Taiwan’s Foxlink Group picks Fort Worth for first U.S. AI Factory, bringing 900 jobs to AllianceTexas


When the Taiwanese Foxlink Group sought to establish its first facility in the U.S., the company came to Fort Worth, Texas.

Foxlink Group, a global advanced technology manufacturer, has purchased Alliance Gateway 17 at the burgeoning AllianceTexas, where it will establish a new printed circuit board assembly (PCBA) manufacturing operation expected to create approximately 900 jobs at full capacity. The company celebrated its grand opening Tuesday. 

The company acquired the 147,780-square-foot facility at 4600 Alliance Gateway Freeway as part of an expansion of its U.S. manufacturing footprint.

Production is expected to begin in August.

Foxlink said the facility will be converted into an advanced manufacturing site supporting key phases of its surface mount technology (SMT) and final assembly, testing and packaging (FATP) production processes. The operation will integrate AI-driven robotics and intelligent automation directly on the production floor.

According to the company, the facility is designed for long-term scalability and will serve as a replicable model for Foxlink’s AI Factory deployments across its global manufacturing network.

“The launch of our Texas facility marks a monumental milestone in Foxlink’s steadfast commitment to the U.S. market,” Freddy Kuo, CEO of Foxlink Group, said in a statement. “We are deploying Physical AI directly on the production floor — embedding intelligent automation into every workstation, enabling flexible manufacturing that can be replicated rapidly across our global sites. This is not just a new factory. It is Foxlink’s first AI Factory in the United States, and it will not be the last.”

Founded in 1986, Foxlink Group designs and manufactures high-precision components for technology brands around the world. The company said it is also advancing the use of Physical AI through its subsidiaries — SYNCROBOTIC, UBILINK, and Luminys — which integrate AI-driven robotics, high-performance computing, and intelligent security solutions into its manufacturing operations.

Kuo added that the company’s expansion in Texas reflects its belief that the manufacturing solutions it develops internally can also be deployed for customers around the world.

Foxlink said it selected AllianceTexas because of its strategic location, transportation access, skilled workforce, and proximity to North Texas’ growing advanced manufacturing ecosystem.

Located within Hillwood’s 27,000-acre AllianceTexas development, the site offers access to major regional transportation corridors and infrastructure designed to support large-scale industrial and manufacturing operations.

The project adds to continued advanced manufacturing investment at AllianceTexas, which is home to more than 600 companies, more than 73,000 direct jobs and an estimated $142.9 billion in regional economic impact since 1989.

Foxlink noted that recent investments in the development include AI supercomputing facilities and MP Materials’ rare earth magnet manufacturing campus, which is under construction.

“Foxlink’s decision to establish its new U.S. AI Factory at AllianceTexas reinforces the strength of our platform for advanced manufacturing,” said Jack Barkley, vice president at Hillwood. “This transaction reflects what global manufacturers need — strategic location, infrastructure, workforce access, and connectivity that support speed, scale, and long-term growth.”

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Bmw Group Has Opened Electric Vehicle And Battery Manufacturing Facilities In South Carolina


BMW Group has opened expanded vehicle and battery manufacturing facilities in Spartanburg and Woodruff, South Carolina. The company, which assembles BMW vehicles and produces BMW X models, invested $1.7 billion in its South Carolina operations and said its business activities in the U.S. support more than 120,000 jobs nationwide.

The investment included the expansion of Plant Spartanburg and the construction of Plant Woodruff, creating the foundation for assembling fully electric BMW vehicles in South Carolina. BMW confirmed that the BMW iX5 will be the first fully electric BMW assembled in the United States, with production scheduled to begin at Plant Spartanburg before the end of 2026.

Plant Spartanburg assembled 412,799 BMW X models in 2025, marking the seventh time the facility exceeded 400,000 units of annual production. Since 1994, the plant has assembled more than 7.3 million BMW vehicles, with approximately half of its current production exported to nearly 120 countries.

The new BMW X5 assembled at Plant Spartanburg will become the first vehicle offered with five drivetrain technologies, including internal combustion, battery electric, plug-in hybrid electric, diesel, and soon, fuel cell electric powered by hydrogen. Plant Spartanburg will also become the first facility in BMW Group’s global production network capable of assembling a single vehicle with five different drivetrain technologies on one assembly line.

