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Electric Vehicles

Energy Secretary: Georgia now at center of ‘Battery Belt’

Georgia’s clean energy expansion: ‘The industrial Midwest has taken note’ Investment in Georgia’s clean energy sector is garnering national attention “I can

Manufacturing

Hyundai could add hybrid car production to $7.6B Georgia plant

Hyundai Motor Group leaders are re-evaluating whether its forthcoming $7.6 billion factory in Coastal Georgia should only produce electric vehicles or if

Sports Business

Washington Wizards, Capitals make deal to stay in DC after Virginia plan is scrapped

It seemed like a done deal in Virginia — until it wasn’t. The Washington Capitals and Wizards have called off their move

Automotive

Alabama saw $6.4 billion in economic development in 2023, report says

Companies locating and expanding operations in Alabama last year pumped about $6.4 billion into the state’s economy, according to a new report

Automotive

Electric vehicle battery plant to spend $1.5B more, add jobs to South Carolina facility

The company that is building electric vehicle batteries for BMW is pouring an additional $1.5 billion into it planned Florence County operations.

Shipping and Logistics

Port of Va. is already handling cargo diverted from Baltimore

On Tuesday afternoon, workers at the Port of Virginia’s Virginia International Gateway facility in Portsmouth unloaded cargo that had been scheduled for

Energy

Gov. Beshear: $81 Million Federal Grant To Help Build $1.3 Billion Lewis Ridge Pumped Storage Hydropower Facility in Bell County, Creating 1,530 Jobs

FRANKFORT, Ky. (March 21, 2024) – Today, Gov. Andy Beshear joined the U.S. Department of Energy (DOE) to announce that the Lewis Ridge Pumped

Defense

RTX subsidiary lands $118M Army contract

The U.S. Army has finalized a contract potentially worth $118 million with Arlington County-based Raytheon, a subsidiary of RTX, to produce common sensor payloads,

Virginia

Conservative groups sue to stop Dominion’s Virginia wind farm

A nonprofit conservative watchdog group based in Falls Church filed a lawsuit Monday against Dominion Energy, the U.S. Bureau of Ocean Energy

Mergers & Acquistions

Antitrust probe of Nippon’s Alabama assets threatens $14.9 billion US Steel takeover

An antitrust probe by the Department of Justice of Nippon Steel’s assets in Alabama is adding to the pressure on the Japanese

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