NOVI, MI—Magna International Inc. plans to spend $48 million on a new headquarters facility here for its seating division. The project is expected to add 164 jobs.
CHICAGO – U.S. auto sales maintained a steady pace of growth in June, and consumers were opening their wallets for more expensive models and upgrades, industry data show.
PALM BAY, FL—Oakridge Global Energy Solutions, a lithium battery manufacturer, is proposing to invest $270 million to build an assembly plant here and create 1,000 new jobs by the end of 2018.
MADISON, WI—Researchers from at the University of Wisconsin-Madison have designed a nanogenerator capable of deriving energy from the friction encountered by a car’s rolling tire.
WASHINGTON—Solid job growth is finally boosting paychecks for the rest of us. Incomes for the bottom 99 percent of American families rose 3.3 percent last year to $47,213, the biggest annual gain in the past 15 years, according to the Washington Center for Equitable Growth.
CHATTANOOGA, TN—Automotive supplier Gestamp will invest $180 million and add more than 500 jobs to triple production capacity at its assembly plant here.
EVANSVILLE, IN—Systems integrator Evana Automation has shipped two lean assembly cells to an automotive electronics manufacturer. The cells include equipment for labeling, screwdriving and connector installation.