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April 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--SK Hynix (Seoul, South Korea) recently said it plans to build a high-dollar semiconductor plant in Indiana, where Industrial Info is tracking $28 billion worth of active and planned Industrial Manufacturing Industry projects. About $13 billion of the spend is attributed to automotive projects, with most of the spend linked to the production of electric vehicle (EV) batteries.

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