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Five US Manufacturers Announce Over $1.6 Billion in Investments

FreightWaves ·

CARR Carrier Global Corp
$56.24 -0.42%
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BLBD BLBD +1.76%
  1. 1The total investment scale of five manufacturers within US production facilities exceeds $1.6 billion.
  2. 2Hyundai Translead's $600 million investment in two manufacturing facilities in Will County, Illinois, is an increase from the $450 million announced in March.
  3. 3Carrier Global's investment in an advanced manufacturing and engineering center in Fort Worth, Texas, will exceed $600 million over the next three years.

So what's the key point?

Five US manufacturers have decided to spend more than $1.6 billion on building factories. This means Hyundai Translead and Carrier Global are increasing their investments by expanding their facilities.

Source FreightWaves · View original ↗

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