WINSTON-SALEM, N.C.—An uncontrolled fire raging at a North Carolina fertilizer plant forced the evacuations of thousands of people as firefighters warned early Tuesday that chemicals at the site could cause a large explosion. Authorities drove through neighborhoods and knocked on doors asking residents to leave within a one-mile radius (1.6 km) of the Weaver Fertilizer…
Fire Erupts Near Chemical Plant; Residents Told to Stay Away
PASSAIC, N.J.—A fire near a New Jersey chemical plant with flames and smoke visible for miles in the night sky spread to multiple buildings in the complex Friday, threatening to reach the plant’s chemical storage area, authorities said. Passaic Mayor Hector Lora told residents in a video posted on Facebook to stay away from the…
Foreign Carmakers Interested in Ford Plant in India: State Minister
CHENNAI—Foreign automakers have indicated an interest to the government of India’s Tamil Nadu state in acquiring Ford Motor Co.’s plant there, the state industries minister said on Thursday, after inconclusive talks with the Tata Group. Ford announced plans to stop production in India in September, as it did not see a path to profitability there….
4 Injured in Fire at Exxon’s Baytown, Texas Plant
Four people were injured when a fire erupted on Thursday at Exxon’s complex in Baytown, Texas, one of the largest refining and petrochemical facilities in the United States. All other personnel were accounted for, Exxon said, adding that its emergency response crews were still working to extinguish the blaze. The Baytown plant houses a chemical…
Tesla Withdraws State Funding Application for German Battery Plant
BERLIN—Tesla has withdrawn its application for state funding for its planned battery factory near Berlin, the electric vehicle maker said on Friday, adding that construction plans were unchanged. The European Union in January approved a plan that included giving state aid to Tesla, BMW, and others to support production of electric vehicle batteries and help…
Volvo Car Considers Opening Third Plant in Europe
BERLIN—Volvo Cars is considering building a third plant in Europe in order to boost its production capacity beyond 1.2 million vehicles per year, a company spokesperson said on Sunday. German autos publication Automobilwoche reported earlier on Sunday that the company was planning on building another European plant by the middle of the decade to meet…
Samsung’s Lee Visits US Ahead of Likely $17 Billion Chip Plant Decision: Media
November 15, 2021
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Asia & PacificBusiness & EconomyBusinesses in COVID-19CanadachipCompanieseconomyJay Y. LeemediaplantSamsungTechTech NewsUSWorld
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SEOUL—Samsung Electronics vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on the company’s planned $17 billion U.S. chip plant. Lee left Seoul on Sunday and his trip to Canada and the United States is expected to coincide with a…
GM to Resume Limited Production at EV Plant in Michigan
October 26, 2021
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Business & EconomyCompaniesEconomieseconomyEVGMlimitedLocal NewsMichiganplantproductionRegional-Local NewsUSUS News
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WASHINGTON—General Motors Co. said Tuesday it will resume limited production for two weeks at its Orion Assembly plant in Michigan, which has been shuttered since August and builds the electric vehicle Chevrolet Bolt. The largest U.S. automaker in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules and…
Tennessee Considering $900 Million Ford Incentive Package
NASHVILLE, Tenn.—Tennessee is poised to spend approximately $900 million of its tax revenues on incentives, infrastructure projects and more under an agreement with Ford Motor Co., which has announced plans to build an electric vehicle and battery plant near Memphis. The sweeping spending package must be approved by the Republican-led General Assembly, which began the…
TSMC Announces Chip Plant in Japan, Flags ‘Tight’ Capacity Throughout 2022
TAIPEI—Taiwan chip giant TSMC announced on Thursday plans to build a new factory in Japan to meet long-term appetite for chips and said, near-term, tight supplies will likely continue into 2022 amid booming demand during the COVID-19 pandemic. TSMC, the world’s largest contract chipmaker and a key supplier to Apple Inc., said it would set…
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