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Facility Location Planning: Page 12
Prozo Planning to Add 5M Square Feet of Warehousing Space by 2026
Prozo will invest over Rs 50 crore ($6.11 million) annually over the next three years to expand its warehousing presence in India's Tier-II cities.
TSMC Postpones Starting Production at Its Arizona Factory
The organization said that it will not be able to begin manufacturing chips in 2024, as originally planned, due to a skilled worker shortage.
Tesla Looking to Make Its German Plant Europe’s Biggest Car Factory
If Germany approves the expansion plans, Tesla’s gigafactory will be able to increase its battery storage capacity to 100 gigawatt hours per year from 50 gigawatt hours currently.
Maersk Breaks Ground on Atlanta-Based Air Cargo Hub
The new location offers direct planeside recovery, immediate unit load device (ULD) transfers to the facility and reduced processing fees.
Tata Group to Build Battery Gigafactory in the U.K.
Tata will invest over £4 billion ($5.15 billion) to build the battery cell gigafactory factory, which is expected to create up to 4,000 jobs.
Tesla Interested in Building a Car Factory in India
The factory will reportedly be able to produce 500,000 electric vehicles annually that have a starting price of Rs 20 lakh (about $24,360).
PensionDanmark to Fund $1bn Green Investment at Port of Esbjerg
More than $855 million of the investment will go toward constructing offshore wind turbine production facilities, which will be completed by 2027.
Foxconn Withdraws from $19.5bn Indian Chip Project
Foxconn said that the decision was a “mutual agreement,” but that it is still “confident” about the country’s semiconductor hopes.
Maersk Opens Third Warehousing & Distribution Facility in Dubai
The 13,000 square meter center located in Dubai Industrial City is the United Arab Emirates' first Cold Store facility.
Foxconn Investing $250M to Build Two Factories in Vietnam
A planned $200 million factory will reportedly be finished by January 2025 while construction on a different $46 million plant will be completed by October 2024.
Panasonic Executive Says the Company Needs More Battery Plants
Panasonic “will need to build" about four more factories to achieve a sharp boost in its battery capacity, according to CTO Shoichiro Watanabe.
Element 25 Agrees to Supply GM with Manganese Sulfate
GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.
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