BMW said the facilities implement the principles of its BMW iFACTORY production concept through smart automation, end-to-end data integration and virtual planning. The plants use digital twins and 3D virtual simulations to optimize processes, while artificial intelligence supports self-correcting robotics, vision-based quality controls, and the AIQX platform, which uses sensors and camera systems to automate quality processes and provide real-time feedback to employees.

Plant Spartanburg is also deploying humanoid robots from Figure AI to support workers in physically demanding and repetitive tasks. At Plant Woodruff, the company is implementing a “Cell-to-Pack” manufacturing approach that assembles battery cells directly into housings without cell coating and cell module production processes.

In a recent quote, Milan Nedeljković, chairman of the board of management, BMW AG, said, “When we announced our investment plans for South Carolina in 2022, we made a clear commitment to the future of the BMW Group in the United States. Today, we are delivering on that commitment. The completion of our investments in Plant Spartanburg and Plant Woodruff demonstrates our confidence in the United States and reinforces South Carolina’s role at the center of BMW Group’s global operations.”

In a recent quote, Dr. Robert Engelhorn, president & CEO, BMW Manufacturing Co., said, “From highly efficient combustion engines and plug-in hybrid systems to battery-electric and future hydrogen-powered vehicles, Plant Spartanburg will be able to assemble a broad range of drivetrain technologies for customers in the U.S. and around the world.”

AmbioPharm to spend $119 million on South Carolina expansionThe peptide manufacturer plans to hire for 202 new jobs at the site.

Red Metals to build new $70 million copper factory in South CarolinaThe company expects to make 45 new jobs there.

USA Rare Earth to build new $1.2 billion magnet plant in South CarolinaThe factory will produce neodymium-iron-boron magnets for use in electrolysis and industry.

Suniva to open new South Carolina solar cell factoryThe $350 million plant is expected to create 564 new jobs.

George Utz. Inc. to spend $40 million on new South Carolina factoryThe Sumter County site will be home to 50 new jobs.

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Supreme Group establishes first U.S. manufacturing facility to strengthen nonwoven materials business


By K. Gopalakrishnan

$25.8 Million Investment in North Carolina to Drive Innovation, Application Development and Customer Collaboration

Supreme Group, one of India’s leading manufacturers of advanced nonwoven materials and engineered textile solutions, has announced a major strategic investment in the United States through its subsidiary, Supreme Nonwoven Inc. The company will invest approximately US$25.8 million to establish its first manufacturing facility in the U.S., marking a significant milestone in its global expansion journey.

Located in Lexington, North Carolina, the new facility will serve as an integrated hub for application engineering, product development, technical collaboration, and manufacturing, enabling the company to strengthen its presence in North America and work more closely with customers across a wide range of industrial and automotive applications.

Amit Kavrie, Managing Director, Supreme Group

The investment underscores Supreme Group’s long-term commitment to the U.S. market and reflects its strategy of bringing advanced material technologies closer to customers while enhancing responsiveness, innovation, and localized manufacturing capabilities.

Building a Stronger Presence in High-Performance Nonwovens

Over nearly four decades, Supreme Group has established a strong reputation in the development and manufacture of advanced nonwoven materials serving diverse sectors including automotive, apparel, filtration, and industrial applications. The company has built a broad technology platform that enables it to transform specialized materials into value-added solutions tailored to customer requirements.

The new manufacturing facility, spanning more than 200,000 square feet, will significantly enhance the company’s ability to collaborate with customers in North America on customized material solutions. By integrating product development, application engineering, and manufacturing under one roof, Supreme aims to accelerate innovation cycles and improve speed-to-market for new products.

According to the company, the facility will play a critical role in strengthening its ability to develop, test, and refine materials closer to their end-use environments.

“Our decision to establish this facility in North Carolina reflects a long-term commitment to serving the U.S. market with locally manufactured nonwoven materials,” said Amit Kavrie, Managing Director, Supreme Group. “We see this as an important step in bringing our material technologies and development capabilities closer to customers in the region while building a foundation for long-term growth.”

Focus on Application Development and Customer-Centric Innovation

A distinguishing feature of the investment is its emphasis on technical collaboration and application-focused innovation. Rather than serving solely as a production facility, the site is being designed as a center where customers and partners can work closely with Supreme’s technical teams to develop customized material solutions for evolving market requirements.

