General Motors and Samsung SDI have selected New Carlisle as the site of a new electric vehicle battery cell plant in Indiana.

The companies announced in April the joint venture to build the more than $3 billion electric vehicle battery cell plant without specifying the location.

2. GM boosts outlook as sales in US fuel strong first quarter - Friday, April 21, 2023

DETROIT (AP) — Strong U.S. sales helped General Motors increase its first-quarter net profit 19% over a year ago, leading the company to raise its full-year earnings guidance on expectations that people will keep buying new vehicles.

3. GM, Samsung plan new EV battery cell factory in US - Friday, April 21, 2023

DETROIT (AP) — General Motors and South Korea's Samsung SDI plan to invest more than $3 billion in a new electric vehicle battery cell plant in the United States, the companies said Tuesday.

They did not announce the intended location of the new factory, which is expected to begin operations in 2026, GM and Samsung SDI said in a statement. GM and Samsung SDI plan to jointly operate the factory, which is expected to make nickel-rich prismatic and cylindrical cells. The companies said it was expected to create thousands of jobs.

4. Czech record presser locating $13M facility in Nashville - Friday, April 22, 2022

Nashville Record Pressing, LLC is establishing operations in Nashville that will include its headquarters, manufacturing, distribution and back-office functions.

Nashville Record Pressing will invest $13.3 million and create 255 new jobs during the next five years at the company’s facility located at 520 Brick Church Park Drive, the company reports.

5. EXPLAINER: A scarcity of chips feeds frustration, inflation - Friday, February 11, 2022

Even coming off its fastest annual growth in 37 years, the U.S. economy is still bogged down by a persistent shortage of the computer chips essential to the technology that connects, transports and entertains us.

6. Intel building $20B Ohio chip facility amid global shortage - Friday, January 21, 2022

COLUMBUS, Ohio (AP) — Chip maker Intel said it will invest $20 billion to build a new factory in Ohio, an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while also signaling the giant company's commitment to manufacturing crucial technology products in the U.S.

7. Biden tells execs US needs to invest, lead in computer chips - Friday, April 9, 2021

WASHINGTON (AP) — President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world's computer chip leader.

8. Business Fallout: Airlines fear failure, delivery in demand - Friday, March 20, 2020

Business Fallout: Airlines fear failure, delivery in demand

It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes.

9. Central banks deploy trillions to keep economy running - Friday, March 13, 2020

It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes.

10. Samsung, Hyundai Motor see growing uncertainties in 2017 - Friday, December 30, 2016

SEOUL, South Korea (AP) — Chiefs of Samsung Electronics and Hyundai Motor said Monday their businesses would face increased uncertainties due to growing protectionism.

Samsung Vice Chair Kwon Oh-hyun urged employees in a new year's speech to reform the company by strengthening quality control as growth slows in its key markets and trade protectionism increases uncertainties in the economy and politics.

11. European Central Bank surprises with strong stimulus action - Friday, March 11, 2016

FRANKFURT, Germany (AP) — The European Central Bank cut all its main interest rates, expanded its bond-buying stimulus program, and offered new cheap loans to banks, making an unexpectedly aggressive effort to boost inflation and economic growth in the 19 countries that share the euro.

12. Google's top searches peer into society's mindset - Friday, December 13, 2013

SAN FRANCISCO (AP) — Death, devices and celebrity drove the quest for more information on Google's search engine this year.

Three of the world's four fastest-rising search requests on Google were triggered by the deaths of famous men.

13. Renault, Nissan invest in South Korea production - Friday, July 20, 2012

SEOUL, South Korea (AP) — The French-Japanese auto alliance of Renault and Nissan is investing $160 million in its South Korean unit to produce Nissan-branded vehicles mostly destined for the United States, taking advantage of the South Korea-U.S. free trade agreement and a more favorable exchange rate.