2A USA will invest $32 million to expand its Auburn facility, creating 50 new jobs and increasing production capacity for aluminum components used in the heavy‑truck industry. The company, present in Alabama since 2014 and previously expanded in 2019, continues to strengthen its U.S. growth. A leader in high‑pressure die‑casting, 2A reaffirms its confidence in the local workforce and the North…
The Italian Ambassador to Mexico, Alessandro Modiano, had an institutional meeting with the Governor of San Luis Potosí, Ricardo Gallardo Cardona, in March 2026, to strengthen bilateral cooperation between this Mexican State and Italy. The meeting focused on attracting greater Italian investment to the State and expanding commercial and cultural exchange.Governor Gallardo Cardona highlighted the…
Italy's Tretau will invest over $18 million to open its first facility outside Europe in Fort Wayne, creating at least 70 jobs. The site will produce magnet wire for the EV, renewable energy, and manufacturing sectors. The company, headquartered near Turin, aims to strengthen its presence in the United States
Italy's ADR Axles USA Inc. subsidiary chose Perry, Iowa, for its new $14.3 million U.S. facility, drawn by the area’s quality of life, skilled workforce, and shovel-ready industrial site. The company plans to employ at least 35 people, including relocated managers, and may expand in five years. Perry’s amenities and proximity to Des Moines Area Community College, which trains students in…
Overview:On October 3, 2025, the Canadian government, through Natural Resources Canada, announced an investment of more than $22 million to support eight projects dedicated to battery innovation and manufacturing across the country . The initiative is part of the Energy Innovation program and aims to strengthen Canada's competitiveness in the battery supply chain, which is essential for electric…
Italian cable giant Prysmian is investing $500 million to expand its McKinney, Texas, operations with a 650,000-square-foot medium-voltage cable facility, creating 120 jobs and boosting U.S. energy infrastructure. The plant, expected to open in 2027, will enhance capacity to meet growing electricity demand. Prysmian acquired local firm Encore Wire for $4.1 billion in 2024. Since its founding in…
To support its manufacturing sector and shield local jobs from external trade pressures, the Government of Ontario has announced an expanded investment of $1.3 billion over three years into its Ontario Made Manufacturing Investment Tax Credit. The enhanced program aims to reduce costs for companies investing in buildings, machinery, and equipment for use in Ontario-based manufacturing or…
According to La Cámara Nacional el Hierro y el Acero (Canacero) Mexico ranked 15th as a world producer of crude steel in 2021 and generated 672,000 direct and indirect jobs, with an investment of $14,461 mdd in the last 10 years, that is, from 2012 to 2021.
A total of 18.5 million tons of crude steel were produced in 2021, a figure that represented a reduction of -8.3% compared to the record…
Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner.
During…
He commented that these industries include food, commercial and metal mechanics, among others, which, if their investment in this site is completed, could create between 1,500 and 2,000 direct jobs.
He commented that there is no investment average for these industries, given that they depend on the line of business and the size that their plants require to operate, but minimally they could be…