The company believes that proximity to customers will enable a deeper understanding of application challenges while supporting more efficient product trials, validation processes, and commercialization efforts.

In its announcement, Supreme noted that the facility will focus on enhancing performance, consistency, and application relevance across its product portfolio. The local presence is expected to improve alignment with customer requirements and ensure more consistent execution across projects.

“Over time, it will strengthen our ability to develop and trial materials closer to their end use, with a focus on performance, consistency and application relevance,” the company stated.

The investment also reflects Supreme’s intention to establish a stable and scalable manufacturing platform that can evolve in line with future market demand.

Supporting Automotive and Industrial Growth Opportunities

The new U.S. facility is expected to play a key role in serving high-growth sectors such as automotive and industrial manufacturing, where demand for advanced nonwoven materials continues to increase.

As automotive manufacturers seek lighter, more sustainable, and performance-driven material solutions, nonwovens are becoming increasingly important across interior applications, acoustic systems, filtration, insulation, and engineered components. Similarly, industrial markets continue to require specialized nonwoven solutions that combine durability, functionality, and cost efficiency.

By locating closer to major customer bases, Supreme aims to strengthen technical support, improve responsiveness, and create stronger partnerships with OEMs, Tier suppliers, and industrial manufacturers throughout North America.

“Lexington offers us a strong base from which to support customers with responsiveness, technical collaboration, and reliable execution,” said Manoj Swain, Director of International Operations, Supreme Group. “As we build this operation, our focus will be on creating the right competencies locally while also drawing on the broader capabilities of the Group to serve regional customer requirements over time.”

A Strategic Step in Global Expansion

The establishment of the company’s first U.S. manufacturing presence represents far more than a capacity expansion. It reflects Supreme Group’s broader vision of building a globally integrated nonwovens business supported by localized manufacturing, customer collaboration, and innovation-driven growth.

By combining its extensive materials expertise with a strong local presence, the company is positioning itself to serve the evolving needs of North American customers more effectively while strengthening its role in the global nonwovens industry.

As demand for advanced materials continues to grow across automotive, industrial, filtration, and technical textile applications, Supreme Group’s latest investment marks an important step in expanding its international footprint and reinforcing its commitment to delivering high-performance, customer-focused nonwoven solutions worldwide.

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STATS Group Expands North American Operations with New Texas Manufacturing Plant | 2026 – News and Statistics


May 24, 2026

STATS Group has significantly expanded its North American operations, according to a report from OGN/TradeArabia News Service. The company has opened an 80,000-square-foot manufacturing facility in Rosenberg, Texas, marking its first dedicated production site in the United States and representing the largest capital investment in the organization’s history.

Facility and Production

The new site will manufacture pipeline fittings, specifically hot tap and line stop components. It includes a modern machine shop tailored to support STATS Group’s proprietary equipment.

Strategic Goals

The expansion is designed to reduce lead times, enhance product quality, and address increasing customer demand for locally manufactured solutions within the U.S. energy sector. The facility is supported by the company’s existing Houston office, which strengthens STATS Group’s end-to-end service capability across North America.

According to the company, the investment reflects rising demand for faster delivery, greater responsiveness, and improved manufacturing control. STATS Group expects the U.S. manufacturing base to substantially boost service delivery and aligns the move with its broader global growth strategy, which prioritizes local investment, scalability, and closer alignment with client needs.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    3. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition
    PRO

