LEXINGTON, NC—Siemens Mobility, the largest manufacturer of passenger train cars in the U.S., will build a $220 million advanced manufacturing and rail services facility here. The factory will create more than 500 new jobs.

CARROLLTON, TX—Siemens has opened a new assembly plant here to produce chargers for electric vehicles. The company’s second EV charger manufacturing hub in the U.S., the factory will help the company meet its goal of producing 1 million EV chargers for the U.S. market. 

SEOUL—Hyundai Motor Group and a coalition of aerospace partners has started building a prototype for an autonomous vehicle to explore the surface of the moon.

DANIELSON, CT—SPIROL has acquired Ford Aerospace Ltd. of South Shields, UK.

SEOUL—General Motors Co. and Samsung SDI plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026.

SEOUL—Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the U.S. with partner SK On.

JACKSON, TN—6K Energy, the cathode materials production division of 6K Inc., plans to establish a full-scale PlusCAM battery material manufacturing plant here. The $250 million project is expected to create 230 jobs in Madison County.

ARLINGTON, VA—A stronger-than-expected travel recovery has forced airlines to keep older jets in service for longer, helping companies such as Raytheon through sales of spare parts and other aftermarket services.

GREENSBORO, NC—Marshall Aerospace will build a new aircraft maintenance facility here, creating hundreds of new jobs.

WASHINGTON—Investors are clamoring for details on the extent of the new supplier quality problem by Spirit AeroSystems, announced in April 2023, which Boeing said involves a "significant" portion of the 737 fleet. The problem involves two brackets were improperly installed.