Gov. Andy Beshear announced yet another major investment in the state’s rapidly growing electric vehicle (EV) sector as Microvast Advanced Membrane Inc. will locate a new facility in Hopkinsville with a $504 million investment creating 562 full-time jobs. “Kentucky continues…
Normont Motion Technology, Inc. Relocating Corporate Headquarters to Marion County
Normont Motion Technology, Inc. (Normont), a leading industrial engineering company, today announced plans to relocate its corporate headquarters to Marion County. The company’s $1.19 million investment will create 27 new jobs. Headquartered in Quebec, Canada, Normont is a manufacturer of…
The City Commission of Weslaco Appoints New Board Member to EDC of Weslaco
The EDC of Weslaco announces Kristopher M. Garcia as the newly appointed member of the Board of Directors for the Economic Development Corporation of Weslaco (EDCW). Garcia was appointed by the Weslaco City Commission in February to serve a 3-year,…
Oregon Solicits Interest from Semiconductor Firms for CHIPS Act Funding
Business Oregon is seeking written interest from semiconductor firms that would consider applying for a portion of the $190 million in funding expected to be available for Oregon semiconductor firms through Senate Bill 4. The funding is intended to help…
EVelution Energy Announces $200M Cobalt Production Facility in Yuma County
EVelution Energy, a U.S. electric vehicle (EV) battery materials processing company, plans to build a solar-powered carbon neutral cobalt sulfate production facility in Yuma County, Arizona. This facility, the first of its kind in the U.S., is expected to commence…
Metglas, Inc. Announces Plant Expansion to Help Solve Transformer Shortage
Metglas, Inc., a Proterial Group Company, is excited to announce that it is doubling production capacity for their HB1M Amorphous Steel product line in Conway, SC. HB1M Amorphous Steel is used in the construction of distribution transformers that power homes…