    1. 11.1

      United States

      • Market Size
      • Production
      • Imports
      • Exports
    2. 11.2

      China

      • Market Size
      • Production
      • Imports
      • Exports
    3. 11.3

      Japan

      • Market Size
      • Production
      • Imports
      • Exports
    4. 11.4

      Germany

      • Market Size
      • Production
      • Imports
      • Exports
    5. 11.5

      United Kingdom

      • Market Size
      • Production
      • Imports
      • Exports
    6. 11.6

      France

      • Market Size
      • Production
      • Imports
      • Exports
    7. 11.7

      Brazil

      • Market Size
      • Production
      • Imports
      • Exports
    8. 11.8

      Italy

      • Market Size
      • Production
      • Imports
      • Exports
    9. 11.9

      Russian Federation

      • Market Size
      • Production
      • Imports
      • Exports
    10. 11.10

      India

      • Market Size
      • Production
      • Imports
      • Exports
    11. 11.11

      Canada

      • Market Size
      • Production
      • Imports
      • Exports
    12. 11.12

      Australia

      • Market Size
      • Production
      • Imports
      • Exports
    13. 11.13

      Republic of Korea

      • Market Size
      • Production
      • Imports
      • Exports
    14. 11.14

      Spain

      • Market Size
      • Production
      • Imports
      • Exports
    15. 11.15

      Mexico

      • Market Size
      • Production
      • Imports
      • Exports
    16. 11.16

      Indonesia

      • Market Size
      • Production
      • Imports
      • Exports
    17. 11.17

      Netherlands

      • Market Size
      • Production
      • Imports
      • Exports
    18. 11.18

      Turkey

      • Market Size
      • Production
      • Imports
      • Exports
    19. 11.19

      Saudi Arabia

      • Market Size
      • Production
      • Imports
      • Exports
    20. 11.20

      Switzerland

      • Market Size
      • Production
      • Imports
      • Exports
    21. 11.21

      Sweden

      • Market Size
      • Production
      • Imports
      • Exports
    22. 11.22

      Nigeria

      • Market Size
      • Production
      • Imports
      • Exports
    23. 11.23

      Poland

      • Market Size
      • Production
      • Imports
      • Exports
    24. 11.24

      Belgium

      • Market Size
      • Production
      • Imports
      • Exports
    25. 11.25

      Argentina

      • Market Size
      • Production
      • Imports
      • Exports
    26. 11.26

      Norway

      • Market Size
      • Production
      • Imports
      • Exports
    27. 11.27

      Austria

      • Market Size
      • Production
      • Imports
      • Exports
    28. 11.28

      Thailand

      • Market Size
      • Production
      • Imports
      • Exports
    29. 11.29

      United Arab Emirates

      • Market Size
      • Production
      • Imports
      • Exports
    30. 11.30

      Colombia

      • Market Size
      • Production
      • Imports
      • Exports
    31. 11.31

      Denmark

      • Market Size
      • Production
      • Imports
      • Exports
    32. 11.32

      South Africa

      • Market Size
      • Production
      • Imports
      • Exports
    33. 11.33

      Malaysia

      • Market Size
      • Production
      • Imports
      • Exports
    34. 11.34

      Israel

      • Market Size
      • Production
      • Imports
      • Exports
    35. 11.35

      Singapore

      • Market Size
      • Production
      • Imports
      • Exports
    36. 11.36

      Egypt

      • Market Size
      • Production
      • Imports
      • Exports
    37. 11.37

      Philippines

      • Market Size
      • Production
      • Imports
      • Exports
    38. 11.38

      Finland

      • Market Size
      • Production
      • Imports
      • Exports
    39. 11.39

      Chile

      • Market Size
      • Production
      • Imports
      • Exports
    40. 11.40

      Ireland

      • Market Size
      • Production
      • Imports
      • Exports
    41. 11.41

      Pakistan

      • Market Size
      • Production
      • Imports
      • Exports
    42. 11.42

      Greece

      • Market Size
      • Production
      • Imports
      • Exports
    43. 11.43

      Portugal

      • Market Size
      • Production
      • Imports
      • Exports
    44. 11.44

      Kazakhstan

      • Market Size
      • Production
      • Imports
      • Exports
    45. 11.45

      Algeria

      • Market Size
      • Production
      • Imports
      • Exports
    46. 11.46

      Czech Republic

      • Market Size
      • Production
      • Imports
      • Exports
    47. 11.47

      Qatar

      • Market Size
      • Production
      • Imports
      • Exports
    48. 11.48

      Peru

      • Market Size
      • Production
      • Imports
      • Exports
    49. 11.49

      Romania

      • Market Size
      • Production
      • Imports
      • Exports
    50. 11.50

      Vietnam

      • Market Size
      • Production
      • Imports
      • Exports
  12. LIST OF TABLES

    1. Key Findings In 2025
    2. Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    3. Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
    4. Per Capita Consumption, by Country, 2022–2025
    5. Production, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    6. Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    7. Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    8. Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    9. Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    10. Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    11. Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    2. Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
    3. Consumption, by Country, 2025
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, By Product
    7. Average Per Capita Consumption, By Product
    8. Exports and Growth, By Product
    9. Export Prices and Growth, By Product
    10. Production Volume and Growth
    11. Exports and Growth
    12. Export Prices and Growth
    13. Market Size and Growth
    14. Per Capita Consumption
    15. Imports and Growth
    16. Import Prices
    17. Production, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    18. Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    19. Production, by Country, 2025
    20. Production, In Physical Terms, by Country: Historical Data (2012–2025) and Forecast (2026–2035)
    21. Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    22. Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    23. Imports, In Physical Terms, By Country, 2025
    24. Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    25. Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    26. Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    27. Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    28. Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
    29. Exports, In Physical Terms, By Country, 2025
    30. Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    31. Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    32. Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)

