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Jabil Plans $500 Million Investment In U.S. Manufacturing For Cloud, Ai InfrastructureJabil, a provider of engineering, supply chain and manufacturing solutions, announced that it would invest $500 million to expand its footprint in the southeastern part of the U.S. to support cloud and AI data center infrastructure customers.
The St. Petersburg, Florida-based company said the funds would enable new large-scale manufacturing capabilities, capital investments and workforce development.
Jabil is in the final stages of site selection and expects it to be operational by mid-calendar year 2026.
"To secure America's future in artificial intelligence, it's crucial that we build the hardware that powers AI innovation right here at home," said Matt Crowley, executive VP of Jabil's global business units. "Domestic manufacturing isn't just an economic priority; it's a matter of national security."
The investment builds upon Jabil's recent acquisition of Mikros Technologies, a New Hampshire-based provider of liquid cooling and thermal management solutions. Mikros serves a range of industries, including AI data center infrastructure, energy storage, and semiconductor testing.
"While the geopolitical landscape remains dynamic, our position as a U.S.-based company with a significant domestic footprint enables us to help the world’s leading brands navigate challenges with agility and resilience," CEO Mike Dastoor said.
Jabil has 30 sites across the U.S. and more than 100 globally.
IEN reached out to Jabil for additional information, but the company did not respond to our request for comment.factory
Jun 17, 2025
Manufacturing Net
Jetzero Plans $4.7 Billion Plant In North Carolina, Aims To Create 14,500 JobsGREENSBORO, N.C. (AP) — JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade.
The California-based startup intends to build the factory at Greensboro's airport, investing $4.7 billion. The planned hirings from 2027 through 2036 would be the largest job commitment in North Carolina history, according to Gov. Josh Stein.
The company previously identified Greensboro as one of three finalists for the factory to build its fixed-wing — also known as all-wing or blended-wing — Z4 aircraft, which JetZero says will be 50% more fuel-efficient than traditional tube-and-wing airliners.
JetZero has said it's already received about $300 million in investment in the Z4 project, including a U.S. Air Force grant to build and fly a demonstrator model by 2027.
JetZero is designing its greenfield factory to leverage the latest digital and industrial AI tools to ensure the most efficient and cost-effective production and operating model.
United Airlines and Alaska Airlines also are project investors and have made conditional purchase agreements for their fleets, the company said. JetZero aims for the planes to go into service in the early 2030s, with a goal of completing 20 airplanes per month at full production.
Stein, on hand with JetZero executives and other officials for the formal announcement at Piedmont Triad International Airport in Greensboro, cited North Carolina's robust aerospace industry and the first manned powered flights at Kitty Hawk by the Wright brothers in 1903.
"North Carolina is the perfect location," Stein said. "North Carolina was first in flight. We are also the future of flight."
The jobs would pay minimum average salaries of more than $89,000, according to the state Department of Commerce, which provided details of the project earlier Thursday to a state committee that awards economic incentives.
State and local monetary and training incentives for JetZero and the project described at the committee meeting could exceed $2.3 billion by the 2060s if investment and job-creation thresholds and other requirements are met.
A portion of state incentives awarded by the committee — more than $1 billion over 37 years — is based on a percentage of income taxes withheld from plant workers' paychecks. The incentives also include up to $784 million from Guilford County and Greensboro and $450 million from the General Assembly to help with infrastructure, officials said. The project includes a research facility for composite structures.
A commerce department official said that JetZero, headquartered in Long Beach, California, looked for over a year for a plant location, examining 25 sites in 17 states.
JetZero, currently with just 225 workers, enters a jet purchasing market dominated by industry behemoths U.S.-based Boeing and European Airbus.
"We have already shown strong commercial interest and momentum to meet the real airline demand for this aircraft," CEO Tom O'Leary said. "So this is more than just a factory. It's a launchpad for a new chapter of American aerospace."
While a variant of the Z4 would have tanker and transport uses in the military, JetZero has said that it would focus first on building a commercial jetliner with about 250 seats and a range of 5,000 nautical miles.
