AGP Executive Report
Last update: 2 hours agoMajor Investments: Mars plans a record $1.4 billion for U.S. manufacturing and operations in 2027, while Honda is putting $3 billion into a new Ohio hybrid plant expected to lift U.S. production to about 1.3 million vehicles a year. Factory Activity: U.S. manufacturing added 19,000 jobs in October, and the ISM index showed expansion for a tenth straight month. Regional Growth: Mississippi fabricator Universal Services will invest $4.25 million in new equipment and a 16,000-square-foot facility, creating 25 jobs; Syklea opened its U.S. headquarters and a 110,000-square-foot research lab in Vineland, New Jersey. Industry Shifts: Deere will close or relocate production at two Iowa plants by 2028, citing changing demand and cost pressures. The EPA also removed a wastewater pollution limit for new major-source PVC plants, easing requirements for future facilities.
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