Gelatys Opens New $8 Million Production Facility, Expanding U.S. Manufacturing Capacity and Fueling National Grocery Growth


The #1 Gelato Frozen Novelties Brand in the U.S. Scales Production to Accelerate National Expansion

MIAMI, May 27, 2026 /PRNewswire/ — Gelatys, the #1 gelato frozen novelties brand in the United States and the only manufacturer of frozen gelato novelties in America, announced the opening of a new, state-of-the-art production facility in Fort Myers, FL. With an $8 million investment, the new 30,000+ square-foot facility is operational, signifying a key step in the company’s growth into a national CPG brand.

Gelatys CEO, Adolfo Heller Cohen, in front of the new production facility in Fort Myers, FL

Gelatys CEO, Adolfo Heller Cohen, in front of the new production facility in Fort Myers, FL

Built on a 1.5-acre site, the Fort Myers facility investment represents more than a manufacturing expansion; it’s the operational foundation Gelatys is building to support national grocery growth, fuel differentiated frozen-novelty innovation, and solidify its position as the defining brand in a category it pioneered. The site features next-generation machinery capable of producing in one hour what previously required an entire day. It will scale production to support the national expansion of Mini Gems, Gelatys’ premium, portion-controlled gelato mini pops, and the next generation of premium Italian-style frozen novelty innovation.

“When my family and I moved to Miami, Gelatys began as a dream to bring true artisanal gelato to the U.S. market. We quickly saw a larger opportunity; premium gelato novelties were not being manufactured at scale because of how technically complex they are. That challenge became our innovation story, pushing us to create our own processes, adapt machinery, and build products that did not yet exist in the market,” said Adolfo Joel Heller Cohen, Founder & CEO, Gelatys. “Our new Fort Myers facility isn’t just an expansion, it’s the infrastructure we always knew this brand would need when growing from a local concept into a national brand. We’re the only manufacturer of its kind in the United States, and we built that from scratch. The ambition that started Gelatys hasn’t changed, and looking ahead, we’re just getting started.”

The new facility reflects the full scope of Gelatys’ growth trajectory. Since launching as a two-kiosk mall concept in Miami in 2016, the brand has expanded to 5,000+ locations across 26 states, with a retail footprint that includes Whole Foods Market, Sprouts, Wegmans, H-E-B, Kroger banners including Mariano’s, QFC, Fred Meyer and King Soopers, The Fresh Market, and more.

Besides its manufacturing significance, the Fort Myers facility is creating approximately 75 new jobs in the region, adding to the roughly 50 employees that supported Gelatys’ original Miami facility. This new operation is the production backbone of what Gelatys is building, an American-made frozen gelato novelties brand designed to scale.

For more information about Gelatys and Mini Gems, visit gelatys.com or follow @gelatysusa on Instagram.

Media Contact
Amy Tew
310-351-4332
[email protected]

SOURCE Gelatys



Free Training

Source link

Gelatys Opens New $8 Million Production Facility, Expanding U.S. Manufacturing Capacity and Fueling National Grocery Growth


Gelatys Opens New $8 Million Production Facility, Expanding U.S. Manufacturing Capacity and Fueling National Grocery Growth

The #1 Gelato Frozen Novelties Brand in the U.S. Scales Production to Accelerate National Expansion

MIAMI, May 27, 2026 /PRNewswire/ — Gelatys, the #1 gelato frozen novelties brand in the United States and the only manufacturer of frozen gelato novelties in America, announced the opening of a new, state-of-the-art production facility in Fort Myers, FL. With an $8 million investment, the new 30,000+ square-foot facility is operational, signifying a key step in the company’s growth into a national CPG brand.

Built on a 1.5-acre site, the Fort Myers facility investment represents more than a manufacturing expansion; it’s the operational foundation Gelatys is building to support national grocery growth, fuel differentiated frozen-novelty innovation, and solidify its position as the defining brand in a category it pioneered. The site features next-generation machinery capable of producing in one hour what previously required an entire day. It will scale production to support the national expansion of Mini Gems, Gelatys’ premium, portion-controlled gelato mini pops, and the next generation of premium Italian-style frozen novelty innovation.

