Jun 11, 2024
The $115 million expansion will support key missile programs, including the Glide Phase Interceptor. HUNTSVILLE, Ala.—Raytheon, an RTX business, recently broke ground on a $115 million, 26,000-square-foot expansion of its Redstone Raytheon Missile Integration...
Jun 11, 2024
LG Energy Solution said it expects to begin production at its stand-alone facility in about two years. SEOUL, South Korea—The construction of a major battery manufacturing complex in Arizona, announced by LG Energy Solution in 2023, is reported to be on track for...
Jun 11, 2024
Sintavia is investing $25 million in facilities and equipment to support future demand from its customers. HOLLYWOOD, Fla.—Aerospace component manufacturer Sintavia, LLC is carrying out what the company calls its “single largest expansion in facilities and equipment...
Jun 11, 2024
The facility will help e-VAC Magnetics accelerate U.S. rare earth magnet manufacturing via a domestic supply chain. SUMTER, S.C.—A Germany-based manufacturer of rare earth permanent magnets was recently awarded a $111.9 million Qualifying Advanced Energy Project Tax...
Jun 11, 2024
The company will use the Section 48C Advanced Energy Project tax credit allocation to advance the construction of its manufacturing facility in Fort Worth, Texas. LAS VEGAS—MP Materials reported that it received a $58.5 million award to advance its construction of...
