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Business & EconomyMarion, Ohio's population grew by leaps and bounds in the latter half of the 20th century, fueled by the engines of American industry. But it hasn't been all prosperity. Now, an effort is underway to revitalize the city.
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Business & EconomyHonda will create a $3.5 billion battery plant in Fayette County while investing another $700 million to “re-tool” its automotive manufacturing for electric vehicles.
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Business & EconomyNews that Ohio may be the site of the new plant comes eight months after the announcement that Intel will build a $20 billion computer chip manufacturing facility in central Ohio.
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The $26 million will be distributed over a five-year period to create the center, which will be known as HAMMER, which stands for "Hybrid Autonomous Manufacturing Moving from Evolution to Revolution."
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A new bio-tech related manufacturing plant in Central Ohio expects to create more than 400 new jobs.
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The United States used to pride itself on being one of the world’s manufacturing leaders. However, after years of domestic manufacturing decline and a global pandemic, can the U.S. regain a foothold in manufacturing and create jobs.
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Brown and his Republican colleague, Rob Portman, both support the $1.2 trillion infrastructure bill
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In Cleveland, President Joe Biden on Thursday argued for increased spending on infrastructure, research and education to lift the U.S. economy as the country recovers from the coronavirus pandemic.
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Business & EconomyFord, Stellantis, and now GM again: Auto makers continue to close plants as they reel from a shortage of chips that poses a critical challenge for the sector.
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A ton of new vehicle start-ups are trying to follow in Tesla's footsteps but a battle between one electric pickup maker and a short seller shows how the heavily hyped industry is also a risky one.