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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

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KULR Technology Group Awarded 5-year Preferred Battery Supply Agreement from Caban Energy; Expands U.S. Manufacturing Footprint


HOUSTON, Jan. 14, 2026 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, hyperscale AI data centers, and telecom infrastructure OEMs, today announced it was awarded a five‑year preferred battery supply agreement from Caban Energy (“Caban”), a Miami-based renewable energy services and technology company delivering flexible solutions for critical infrastructure. The agreement, generating an estimated $30 million in total revenue to KULR starting 2026, further reinforces KULR’s strategy to deliver mission‑critical energy‑storage technologies across digital infrastructure, communications, aerospace, and defense markets, while expanding U.S.‑based manufacturing capacity to support growing customer demand.

No Image

KULR’s expansion into lithium-based battery solutions for digital infrastructure and telecommunications underscores the increasingly central role of advanced energy storage in ensuring continuous, mission-critical network operations. In telecom environments, batteries serve as the primary line of defense against grid interruptions – preserving network availability, minimizing service outages, and sustaining communications during emergency conditions as expectations for uptime and resilience continue to rise. By integrating telecom-focused battery solutions into its portfolio, KULR is aligning its technology platform with the evolving requirements of digital infrastructure operators who require reliable, high-performance backup power to support 5G rollouts and long-term network scalability.

As part of the agreement, the Company took over Caban’s Plano, Texas‑based manufacturing assets, strengthening KULR’s domestic production footprint and accelerating its expansion into communications, fiber, and data‑center energy‑storage markets across the United States.

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“This supplier award and the addition of manufacturing assets are timely and important steps as we continue to scale into fast‑growing global markets,” said Michael Mo, Chief Executive Officer of KULR Technology Group. “By centralizing and integrating these capabilities into our U.S. manufacturing operations, we expect to increase development and production throughput and deliver high‑reliability energy systems at the scale required by our customers.”

Caban focuses on decarbonizing energy for critical infrastructure, including telecommunications networks and other mission‑critical facilities. A core component of Caban’s commercial model is Energy‑as‑a‑Service (EaaS), through which the company installs, operates, and owns renewable energy infrastructure while customers pay a predictable monthly fee without upfront capital expenditure. Caban’s EaaS offerings are designed to lower operating costs, reduce carbon footprint, eliminate risk exposure, and improve the reliability and predictability of energy supply. The company has experienced strong momentum in recent years, forging key partnerships and securing long-term contracts with some of the largest telecommunications companies in the world, including a new project with Digicel announced earlier this year. Its solutions have been successfully deployed across 12 countries, enabling businesses to enhance their energy resilience while meeting ambitious sustainability goals.

About KULR Technology Group, Inc.

KULR Technology Group, Inc. (NYSE American: KULR) is an energy-management and reliability platform company delivering certifiable battery safety, vibration-mitigation, and thermal control solutions that enable ultra-high-power lithium-ion systems and sensitive electronics to operate reliably across space and defense missions, hyperscale AI data centers, telecom infrastructure and mobility applications.

About Caban

Caban, founded in 2018, set out to tackle the challenge of decarbonizing one of the most fossil fuel-dependent industries. Initially focused on providing alternative energy solutions for the telecommunications industry in the Americas, the company has demonstrated success in supplying energy to several of the world’s largest telecom operators. Building on this momentum, Caban has scaled globally and expanded its reach to support clean energy needs across critical infrastructure sectors worldwide. Caban uniquely combines service, hardware, software, and finance tools to deliver reliable, clean power and boosts your bottom line. This turnkey approach allows clients to work directly with one trusted partner to achieve reliability and decarbonization across their operations.

For more information, visit www.cabanenergy.com.

Find KULR: Website | X | Telegram | LinkedIn | Instagram | TikTok | Facebook

Safe Harbor Statement

This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2025, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely based on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Investor Relations:

KULR Technology Group, Inc.

