Nigeria Set to Revive the Multi-Billion Dollar Ajaokuta Steel Plant Project
Nigeria’s Minister of Steel Development Shuaibu Abubakar Audu has stated that the Federal Government has reached an advanced stage in … Read more
Sector: Industrial
AESC $1.6 Billion Battery Plant in Florence on Hold Due to Economic Concerns
In a significant development for South Carolina’s electric vehicle (EV) industry, Japanese battery manufacturer AESC has announced a pause in … Read more
GlobalFoundries Commits $16B to Boost U.S Semiconductor Manufacturing
GlobalFoundries, a leading U.S.-based semiconductor manufacturer, has revealed a landmark $16 billion semiconductor manufacturing investment to boost domestic chip production. … Read more
$6.5 Billion Morocco’s Gotion Gigafactory Construction to Commence
Gotion Power Morocco which is a subsidiary of Sino-Europe electric vehicle battery maker Gotion High Tech, is expected to kick … Read more
International Paper Begins Construction on $260M Box Plant in Waterloo, Iowa, Set to Be Largest in U.S.
International Paper has officially started building a new $260 million packaging box plant in Waterloo, Iowa. When finished, the factory … Read more
Egypt Signs $120 Million Deal for the Construction of KIZAD East Port Said Industrial and Logistics Zone
Egypt has signed a $120 million agreement with Abu Dhabi’s AD Ports Group to build KIZAD East Port Said project. … Read more