“When my family and I moved to Miami, Gelatys began as a dream to bring true artisanal gelato to the U.S. market. We quickly saw a larger opportunity; premium gelato novelties were not being manufactured at scale because of how technically complex they are. That challenge became our innovation story, pushing us to create our own processes, adapt machinery, and build products that did not yet exist in the market,” said Adolfo Joel Heller Cohen, Founder & CEO, Gelatys. “Our new Fort Myers facility isn’t just an expansion, it’s the infrastructure we always knew this brand would need when growing from a local concept into a national brand. We’re the only manufacturer of its kind in the United States, and we built that from scratch. The ambition that started Gelatys hasn’t changed, and looking ahead, we’re just getting started.”

The new facility reflects the full scope of Gelatys’ growth trajectory. Since launching as a two-kiosk mall concept in Miami in 2016, the brand has expanded to 5,000+ locations across 26 states, with a retail footprint that includes Whole Foods Market, Sprouts, Wegmans, H-E-B, Kroger banners including Mariano’s, QFC, Fred Meyer and King Soopers, The Fresh Market, and more.

Besides its manufacturing significance, the Fort Myers facility is creating approximately 75 new jobs in the region, adding to the roughly 50 employees that supported Gelatys’ original Miami facility. This new operation is the production backbone of what Gelatys is building, an American-made frozen gelato novelties brand designed to scale.

For more information about Gelatys and Mini Gems, visit gelatys.com or follow @gelatysusa on Instagram.

Media Contact
Amy Tew
310-351-4332
415099@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/gelatys-opens-new-8-million-production-facility-expanding-us-manufacturing-capacity-and-fueling-national-grocery-growth-302782761.html

SOURCE Gelatys



Free Training

Source link

Novartis Finalizes $23 Billion U.S. Investment Plan with Seventh New Manufacturing Facility


Novartis has reached the final milestone of its $23 billion domestic investment strategy, announcing a seventh new facility in Morrisville, North Carolina. The 56,200-square-foot plant will focus on active pharmaceutical ingredient (API) manufacturing for solid dosage forms and RNA therapeutics. This addition completes a one-year expansion cycle aimed at establishing a fully autonomous, end-to-end supply chain within the United States. By localized production, the Swiss drugmaker seeks to insulate its American patient base from global logistics volatility and potential pharmaceutical import tariffs.

The expansion marks the first time in Novartis’ history that all its advanced technology platforms—including radioligand, cell and gene therapies, and small molecules—will be manufactured domestically. Over the past 12 months, the firm has broken ground on research centers in San Diego and flagship hubs in the Research Triangle, while also building a coast-to-coast radioligand therapy (RLT) network with new sites in Texas, Florida, and California. CEO Vas Narasimhan noted that the connected footprint allows the firm to “locally develop, produce, and deliver medicines at scale.”This surge in infrastructure is designed to provide “timely access to innovation for patients in the U.S.”

Since launching the initiative in April 2025, Novartis has committed to manufacturing all its key medicines for U.S. patients within the country. The Morrisville site specifically complements existing North Carolina facilities focused on biologics and sterile packaging, creating a regional hub for oncology, immunology, and cardiovascular treatments. This infrastructure push coincides with a broader industry shift toward regionalized manufacturing as a hedge against geopolitical uncertainty. As the company nears full operational status for its new sites, it remains on track to integrate discovery and production more tightly than ever before across its 10-site U.S. network.

Read more

Free Training

Source link

CEP USA Opens First U.S. Manufacturing Facility In North Little Rock Arkansas


CEP USA has officially opened its first United States manufacturing facility in North Little Rock, bringing new investment and jobs to Central Arkansas. The company is investing nearly $1 million into the new operation and expects to create approximately 27 jobs over the next 5 years.

Company leaders joined state and local officials Tuesday for the grand opening ceremony at the new facility located at 9401 Diamond Drive in North Little Rock. The project was developed through a partnership involving the Arkansas Economic Development Commission and the Little Rock Regional Chamber.

CEP is an Italian company specializing in the design, construction, and turnkey delivery of prefabricated electrical substations with operations in more than 80 countries. Company officials say Arkansas was selected because of its strategic location, business environment, and partnerships with SMA Solar and Mountain Ridge Energy Service of Conway.

The facility will manufacture medium-voltage power station platforms and related electrical equipment for utility-scale energy projects across the United States.

