Rock, Arkansas. This expansion represents a $100 million investment to expand and upgrade the company’s line pipe portfolio in the United States.

Welspun Tubular…

Hitachi Rail Invests $100 Million in Next-Generation Rail Signalling Technology in Toronto, Ontario

SelTracTM, the Ontario-invented rail signalling system, will integrate AI and next-generation technologies leveraging Ontario’s tech talent and engineering expertise
Toronto, Ontario, Canada – Invest Ontario is proud to support Hitachi Rail’s more than $100 million investment to upgrade its world-leading communication-based train control (CBTC) signalling…