Major North Carolina Manufacturing Project Gets Additional Investment

November 2, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) said on Tuesday it plans to invest an additional $8 billion in its electric vehicle (EV) battery-manufacturing plant under construction in North Carolina, where Industrial Info is tracking more than $10 billion worth of Industrial Manufacturing Industry projects that are underway. More than half of the activity is wrapped up in two EV projects and two semiconductor projects.

Other companies featured: Wolfspeed Incorporated (NYSE:WOLF) (Durham, North Carolina), United Parcel Service Incorporated (NYSE:UPS) (UPS) (Atlanta, Georgia)