Governor Sarah Huckabee Sanders praised the company’s investment, saying Arkansas provides a strong workforce and business-friendly climate for international manufacturers. North Little Rock Mayor Terry Hartwick also welcomed CEP USA, saying the company’s arrival strengthens the city’s growing reputation for innovation and advanced manufacturing.

 

News Staff

Free Training

Source link

Shoals Technologies Group, Inc. Opens New Mega Facility in Portland, Tennessee, Reinforcing American Manufacturing and Energy Supply Chain



News Summary:


  • Shoals Technologies Group, Inc. opened its new 638,000-square-foot Mega Facility in Portland, Tennessee, bac


    ked by a $30 million investment.

  • The new campus expands domestic U.S. manufacturing capacity and strengthens the American supply chain to meet growing demand for solar, battery energy storage systems (BESS), and data center infrastructure.

  • The milestone also commemorates Shoals’ 30th anniversary and included a $20,000 donati


    on to Hands of Hope to support meals across Portland and Sumner County.

PORTLAND, Tenn., May 19, 2026 (GLOBE NEWSWIRE) —

Shoals Technologies Group, Inc.


(“Shoals”) (NASDAQ: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, announced the grand opening of its new Mega Facility in Portland, Tennessee, marking a major milestone in the company’s continued investment in American manufacturing and the future of energy infrastructure.

Backed by a $30 million investment with a total commitment of up to $80 million over five years, the facility strengthens Shoals’ ability to deliver safe, efficient and reliable power infrastructure solutions across solar power, battery energy storage systems (BESS), and mission-critical facilities, including data centers. This investment comes as the need for resilient, domestically produced electrical infrastructure continues to grow across the United States.

“As demand for energy infrastructure continues to accelerate, this new Mega Facility allows Shoals to scale alongside our customers and meet the needs of a rapidly evolving energy landscape,” said Brandon Moss, chief executive officer at Shoals Technologies Group, Inc. “By expanding our domestic manufacturing footprint and bringing increased capacity, we are strengthening the American energy supply chain and enabling faster, more efficient energy deployment.”

Located at 1500 Shoals Way, the new 638,000-square-foot, state-of-the-art manufacturing campus consolidates Shoals’ three existing Tennessee facilities into one centralized location, significantly expanding production capacity, increasing automation in production and packaging, and leveraging operational efficiencies to support increasing demand across the energy sector.

The opening of the Mega Facility also coincides with Shoals’ 30th anniversary, celebrating three decades of innovation. On May 18, Shoals marked both milestones with a ribbon-cutting ceremony for its new Mega Facility and a $20,000 donation to Hands of Hope, helping provide meals to residents in Portland and across Sumner County. The donation underscores Shoals’ ongoing commitment to supporting the community that has played an important role in the company’s success over the past 30 years.

“Shoals’ 30th anniversary is a moment to celebrate both our company’s success and the people and communities who have helped make it possible,” said Mr. Moss. “The opening of our new Mega Facility is an investment in the future of energy infrastructure and a commitment to the Portland community, creating jobs and supporting local families through our donation to Hands of Hope as we look ahead to our next chapter of growth.”

For more information, visit:

www.shoals.com


.


About Shoals Technologies Group, Inc.



Shoals Technologies Group is a leading manufacturer of advanced electrical infrastructure solutions for mission-critical applications across utility‑scale solar, battery storage, and data center power systems. Since its founding in 1996, the Company has designed innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability at scale. Shoals Technologies Group is a recognized leader in the energy transition industry. For additional information, please visit:


https://www.shoals.com




.


MEDIA CONTACTS


Lindsey Williams

[email protected]

Kelly Nguyen

[email protected]



609-385-6701

Photos accompanying this announcement are available at


https://www.globenewswire.com/NewsRoom/AttachmentNg/11d9500b-0f99-40f8-b6fe-645ec168a555



https://www.globenewswire.com/NewsRoom/AttachmentNg/649e52d0-f9d8-45bb-9dc7-df495b8b3d37



https://www.globenewswire.com/NewsRoom/AttachmentNg/775e9125-7d3c-450a-8948-272e7dcaa58c

Free Training

Source link

Novartis Begins Construction on Denton, Texas Radioligand Therapy Facility


Novartis Breaks Ground on Texas Radioligand Therapy Facility as Part of $23 Billion U.S. Expansion

Novartis has officially begun construction on a new radioligand therapy manufacturing facility in Denton, Texas, marking another major step in the pharmaceutical company’s multibillion-dollar expansion of its U.S. manufacturing and research operations.

