Fiserv Finds Kansas Fit for Fintech
Wisconsin-based financial services company Fiserv plans to create 2,000 new jobs in Overland Park, Kansas, before the end of the year. In April 2025, Fiserv announced a $175 million investment to renovate two buildings, totaling 427,000 sq. ft., within the city’s Aspiria business campus. The project aims to establish a strategic fintech hub that provides space for collaboration in the Midwest region. “We are thrilled to expand our U.S. footprint, bringing our people together to drive innovation on behalf of our clients,” said Fiserv Chairman and CEO Frank Bisignano. “The Greater Kansas City metro area offers a dynamic environment with a growing population of tech talent, making it the ideal location for Fiserv’s next strategic fintech hub.” The company noted this hub will enable Fiserv to serve its customers more efficiently and adapt faster to market needs, resulting in an estimated $6.5 billion economic impact in the region.
GE Aerospace’s $1 billion commitment to U.S. manufacturing includes over $100 million across its North Carolina operations.
Photo courtesy of GE Aerospace
Billion-Dollar Preparations
GE Aerospace’s $1 billion commitment toward its U.S. manufacturing and supply chain operations led the company to announce a $101 million investment is headed to its North Carolina sites. A funding breakdown includes $52 million in Wilmington for equipment upgrades and expanding production capacity; $20 million toward various equipment needs in Asheville; $16 million for additional equipment for commercial engine assembly in Durham; and $13 million in West Jefferson for an engine parts facility expansion. These projects will enable GE to increase manufacturing capabilities, install new advanced technology and support future industry needs. “We are committed to helping our customers modernize and expand their fleets while scaling technologies that will truly define the future of flight,” said GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. in the official press release. “Together, this will keep the United States at the forefront of aerospace leadership.”
CF Industries will own 40% of the JV, while JERA holds 35% ownership and Mitsui has 25% ownership of the new production facility.
Photo courtesy of Ascension Economic Development Corporation
New JV Captured
Top global ammonia producer CF Industries has partnered with Japan-based energy company JERA Co. and global investment company Mitsui & Co. to pursue a new $4 billion Low-Carbon Ammonia Production facility in Louisiana. The joint venture will construct the new plant at CF Industries’ Blue Point Complex in Ascension Parish, carrying a nameplate capacity of 1.4 million metric tons of low-carbon ammonia per year. “Our joint venture represents tangible progress towards building a reliable and affordable low-carbon ammonia value chain to meet what we expect to be robust global demand for low-carbon ammonia for both traditional and new applications,” said CF Industries President and CEO Tony Will. Carbon removal and sequestration company 1PointFive will be responsible for the transportation of about 2.3 million metric tons of CO2 per year. Construction at the site will begin in 2026, with the facility expected to become operational in 2029.
In northwest Mexico, Fermaca Dreams aims to support local agriculture and digital infrastructure assets.
Photo: Getty Images
Supporting Plan Mexico
In line with sustainable national development goals outlined by Mexico President Claudia Sheinbaum’s “Plan Mexico” initiative, a fresh $3.7 billion investment has been announced in the state of Durango. Holding company Fermaca Dreams will introduce two projects: Fermaca Digital City, a 250-megawatt data center that will power itself with natural gas, and an accompanying green fertilizer plant called Fermachem, which will be constructed in nearby Lerdo. Fermaca Digital City will feature a 99-mile gas pipeline from Texas that will connect to Durango to increase gas availability; a combined-cycle power plant powered by natural gas; and a 1,242-mile fiber-optic line to from the northern border to Querétaro with branches in Durango and Guadalajara. Meanwhile, the fertilizer plant is expected to produce 600,000 tons of urea per year. Combined, both projects will create 350 permanent jobs.
Novartis is going all in on the U.S. market with expansions and fresh facility investments.
Photo courtesy of Novartis
Solid Portfolio Growth Heads Stateside
Switzerland-based pharmaceutical manufacturer Novartis has shared details of a new $23 billion investment across the company’s U.S. operations. As the company aims to boost domestic production of its active pharmaceutical ingredients and biologics drug substance medicines, Novartis will expand 10 current facilities, introduce seven new facilities and create 1,000 new jobs. Work over the next five years will enable Novartis to house a full supply chain in the U.S. in addition to bringing key technology platforms to these facilities. The investment will include expansions in Indianapolis, Indiana; Millburn, New Jersey; Carlsbad, California, and other locations. Novartis also will establish a new $1.1 billion biomedical research innovation hub in San Diego, California, construct four new manufacturing sites (in locations yet to be disclosed) and introduce two radioligand therapy manufacturing facilities in Florida and Texas.
