ProductionFacility

Micron to Invest $100 Billion to Build Chip Plant in New York

Micron (NASDAQ: MU) is set to spend a max of USD100 Billion throughout the next two decades building a new computer chip factory in upstate New York, according to the New York Times. The move would be the largest single private investment in New York history. Micron shares rose over 3% during premarket trading on …

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Moderna Reaches Agreement with Kenya to Establish its First mRNA Manufacturing Facility in Africa

Moderna (NASDAQ: MRNA) announced Monday that it has established a memorandum of understanding with Kenya to build a covid vaccine manufacturing facility in Africa. The company is building the mRNA plant in Africa with the intention of producing a maximum of 500 million doses of vaccines per year. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”MRNA” api=”yf”] [stock_market_widget …

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Iberdrola and H2 Green Steel to Build $2.6 Billion Green Hydrogen Plant

Iberdrola (OTCMKTS: IBDRY), a Spanish multinational electric utility company, is set to partner with Sweden’s H2 Green Steel to build a hydrogen plant that features an installed capacity of 1,000MW. Similarly, other big-name companies have also taken an interest in the sector. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”IBDRY” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”IBDRY” range=”1mo” interval=”1d” …

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