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Hitachi Energy is committing $457 million to expand its South Boston transformer production facility, creating approximately 825 new jobs and building the nation’s largest power transformer manufacturing plant. The move is part of a wider $1 billion investment in U.S. grid infrastructure.
NYSE- and ASX-listed Nova Minerals has expressed approval for US President Donald Trump’s executive order aimed at securing defense supply chains and ensuring the domestic acquisition of critical minerals. This order aligns with Nova Minerals’ efforts to develop a secure US domestic antimony supply chain in Alaska, contributing to the advancement of US critical minerals capacity.
Wistron has opened a new 324,000-square-foot facility in Texas, investing $700 million to produce advanced Nvidia chips. This move will strengthen the U.S.-based artificial intelligence supply chain, potentially impacting American industry and skilled workers.
Nucor reported record steel mills shipments totaling 7.1 million tons in Q2 2026, up 1% sequentially and 10% year-over-year, alongside increased average selling prices.
U.S. Steel’s proposed five-year labor agreement with the union not only offers wage and benefit stability but also provides the essential foundation to unlock Nippon Steel’s $11 billion investment plan.
SteelFab Inc. has announced a $38.92 million expansion of its operations in Florence, S.C., which will result in the creation of 108 jobs. This investment not only signifies growth for the company but also contributes to the strengthening of American industry and the local workforce.
Niron Magnetics and Aspina have signed a supply agreement for rare-earth-free magnets, following the introduction of a congressional bill supporting domestic magnet production. This agreement could have implications for American industry, particularly in the realm of supply chain reshoring and technological advancements in motor technologies.
Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment to expand its semiconductor manufacturing operations in Phoenix, Arizona, adding three new fabrication plants, advanced packaging facilities, and a research center. This marks one of the largest foreign direct investments in U.S. history and aims to create tens of thousands of jobs.
AMG Critical Materials has inaugurated a new $15 million chrome metal production facility in New Castle, Pennsylvania, becoming the sole domestic producer of chrome metal in the United States with an annual capacity of 6,500 tons.
Netherlands-based CNC steel processing machine manufacturer Voortman has made a significant investment in a new production facility in Monee, Illinois, to strengthen its presence in the U.S. market. This move is not only a boost for the company but also creates more than 100 jobs, contributing to American industry and workforce growth.
News on America’s steel, aluminum, and metals industries, including production, investment, supply chains, and the workers powering this essential industrial base.
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