Phone: 858-866-8478 x 847

Email: [email protected]

KULR Media Relations:

M Group Strategic Communications (on behalf of KULR)

Email: [email protected]

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/0b2da4ec-b5ec-46a6-8af2-19f9fac9a770

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KULR Technology Group Awarded 5-year Preferred Battery Supply Agreement from Caban Energy; Expands U.S. Manufacturing Footprint


HOUSTON, Jan. 14, 2026 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, hyperscale AI data centers, and telecom infrastructure OEMs, today announced it was awarded a five‑year preferred battery supply agreement from Caban Energy (“Caban”), a Miami-based renewable energy services and technology company delivering flexible solutions for critical infrastructure. The agreement, generating an estimated $30 million in total revenue to KULR starting 2026, further reinforces KULR’s strategy to deliver mission‑critical energy‑storage technologies across digital infrastructure, communications, aerospace, and defense markets, while expanding U.S.‑based manufacturing capacity to support growing customer demand.

KULR Caban Lockout

KULR’s expansion into lithium-based battery solutions for digital infrastructure and telecommunications underscores the increasingly central role of advanced energy storage in ensuring continuous, mission-critical network operations. In telecom environments, batteries serve as the primary line of defense against grid interruptions – preserving network availability, minimizing service outages, and sustaining communications during emergency conditions as expectations for uptime and resilience continue to rise. By integrating telecom-focused battery solutions into its portfolio, KULR is aligning its technology platform with the evolving requirements of digital infrastructure operators who require reliable, high-performance backup power to support 5G rollouts and long-term network scalability.

As part of the agreement, the Company took over Caban’s Plano, Texas‑based manufacturing assets, strengthening KULR’s domestic production footprint and accelerating its expansion into communications, fiber, and data‑center energy‑storage markets across the United States.

“This supplier award and the addition of manufacturing assets are timely and important steps as we continue to scale into fast‑growing global markets,” said Michael Mo, Chief Executive Officer of KULR Technology Group. “By centralizing and integrating these capabilities into our U.S. manufacturing operations, we expect to increase development and production throughput and deliver high‑reliability energy systems at the scale required by our customers.”

Caban focuses on decarbonizing energy for critical infrastructure, including telecommunications networks and other mission‑critical facilities. A core component of Caban’s commercial model is Energy‑as‑a‑Service (EaaS), through which the company installs, operates, and owns renewable energy infrastructure while customers pay a predictable monthly fee without upfront capital expenditure. Caban’s EaaS offerings are designed to lower operating costs, reduce carbon footprint, eliminate risk exposure, and improve the reliability and predictability of energy supply. The company has experienced strong momentum in recent years, forging key partnerships and securing long-term contracts with some of the largest telecommunications companies in the world, including a new project with Digicel announced earlier this year. Its solutions have been successfully deployed across 12 countries, enabling businesses to enhance their energy resilience while meeting ambitious sustainability goals.

About KULR Technology Group, Inc.
KULR Technology Group, Inc. (NYSE American: KULR) is an energy-management and reliability platform company delivering certifiable battery safety, vibration-mitigation, and thermal control solutions that enable ultra-high-power lithium-ion systems and sensitive electronics to operate reliably across space and defense missions, hyperscale AI data centers, telecom infrastructure and mobility applications.

About Caban
Caban, founded in 2018, set out to tackle the challenge of decarbonizing one of the most fossil fuel-dependent industries. Initially focused on providing alternative energy solutions for the telecommunications industry in the Americas, the company has demonstrated success in supplying energy to several of the world’s largest telecom operators. Building on this momentum, Caban has scaled globally and expanded its reach to support clean energy needs across critical infrastructure sectors worldwide. Caban uniquely combines service, hardware, software, and finance tools to deliver reliable, clean power and boosts your bottom line. This turnkey approach allows clients to work directly with one trusted partner to achieve reliability and decarbonization across their operations.

For more information, visit www.cabanenergy.com.

Find KULR: Website | X | Telegram | LinkedIn | Instagram | TikTok | Facebook

Safe Harbor Statement
This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2025, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely based on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulr.ai

KULR Media Relations:
M Group Strategic Communications (on behalf of KULR)
Email: kulr@mgroupsc.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/0b2da4ec-b5ec-46a6-8af2-19f9fac9a770


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