Courtesy: photo by Furkan on pexels

The 46,000-square-foot facility will serve as Novartis’ first manufacturing site in Texas and its fifth radioligand therapy, or RLT, production site in the United States. The project is part of the company’s broader $23 billion investment strategy aimed at strengthening domestic pharmaceutical manufacturing and supply chain operations over the next five years.

Company officials said the Denton facility is expected to become operational in 2028 and will support the production of targeted cancer therapies for patients across the southern United States.

“Radioligand therapy is transforming how we treat cancer, and expanded manufacturing is essential to delivering these therapies at scale,” said Vas Narasimhan, CEO of Novartis. “Breaking ground in Denton further strengthens our US supply chain and helps ensure patients can receive these highly personalized treatments when and where they need them.”

Denton Facility Expands National Manufacturing Network

The groundbreaking ceremony included federal, state and local officials, including U.S. Under Secretary of Commerce for Industry and Security Jeffrey Kessler, Swiss Ambassador to the U.S. Ralf Heckner, Texas State Sen. Brent Hagenbuch, Texas State Rep. Andy Hopper and Denton Mayor Gerard Hudspeth.

The new facility will support Novartis’ expanding radioligand therapy network, which already includes sites in New Jersey, Indiana and California, along with another facility planned for Florida.

According to the company, radioligand therapy manufacturing requires highly specialized production and logistics coordination because treatments are customized for individual patients and delivered within narrow treatment windows. Novartis said its current network allows more than 99% of doses to be administered on the scheduled treatment day.

The company also expects the Denton project to generate new jobs in bioengineering, manufacturing, quality assurance and operations, contributing to regional economic development in North Texas.

“I’m pleased to welcome Novartis to Denton as their newest manufacturing location for their cancer therapies,” said Texas State Senator Brent Hagenbuch. “Their decision establishes a strong partnership and reflects the unique opportunity Denton provides to a well-educated workforce, and the unique access the new plant location will provide to the vibrant North Texas economy and rapidly growing state population.”

Construction Pipeline Includes Multiple U.S. Projects

The Texas project is one of several major construction and expansion initiatives currently underway as part of Novartis’ nationwide investment program.

In recent months, the company announced or began work on projects in North Carolina, California and Florida, including a biomedical research center in San Diego and a new manufacturing facility in Winter Park, Florida. The company also continues to expand existing RLT operations in Indianapolis and Millburn, New Jersey.

Novartis said the ongoing investments are intended to support domestic manufacturing of key medicines while improving supply chain resilience and treatment access.

Radioligand therapy has become a growing area of focus for pharmaceutical manufacturers because the technology targets cancer cells with radioactive compounds designed to minimize damage to surrounding healthy tissue. Novartis said it is currently studying the use of RLTs for several forms of cancer, including prostate, breast, lung, colon, pancreatic and brain cancers.

The company described its U.S. expansion as part of a long-term strategy to scale manufacturing capacity alongside the continued development of its oncology pipeline and emerging treatment technologies.

Originally reported by Novartis Pharma AG in Yahoo Finance.

Free Training

Source link

WATCH: Vance speaks at a manufacturing facility in key election state Iowa


DES MOINES, Iowa (AP) — Vice President JD Vance, making his first trip to Iowa since taking office, promoted the administration’s tax and tariff policies while framing the GOP as being on the side of working-class voters as he campaigned in the state where Republicans in less than two years will cast the initial votes to pick their party’s next presidential nominee.

Watch Vance’s remarks in the video player above.

Standing before hundreds of supporters at a steel manufacturing facility, Vance repeatedly drew a contrast between Iowa Republican Rep. Zach Nunn and his Democratic challenger, telling the crowd that Nunn and the Trump administration were “fighting for you instead of fighting against you” as he attacked Democrats on issues of immigration and fraud.

READ MORE: What to watch in Tuesday’s elections in Indiana, Ohio and Michigan

“This is not a normal election. This is not a normal political environment,” said Vance, who is seen as one of the GOP’s strongest potential candidates for president in 2028. “This is a contest between a party that wants to take all of your money and give it to illegal aliens and a contest between gentlemen like Zach Nunn who fight every single day for you.”+

Nunn faces a competitive race to keep his Des Moines-area seat in the November midterms. Vance frequently heaped praise on Nunn, calling him “one of those guys who does the right thing, not just when the cameras are on, but when the cameras are off, too.”