The 5-year-old company says the plane's shape will reduce drag and the mounting of engines on the top and back of the plane will make it much quieter than traditional airliners. The Z4 would run on conventional jet fuel but could be converted to hydrogen fuel, according to JetZero.
JetZero says Z4 travelers will board through larger doors and into shorter but wider cabins, and aisles will be less congested as bathrooms will be far away from galleys where meals are prepared.
"It's going to deliver a better passenger experience than you've ever had before on any other plane," O'Leary said.
The state is already home to more than 400 aerospace companies. And the Piedmont Triad airport has emerged as an industry hot spot, with Honda Aircraft placing its headquarters there and Boom Supersonic building its first full-scale manufacturing plant for next-generation supersonic passenger jets.
The central location and easy access to interstates also lured Toyota to build an electric battery plant in adjoining Randolph County.
North Carolina's previous largest economic development project, measured by employment, was revealed in 2022, when Vietnamese automaker VinFast announced plans to build an electric vehicle manufacturing plant in Chatham County, promising 7,500 jobs.factory
Jun 12, 2025
Manufacturing Net
Honeywell Acquires Sundyne For $2.16 BillionHoneywell announced that it acquired Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.Â
The company expects the acquisition of Sundyne, a designer, manufacturer and aftermarket supporter of highly-engineered pumps and gas compressors for process industries, to be immediately accretive to its sales growth and segment margins as well as to adjusted EPS in the first full year of ownership.
Honeywell added that the deal would help unlock growth potential for its UOP's value chains in refining and petrochemicals, liquefied natural gas and clean and renewable fuels.Â
Unified under the Honeywell Forge platform, the combined solution provides a scalable, full-spectrum approach that strategically positions Honeywell in the energy transition.
"Merging Sundyne's differentiated products with Honeywell's leading technology and R&D capabilities positions our business for significant growth," Honeywell Energy and Sustainability Solutions President and CEO Ken West said. "By enhancing our end-to-end process technology and critical equipment offerings, this acquisition allows us to provide improved solutions for our customers."
The completion of this acquisition follows Honeywell's announcement of the planned spin-offs of its Aerospace Technologies and Solstice Advanced Materials businesses, which will result in three publicly listed industry leaders with distinct strategies and growth drivers.
Since December 2023, Honeywell has announced a number of strategic actions to drive organic growth and simplify its portfolio, including $13.5 billion of accretive acquisitions.Â
In addition to Sundyne, these acquisitions include the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products and Johnson Matthey's Catalyst Technologies Business.Â
Honeywell also completed the sale of its Personal Protective Equipment business to Protective Industrial Products last month.factory
Jun 10, 2025
Manufacturing Net
Raytheon Wins $646 Million Hardware Contract For Naval RadarRaytheon, an RTX business, was awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy. This is the fourth option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3 billion over five years.
Under this contract, the U.S. Navy will receive four additional radars, increasing the total amount of radars under contract for procurement to 42.
Barbara Borgonovi, president of Naval Power at Raytheon, said, "SPY-6 enables the U.S. Navy to see further than they've ever seen before, providing sailors with more time to respond to detected threats. This latest contract builds on our decades of experience and technical expertise in developing modular, scalable, and highly maintainable radars."
SPY-6 is one of several radar programs designed and manufactured at Raytheon's Radar Development Facility in Andover, Massachusetts, a 30,000-square foot site supporting the production of diverse types of radars for U.S. and allied forces. This vertically integrated and highly automated site includes sophisticated radar testing and integration happening around the clock.
The majority of the work under this contract will take place at the Andover facility through 2028.factory
Jun 09, 2025
Manufacturing Net
John Deere Reinforces $20 Billion Commitment To U.S. ManufacturingJohn Deere this week reiterated that it would spend billions on its U.S. operations in the coming years — and refuted a report that it would freeze its domestic manufacturing.
The report, first published on Style on Main, suggested that the ag equipment and machinery giant would freeze U.S. production in an "unprecedented shutdown."
