Project Bulletin: July 22, 2024

Substrate Inc. has not yet disclosed what its exact operations will be but says the operation at the RELLIS campus in Bryan, Texas, will focus on semiconductor manufacturing.

Photo courtesy of Texas A&M University

Texas A&M University’s RELLIS campus, which serves as an education, research and testing institution, is now the recipient of a $10 billion investment from America’s Foundry Bryan. Operating as a subsidiary of California-based design and construction management company Substrate Inc., this investment will feature a semiconductor manufacturing facility on 288 acres. Work will begin this year with an anticipated completion date in 2029, creating 2,000 new jobs. The planned 3-million-sq.-ft. facility will house administrative buildings, central utility buildings, a machine shop and warehousing facilities. Texas was selected over locations in Oregon and New York due to its strategic location to the industry and tax incentives.

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Since 2019, Sanofi’s Hyderabad GCC has become a key medical hub for global operations.

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Over the next six years, a new investment from pharmaceutical manufacturer Sanofi will expand its Global Capacity Center (GCC) in Hyderabad, India. Joining locations in Colombia, Hungary and Malaysia, this GCC facility is the company’s largest globally and is set to create 1,600 new jobs by 2026. “Our ambition is to be the first biopharma company powered by artificial intelligence at scale. From discovery to treatment, we are using AI ethically and safely to get to market faster with our drugs as there’s plenty of unmet needs,” said Sanofi Executive Vice President Chief Digital Officer Emmanuel Frenehard. “We intend to onboard talent at the Hyderabad hub to embrace the power of AI across our value chain to harness the pace of scientific discovery, improve our productivity and place better decision intelligence in the hands of our people.” The $424 million invested by Sanofi will ensure that R&D, manufacturing, IT and corporate talent are in place to handle the company’s growing global operations.

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New investments will help Ford meet rising demand for its F-Series Super Duty pickup truck.

Photo courtesy of Ford Motor Company

Last week, Ford Motor Company unveiled a slew of investments into several of its North American manufacturing facilities. The company’s Oakville Assembly Complex, located in Ontario, Canada, received $2.3 billion to introduce assembly and integrated stamping operations on the site. Planned EV production at the site will instead be focused on assembly of the F-Series Super Duty pickup truck, producing up to 100,000 vehicles per year by 2026. Ford has said it will now push back EV plans to 2027. In the U.S., Ford plans to invest in its Sharonville Transmission Plant in Ohio ($24 million) and its Rawsonville Component Plant ($1 million) and Sterling Axle Plant in Michigan. Funding will go toward overtime compensation and hiring, as these plants will be vital to supplying parts needed for future Super Duty production. Ford’s investment will create 70 new jobs across its Michigan operations.

Reports compiled and written by Alexis Elmore, edited by Adam Bruns