The visit to Iowa offered Vance an opportunity to test his reception before Iowa’s voters, whose leadoff caucuses give them an outsize role in determining the next presidential nominee. Campaigning for a local congressman in his role as vice president provided him with a chance to make an impression on Iowa Republicans, seasoned evaluators of those who seek the nation’s highest office, before the campaign begins in earnest.

Vance’s appearance comes days after Texas Sen. Ted Cruz, who is also considered a possible 2028 candidate, spoke to a group of evangelical Christians who are influential in Iowa’s GOP contest.

READ MORE: Trump’s influence tested in Indiana primaries after failed redistricting push

Jimmy Centers, a Des Moines-based Republican political consultant, said that the 2028 contest is “light-years away” but that the Republicans who hear Vance speak on Tuesday will be evaluating how he might measure up in an election for the White House.

“I certainly think, as of right now, Vice President Vance would probably be a straw-poll winner of Iowa Republicans for 2028. But I don’t think anyone is saying, ‘We won’t consider anybody else,'” Centers said.

Vance’s visit comes as higher prices for gas and fertilizer hit Iowans

Vance, who has not said whether he will run for president in 2028, appeared with Nunn at Ex-Guard Industries in Des Moines.

The vice president’s visit follows a trip Trump made in January to tout the administration’s tax cuts, part of a string of stops they’re making this year on economic issues before midterm elections that will determine control of Congress.

READ MORE: Trump’s influence tested in Indiana primaries after failed redistricting push

But Vance’s visit comes when his own political prospects — and the message he delivered on the economy — have been complicated by the war in Iran.

The vice president, who has long been skeptical of foreign military interventions, has seemed a reluctant defender of the 9-week-old war, for which Trump has struggled to find an off-ramp. Iowans, like much of the rest of the country, are grappling with higher gas prices because of the conflict. But the state’s farmers are also feeling the pinch of high fertilizer costs from the war and have been hurt by tariffs Trump has imposed.

Vance made a nod to those cost struggles in his remarks, saying that he’s aware of the rising price of fertilizer and noted: “We got a little blip.” Nonetheless, he said the administration is “working on it.”

While Iowa’s farmers have steadfastly supported the president, they have been looking to the White House for assurances that the current troubles won’t last.

Vance, who met with Iowa Gold Star families just before his public remarks, also became emotional as he discussed the sacrifices made by fallen U.S. soldiers and their families. He talked about wondering how he would react if his 6-year-old son, Vivek, who accompanied him Tuesday, told him later in life that he wanted to enlist, saying he would be “so proud of him” but also “so terrified.”

“Every time that a person gives the ultimate sacrifice to the United States of America … there’s a whole crew of people who love them the same way that we all love every single member of our family,” he said, adding that “part of how we earn that incredible sacrifice” is “by making this country’s politics and government worthy of the people who put on the uniform and will never see their loved ones again.”

Earlier Tuesday, Vance, who represented Ohio in the U.S. Senate before becoming vice president, stopped first in Cincinnati to vote in Ohio’s primary elections and told reporters he was voting for Vivek Ramaswamy in the governor’s race. Asked about U.S. Sen. Jon Husted, who’s running in a special election to serve out the remainder of Vance’s term, Vance said he thinks Husted’s “going to do a great job” and has been “good for Ohio.”

His 6-year-old son, meanwhile, filled out a ballot for children, which the vice president showed to the poll workers when he cast his own ballot. “He voted for the Easter bunny over the tooth fairy,” he said of his son.

Before arriving in Iowa, Vance also appeared in Oklahoma City to hold a fundraiser in his role as finance chair of the Republican National Committee.

It’s ‘awfully, awfully early’ in the road to 2028

Kim Schmett, a longtime Iowa GOP activist, said the presidential cycle starts “deceptively slow.”

He said Trump’s Make America Great Again political movement “is very alive and going here” in Iowa, which would benefit Vance — as well as Secretary of State Marco Rubio, who is also thought to be a potential candidate.