A statement issued by the company Thursday apparently sought to make everyone thaw the heck out, bluntly titling the piece, "Myth Busted: John Deere is NOT Freezing U.S. Manufacturing."
The company said it wants to "clear the air," and that it's not shutting down U.S. manufacturing. Rather, John Deere — as announced in its most recent earnings report — is committing some $20 billion to domestic production over the next 10 years.
"Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions and manufacturing capabilities," Deere CEO John May said in the statement.
The company operates some 60 U.S. facilities and has more than 30,000 employees.
"Over the next decade, we will continue to make significant investments in our core U.S. market," May added. "This underscores our dedication to innovation and growth while staying cost-competitive in a global market."
According to May, nearly 80% of Deere's U.S. sales and 25% of the company's international sales stem from domestically-made products.
John Deere, according to a company fact sheet, has already invested some $100 million in U.S. factories this year, including a 120,000-square-foot addition in Missouri, additional expansion in Greeneville, Tennessee, a new excavator factory being built in Kernersville, North Carolina, and new assembly lines being installed in Waterloo, Iowa to build the 9RX tractor.Â
John Deere has been in acquisition mode recently. In late May, the company bought Sentera, a company that makes drone cameras. It's the latest move by the company to further solidify its lead as an agricultural tech provider, helping farmers make more informed operational decisions.factory
Jun 06, 2025
Manufacturing Net
Billion-Dollar Battery Plant Pauses Construction Amid Ev And Tariff UncertaintyCOLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing "policy and market uncertainty."
While Automotive Energy Supply Corp. didn't specify what those problems are, South Carolina's Republican governor said the company is dealing with the potential loss of federal tax breaks for electric vehicle buyers and incentives for EV businesses as well as tariff uncertainties from President Donald Trump's administration.
"What we're doing is urging caution — let things play out because all of the these changes are taking place," Gov. Henry McMaster said.
AESC announced the suspension in construction of its plant in Florence on Thursday,
"Due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time," the company's statement said.
AESC promised to restart construction, although it didn't say when, and vowed to meet its commitment to hire 1,600 workers and invest $1.6 billion. The company said it has already invested $1 billion in the Florence plant.
The battery maker based in Japan also has facilities in China, the United Kingdom, France, Spain and Germany. In the U.S., AESC has a plant in Tennessee and is building one in Kentucky. The statement didn't mention any changes with other plants.
The South Carolina plant is supposed to sell battery cells to BMW, which is building its own battery assembly site near its giant auto plant in Greer. BMW said the construction pause by AESC doesn't change its plans to open its plant in 2026.
AESC has already rolled back its South Carolina plans. They announced a second factory on the Florence site, but then said earlier this year that their first plant should be able to handle BMW's demand. That prompted South Carolina officials to withdraw $111 million in help they planned to provide.
The company is still getting $135 million in grants from the South Carolina Department of Commerce and $121 million in bonds and the agency said a construction pause won't prompt them to claw back that offer.
South Carolina is investing heavily in electric vehicles. Volkswagen-owned Scout Motors plans to invest $2 billion and hire 4,000 people for a plant to build its new electric SUVs scheduled to open in 2027.
The state has for decades made big bets on foreign manufacturers like BMW, Michelin and Samsung that have paid off with an economic boom this century, but there is uneasiness that Trump's flirtation with high tariffs might stagger or even ruin those important partnerships.
McMaster told people to relax as state and business leaders are talking to Trump's administration and things will work out.
"I think the goal of the president and the administration is to have robust economic growth and prosperity and there is no doubt there has to be changes made in our international trade posture and President Trump is addressing that," McMaster told reporters Thursday.factory
Jun 06, 2025
Manufacturing Net
Aerospace And Aviation Manufacturer To Build $1 Billion Site In FloridaAerospace and aviation manufacturer Williams International announced plans to invest nearly $1 billion in constructing a 1 million-square-foot high-volume aviation gas turbine engine manufacturing site in the Florida Panhandle.
Following a multi-state search that began in 2023, the company plans to build the location's facilities in three phases at the Shoal River Industrial Park.
