STERIS HEADS TO SANFORD
Ohio-based healthcare company STERIS announced last week that it would be spending $600 million to establish a new facility in North Carolina, Heading into Lee County’s city of Sanford, the company will deliver a new Chemistries Manufacturing Center of Excellence. The forthcoming 600,000-sq.-ft. campus will house manufacturing, R&D, lab, warehouse and distribution activities. Once operational by 2029, the campus will welcome 335 direct jobs. “After extensive analysis of our existing facilities and customer demand, we have decided to make a significant investment in the United States to support our long-term global growth,” said STERIS President and CEO Dan Carestio. “Creating a formulated chemistries Center of Excellence will allow us to accelerate innovation, expand capacity and optimize our U.S. chemistries manufacturing and distribution network.” The company will benefit from the state’s Job Development Investment Grant, which is expected to reimburse STERIS up to $3.21 million over the next 12 years.
Photo courtesy of General Motors
MILLIONS POUR IN FROM GM’S MULTI-BILLION GROWTH STRATEGY
As part of General Motors strategy to strengthen domestic manufacturing and American innovation, over $430 million has been injected into operations in Missouri and Tennessee. In Wentzville, Missouri, GM is investing $157 million into its plant focusing on paint and modernization. This project includes a 28,000-sq.-ft. expansion and refurbishment of the facility’s paint shop, in addition to integrating new paint processing equipment. The goal is to keep the Wentzville location, which currently supports over 4,000 employees, modern and competitive within GM’s domestic portfolio. In Tennessee, the company’s Spring Hill operations will receive $275 million. Of that, $150 million will support assembly of the company’s recently announced Cadillac XT6 model, while $125 million is directed to support the future of its 2.7L engine program. “These announcements are about more than any one program, product or facility,” said GM Senior Vice President of Global Manufacturing Mike Trevorrow. “They show how we’re building flexible, long-term manufacturing sites that can meet today’s demand, support future launches and strengthen our production footprint — while continuing to invest in the people who make it all possible.”
Photo courtesy of SpaceX
SPACEX TRIPLES DOWN ON TEXAS
From establishing SpaceX’s HQ in Starbase to launching a Starlink facility in Bastrop, it’s clear the company’s founder and CEO Elon Musk has a preference for Texas. Last week, Musk announced his company has selected Grimes County for its new $16.8 billion vertically integrated semiconductor fabrication plant. The planned 100-million-sq.-ft. facility will aid in consolidating the semiconductor production chain under one roof to supply SpaceX’s future chip demands, currently projected to be in excess of 1 terawatt of compute. Operations will include manufacturing, packaging and testing of advanced logic and memory devices. The new investment will cover the project’s first phase, which is anticipated to create 3,000 new jobs in the region. “The Terafab is bringing cutting-edge manufacturing to America, creating thousands of high-paying jobs in the Lone Star State, and enabling us to produce AI chips at scale for use on Earth and in space,” said Musk. A $30 million Texas Enterprise Fund grant was announced to support the project.
Reports compiled and written by Alexis Elmore