“I think there’s going to be a lot of MAGA support,” he said. “And Vice President Vance and Marco Rubio seem to be the recipients of where that is going at the moment.”

But Schmett cautioned, “It’s awfully, awfully early in the process.”

On the Democratic side, at least half a dozen presidential prospects have been making visits to the states with the earliest presidential primary contests, including recent visits to Iowa by former Transportation Secretary Pete Buttigieg and Michigan U.S. Sen. Elissa Slotkin.

Meanwhile, potential Republican presidential candidates “are treading very lightly,” said GOP strategist Alex Conant, who worked on Rubio’s 2016 presidential campaign.

“I think Republicans are going to be very reluctant to get in Trump’s way until Trump gives the green light for the campaign to start,” Conant said.

That means much of the groundwork to meet with donors or activists or recruit political staffers might happen slowly and subtly – for now.

After the midterms? Conant said: “It’ll be irresistible.”

Associated Press writer Seung Min Kim contributed to this report from Washington.

A free press is a cornerstone of a healthy democracy.

Support trusted journalism and civil dialogue.


Donate now

Free Training

Source link

Novartis finalizes US manufacturing and R&D expansion plan with seventh new facility


Real-time Estimate


Cboe Europe



07:06:01 2026-04-30 am EDT

5-day change

1st Jan Change

115.28 CHF

+1.71%

Intraday chart for Novartis AG

-1.12%

+4.91%

Published on 04/30/2026
at 07:00 am EDT

Dow Jones

(MORE TO FOLLOW) Dow Jones Newswires

April 30, 2026 07:00 ET (11:00 GMT)

Dow Jones logo
© Dow Jones –
2026

DurationAuto.2 months3 months6 months9 months1 year2 years5 years10 yearsMax.

PeriodDayWeek

Chart Novartis AGLogo Novartis AG
Novartis AG is one of the world’s leaders in the design, manufacturing, and marketing of pharmaceutical products. Net sales break down by therapeutic area as follows:

– oncology (30.9%);

– immunology (18.9%);

– cardiovascular, renal and metabolic diseases (16.4%);

– neuroscience (11%).

The remaining net sales (22.8%) are from contract manufacturing of pharmaceutical products.

At the end of 2025, Novartis AG had over 31 production sites worldwide.

Net sales are distributed geographically as follows: Switzerland (2.6%), Europe (28.1%), the United States (42.8%), Asia/Africa/Australasia (19.8%), Canada and Latin America (6.7%).

Trader

Trader

This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

Investor

Investor

This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

Global

Global

This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.

Quality

Quality

This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.

ESG MSCI

ESG MSCI

The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.

SellConsensusBuy

Last Close Price

143.45USD

Average target price

153.80USD

Spread / Average Target

+7.21%

Quarterly revenue – Rate of surprise

Indices
Europe

America

Asia

Download from Apple Store

OUR EXPERTS ARE HERE FOR YOU

Monday – Friday 9am-12pm / 2pm-6pm GMT + 1

MarketScreener, Stock Market Live
Legal information
|
Cookie settings
|
MarketScreener Blog
|
About us
|
Copyright © 2026 Surperformance SAS. All rights reserved.

Stock quotes are provided by Factset, Morningstar and S&P Capital IQ

Select your edition

All financial news and data tailored to specific country editions

Free Training

Source link

WesPro JCB Celebrates Grand Opening of Its Second Atlanta Area Facility : CEG


Cutting the ribbon on the new store (L-R) are Gareth Lumsdaine, vice president of distribution development, JCB North America; Graeme Macdonald, CEO, JCB; Wesley Scott, owner, WesPro JCB; and Richard Fox-Marrs, president and CEO, JCB North America.

JCB photo

Cutting the ribbon on the new store (L-R) are Gareth Lumsdaine, vice president of distribution development, JCB North America; Graeme Macdonald, CEO, JCB; Wesley Scott, owner, WesPro JCB; and Richard Fox-Marrs, president and CEO, JCB North America.

WesPro JCB celebrated the grand opening of its new Norcross, Ga., facility, its second in the Atlanta area, marking a significant milestone in its continued growth and expansion across the Southeast.

The event welcomed customers, local officials and industry partners to officially open the 14,000-sq.-ft. site, designed to enhance sales experience, parts availability, service capabilities and overall support for construction and agricultural customers across metro Atlanta.

