Danish drugmaker Novo Nordisk, the firm behind the highly sought-after diabetes treatment Ozempic and obesity treatment Wegovy, will spend $4.1bn on a new factory in North Carolina. The 1.4 million-sq-ft…

US-headquartered equipment maker Bobcat has broken ground on a $300m, 700,000-sq-ft factory in Mexico. The plant will produce select compact track and skid-steer loader models. It is designed by US-based Shultz + Associates Architects,…

UK equipment maker JCB has broken ground on a 67,000 sq m, $500m factory in San Antonio, Texas. Set on a 400-acre plot, the factory will build Loadall telescopic handlers,…

South Korean aerospace and technology company Hanwha Systems has broken ground on a 11,500-sq-m satellite factory on Jeju Island about 100km offshore in the East China Sea. According to The…

The US government has awarded Samsung $6.4bn to build extra chip fabrication facilities at the giant factory the Korean company is already building in Taylor, near Austin, Texas. In exchange,…

Taiwan Semiconductor Manufacturing (TSMC) has agreed to increase its investment in its Arizona site by 60%, from $41bn to $65bn, and to begin making cutting-edge 2nm chips in them. In…

South Korean chipmaker SK Hynix plans to invest almost $4bn in an advanced packaging, fabrication, and R&D facility for AI chips at Purdue University in Indiana. Its chief executive Kwak…

German arms and automotive company Rheinmetall has broken ground on a combined automotive and defence factory in Szeged, Hungary. It will be the company’s first large-scale hybrid site making advanced…

Lithium Americas Corporation has received a conditional commitment from the US Department of Energy for a $2.26bn loan under the Advanced Technology Vehicles Manufacturing Loan Program to fund construction of…

German automotive supplier Bosch has received permission to start building the second phase of a $1bn research, development and production centre on the western outskirts of Shanghai. Bosch said in…

US start-up Solarcycle has announced plans to invest $344m in a factory to make glass for solar panels in Cedartown, Georgia. The aim is to make the solar industry more…

The Lego Group has announced a project manager and main contractor for its $1bn factory project in the US state of Virginia, but said the main construction phase would begin…

Düsseldorf-based arms manufacturer Rheinmetall has broken ground on an ammunition factory near the village of Unterluess in Lower Saxony. The ceremony was attended by Chancellor Olaf Scholz and Mette Frederiksen,…

US chipmaker Intel has delayed construction of a $20bn manufacturing facility in Ohio, according to the Wall Street Journal. Work has begun on the development, which Intel says it its…

Beijing-based electronics group BOE Technology, the largest supplier of screens for the iPhone 15, will invest $9bn in a factory complex in central China. According to the South China Morning…

Japanese automotive company Honda is considering building a $13.8bn EV complex in Canada, reports Nikkei Asia. The project, which may include a battery factory and an assembly plant, would be…

Californian EV maker Rivian has selected Chicago contractor Clayco to build a 1,800-acre manufacturing plant outside Atlanta, Georgia. The company, which makes SUVs and pick-ups, had previously planned to build…

Chinese tech company Huawei plans to start work on its first European factory next year, Reuters reports. The Strasbourg plant will make electronic devices for use in mobile networks. A…