Williams International expects to begin construction on the first 250,000-square-foot facility later this year, with completion scheduled for late 2026. Subsequent facilities will be built in 2028, with the final 500,000-square-foot facility planned for 2035 or 2036.
Headquartered in Pontiac, Michigan, Williams International specializes in the design, manufacturing and support of aviation gas turbine engines.factory
Jun 03, 2025
Manufacturing Net
Bae Systems Launches $250M Shiplift, Land Level Ship Repair FacilityBAE Systems unveiled its new shiplift and land level repair complex during a ribbon-cutting ceremony at the company’s Jacksonville, Florida shipyard.
The development is part of a $250 million investment designed to transform the company's ship repair capabilities as a partner to the U.S. Navy and commercial maritime industry.
“The introduction of our new shiplift and land level repair facility represents more than just progress for BAE Systems Ship Repair, it reflects a shared commitment to innovation, growth and collaboration," BAE Systems, Inc. President and CEO Tom Arseneault said. "Together with the United States Navy and other key industry partners that depend on this port, we are building a stronger foundation for the future to help maintain our maritime superiority.”
The shiplift and land level repair complex will support the maintenance and repair of Mayport-based Navy vessels and commercial ships sailing into the Port of Jacksonville. With the capacity to lift ships displacing up to 25,000 tons and accommodate multiple vessels for maintenance simultaneously ashore, the new complex expands the shipyard’s capabilities threefold.
BAE Systems’ new facility will enhance production efficiency, strengthen regional maritime capabilities and advance environmental stewardship.
The project, together with Pearlson Shiplift Corporation, Foth Engineering and Kiewit Infrastructure South Co., replaced an 80-year-old drydock that had reached the end of its lifecycle. The shiplift system’s platform spans 492 feet by 110 feet, offering a more cost-effective and efficient alternative to traditional drydocks. It will be one of the 10 largest shiplift systems in the world and the largest in the Americas.
The first vessel lift in the facility is anticipated later this month.factory
Jun 02, 2025
Manufacturing Net
$14 Billion In Clean Energy Projects Have Been Canceled In U.S. This YearMore than $14 billion in clean energy investments in the U.S. have been canceled or delayed this year, according to an analysis released Thursday, as President Donald Trump's pending megabill has raised fears over the future of domestic battery, electric vehicle and solar and wind energy development.
Many companies are concerned that investments will be in jeopardy amid House Republicans' passage of a tax bill that would gut clean energy credits, nonpartisan group E2 said in its analysis of projects that it and consultancy Atlas Public Policy tracked.
The groups estimate the losses since January have also cost 10,000 new clean energy jobs.
The tax credits, bolstered in the landmark climate bill passed under former President Joe Biden in 2022, are crucial for boosting renewable technologies key to the clean energy transition. E2 estimates that $132 billion in plans have been announced since the so-called Inflation Reduction Act passed, not counting the cancellations.
Last week's House bill effectively renders moot many of the law's incentives. Advocacy groups decried the potential impact that could have on the industry after the multitrillion-dollar tax breaks package passed.
"The House's plan coupled with the administration's focus on stomping out clean energy and returning us to a country powered by coal and gas guzzlers is causing businesses to cancel plans, delay their plans and take their money and jobs to other countries instead," E2 executive director Bob Keefe said.
The Senate is now reviewing the bill with an informal July 4 deadline to get it to the president's desk.
Some of the most recent cancellations include the Kore Power battery factory in Arizona and BorgWarner's closure of two EV manufacturing sites in Michigan. Bosch suspended a $200 million investment in a hydrogen fuel cell factory in South Carolina, citing changes within the market over the past year in a statement to The Associated Press.
Tariffs, inflationary pressures, nascent company struggles and low adoption rates for some technologies may also have been reasons for these companies' plans changing. For instance, the battery storage and electric vehicle sectors have seen the most impact in 2025, with the latter especially having had had a difficult past few years. Several projects spurred by the IRA were also canceled prior to 2025.
Of the projects canceled this year, most — more than $12 billion worth — came in Republican-led states and congressional districts, the analysis said. Red districts have benefited more than blue ones from an influx of clean energy development and jobs, experts say.