The $14 million facility, located at 5493 Goshen Springs Rd., represents the latest investment in JCB‘s expanding American network, strengthening support for customers and dealers in key United States markets.

“Our investment in facilities like WesPro JCB and our $1 billion Texas facility reflects our commitment to manufacturing in the United States and supporting American industry,” said Graeme Macdonald, CEO of JCB. “We are investing at scale to build a stronger American business that delivers equipment, supports our dealers and serves customers across construction and agriculture.”

Expanding Capabilities to Support Customers

The Norcross facility, situated on a 3-acre site along Interstate 85, is designed to improve uptime and service responsiveness for customers across the region. Strategically located along one of metro Atlanta’s busiest transportation corridors, it enhances accessibility and enables quicker response to customer needs.

The site includes a 2,000-sq.-ft. parts warehouse, 10 service bays and the capability to repair the largest JCB excavators and machinery, supporting faster diagnostics, more efficient repairs and reduced downtime.

“Our commitment to manufacturing in America for American customers goes hand in hand with investing in the facilities and dealer network that support our equipment throughout its lifecycle,” said Richard Fox-Marrs, president and CEO of JCB North America. “Facilities like WesPro’s Norcross location ensure we are delivering the service, parts availability and expertise our customers rely on long after the initial purchase.”

Expanding Presence in Key Markets

The Norcross facility is part of JCB’s expanding presence across the United States, alongside continued investment in manufacturing and dealer development in key markets. In addition to its new factory in San Antonio, Texas, JCB has established a growing dealer and warehousing presence in north Texas, southern California and Chicago, with plans for future expansion in major metropolitan areas.

“JCB has deep roots in Georgia, and WesPro is proud to be the newest branch of that continued growth,” said Wesley Scott, owner of WesPro JCB. “This investment strengthens our ability to support our customers with the sales, service and expertise they depend on every day.”

For more information, visit wesprojcb.com.

Free Training

Source link

Taiwanese Battery Manufacturer Selects Liberal for New U.S. Facility


TOPEKA – The Kansas Department of Commerce today announced Apogee Power, a Taiwan-based energy technology and advanced battery manufacturer, has selected Liberal as the location for its new U.S. manufacturing and assembly facility. The company will invest almost $16 million over the next three to five years and create 80 new jobs.

“In Kansas, we have a strong advanced battery ecosystem, talented workforce and central location that companies from around the world are eagerly looking to access,” Lieutenant Governor and Secretary of Commerce David Toland said. “Apogee’s decision to expand their work into Liberal highlights the strength of our rural communities and Kansas’ ability to compete on a global scale.”

The facility, located in Liberal’s industrial corridor, will support the assembly, testing and distribution of Apogee’s lithium iron phosphate (LFP) battery systems and related energy storage technologies for commercial, industrial and grid-scale applications across the United States. The company anticipates hiring 30 employees in the initial phase — with additional positions coming online as production ramps up.

Apogee is currently preparing the Liberal facility for production and expects to begin operations this summer. The facility represents Apogee’s first U.S. manufacturing presence and reflects their long-term commitment to serving customers from a centralized and cost-competitive location.

Apogee Power CEO Wen Lin, Apogee Energy CEO George Shen and other stakeholders were in Topeka recently to discuss the company’s investment and their desire to recruit additional suppliers from Taiwan to the Liberal area and other possible locations in Kansas. This followed a trade mission to Taiwan in September 2025, when Lieutenant Governor and Secretary of Commerce David Toland and other state and local officials visited Apogee Power’s headquarters in Taipei to meet their team and finalize the project details.

“Establishing a U.S. manufacturing footprint is a critical step in Apogee’s global growth strategy,” Apogee Power CEO Wen Lin said. “Liberal offers the infrastructure, workforce and community partnership we were looking for — along with a strong understanding of energy-intensive manufacturing. This location allows us to serve U.S. customers more efficiently while building a durable, long-term presence in the American market.”

Local leaders emphasized the collaborative approach that helped secure the project.

“We’re excited to welcome Apogee to Liberal,” Seward County Development Corporation Executive Director Eli Svaty said. “This investment builds on our region’s strengths in energy, logistics and advanced manufacturing. It also signals that global technology companies see value in smaller, execution-focused communities that can move quickly and deliver.”

Free Training

Source link