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Syringe manufacturing plant planned in eastern North Carolina will employ 400

A company that makes containers and syringes for vaccines and other medicines will build a new manufacturing plant in eastern North Carolina, creating 400 jobs by the end of the decade, officials announced Monday. German company Schott Pharma’s U.S. operations will begin construction of a production facility in Wilson this year, investing $371 million in […]

Chinese battery firm sues Michigan town for attempt to block proposed plant

A Chinese battery company filed a lawsuit Friday against a Michigan township. try to block The plant proposed by the company is detroit news report. Silicon Valley-based Goshon Corp. plans to invest $2.4 billion to build an electric vehicle battery parts factory in Green Charter Township. The town’s previous board approved the water line needed […]

UAW moves to hold unionization vote at Volkswagen plant in Tennessee

Automotive expert Mike Caudill reacts on “The Bottom Line” to the Treasury Secretary’s assertion that the future of electric vehicles in the United States is very bright. of United Auto Workers Union (UAW) Workers at the Volkswagen assembly plant in Chattanooga, Tennessee, will vote to unionize, the union announced Monday, after the UAW secured a […]

Inside Lockheed Martin’s ‘Hercules’ plant where a crucial piece of American hardware is born

Kevin Mather, director of production operations at Lockheed Martin, discusses the company’s success in the defense sector. As China continues to increase its military spending, US aerospace company Lockheed Martin is focusing on advanced technology. FOX Business went undercover at Lockheed Martin’s Marietta, Georgia, factory, home of the iconic C-130 Hercules. The aircraft has spanned […]

Musk praises German workers during visit to arson-hit Tesla plant: ‘Deutschland rocks!’

Elon Musk visited Tesla’s giant European factory in Grünheide, Germany, on Wednesday. The factory was restarting operations last week after an arson attack on a nearby power transmission tower caused costly power outages and halted production. Tesla’s chief executive, pictured at a factory in Germany, wore a black T-shirt that read, “We are the (giga) […]

Tyson Foods pork plant in Iowa to close for good

Check out what’s being clicked on FoxBusiness.com Tyson Foods announced Monday that it will close its pork plant in Iowa, impacting more than 1,000 jobs. Employees at the Perry facility officially learned of the closure plan on Monday, the Des Moines Register reported. The factory reportedly has more than 1,200 employees. “After careful consideration, we […]

Ukraine Zaporizhzhia nuclear plant safety worsening

The safety of the Russian-owned Zaporizhzhia Nuclear Power Plant (ZNPP) in Ukraine is worsening day by day, Ukraine’s energy minister said on Friday, as the United Nations nuclear watchdog presses Russia to withdraw from the plant. I promised to keep calling. The 35-nation International Atomic Energy Agency’s executive board issued a resolution late Thursday condemning […]

Tesla rival Rivian halts Georgia plant, launches cheaper SUV

Rivian Automotive announced Thursday that it is canceling plans for a $5 billion factory that has yet to be built in Georgia. On the same day, the company launched a budget electric car designed to rival Elon Musk’s Tesla. Production of the next R2 model, an electric midsize SUV that can spin to 60 mph […]

Toyota plant in Missouri launches union drive as UAW aims to expand

About 30 percent of the Toyota engine maker’s auto workers in Missouri have signed a union card, the United Auto Workers (UAW). announced on Wednesdaythe factory became the fourth new union movement to start in the past four months. The plant in Troy, Missouri, outside St. Louis, follows union efforts in recent months at a […]