Georgia and Tennessee are particularly at risk because they are highly invested in EV and battery production, said Marilyn Brown, an energy policy professor at the Georgia Institute of Technology who was not involved in the analysis.
"If all of a sudden these tax credits are removed, I'm not sure how these ongoing projects are going to continue," said Fengqi You, an engineering professor at Cornell University who also was not involved.
A handful of Republican lawmakers have urged the continuation of energy tax credits, with some saying in an April letter to Senate Majority Leader John Thune, R-S.D. that a repeal could disrupt the American people and weaken the county's position as a global energy leader.
The Trump administration has sought to dismantle much of Biden's environmental and climate-related policy — what he calls the Democrats' "green new scam" — withdrawing again from the Paris climate agreement, rolling back countless landmark pollution regulations and environmental initiatives, reconsidering scientific findings supporting climate action, blocking renewable energy sources and more in an effort to bolster a fossil fuel-led "American energy dominance" agenda.
Meanwhile other countries are proceeding with green investments. The European Parliament is committing to the European Union Carbon Border Adjustment Mechanism, a policy meant to prevent "carbon leakage," or companies moving production to countries where climate policies are less strict. And the International Maritime Organization is moving toward a global carbon tax on shipping.
In a sign that not all hope is lost for the future of renewables in the U.S., April alone saw nearly $500 million in new development, with Japanese manufacturing company Hitachi's energy arm building out transformer manufacturing in Virginia and materials and technology company Corning investing in solar manufacturing in Michigan.
Still, $4.5 billion in development was canceled or delayed last month, according to E2's tally.factory
May 29, 2025
Manufacturing Net
Gm To Invest $888 Million To Upgrade Engine Factory In Western New YorkBuffalo, N.Y. -- General Motors yesterday announced plans to invest $888 million to make new V8 engines at its Tonawanda Propulsion plant in Western New York.
According to New York Governor Kathy Hochul, the project will support 870 jobs at the factory, including 177 jobs that were deemed "at risk." Empire State Development, New York's economic growth corporation, will provide nearly $17 million in performance-based tax credits. The investment includes new state-of-the-art machinery, equipment, tools, and facility upgrades.
GM "has been a major manufacturer and one of the largest employers in Western New York for years," Governor Hochul said. "This impressive project demonstrates how public/private partnerships can help companies like General Motors expand their operations while supporting jobs in Upstate New York."
GM's sixth-generation V8 engines, used in full-size trucks and SUVs, are expected to deliver improved performance with better fuel economy and reduced emissions. The company says new combustion and thermal management developments are key factors driving the improvements.
The project is expected to start this July and be completed sometime in 2027.
GM says the investment will be the single largest the company has ever made in an engine plant, and Tonawanda will become just the second GM propulsion plant to make the new V8 engines. The factory will still make fifth-generation V8 engines while the plant is upgraded.
In January 2023, GM announced a $579 million investment in its Flint Engine plant in Michigan to assemble the company's sixth generation family of small block V8 gas engines along with the related block, crank and head machining.
The Tonawanda facility currently employs nearly 900 workers, with hourly employees represented by UAW 774.
"This enormous investment is exactly what we've been calling for," said UAW Vice President Mike Booth. "Skilled UAW members, like members of UAW Local 774, make GM's profits, so it's great to see the company investing back into its union workforce so we can keep building quality, world-class products."
GM's Tonawanda Propulsion Plant has been in operation for 87 years. The governor's office said GM has invested more than $1.5 billion into its manufacturing operations across the state over the last 15 years.
GM CEO Mary Barra says the latest investment shows the company's commitment to "strengthening American manufacturing and supporting jobs in the U.S."
In a statement, UAW President Shawn Fain said, "It's time for Ford and Stellantis to learn from GM ... GM is showing that it makes good business sense for major corporations to reverse course on the destructive race-to-the-bottom trade policies that have wreaked havoc on workers and destroyed blue-collar towns and cities across America."factory
May 28, 2025