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Archer Completes Construction of High-Volume Manufacturing Facility

COVINGTON, Ga.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE : ACHR) announced today that earlier this week it received the certificate of occupancy for its high-volume manufacturing facility, ARC, which is connected to the Covington Municipal Airport in Georgia. Archer is now working to complete the tooling load-in for the initial manufacturing line at this facility. Production is …

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Two new manufacturing facilities coming to Kalamazoo County

PORTAGE, Mich. (WOOD) — Two new manufacturing plants are coming to Kalamazoo County. TST of Portage is developing a new manufacturing facility in the city of Portage. It will be partially demolishing a 34,000-square-foot structure, and will build in its place a 43,000-square-foot facility, according to a Tuesday release from the governor’s office. The project …

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Commercial Aircraft Manufacturing Market Demand Rising at a Stellar 6% CAGR to Reach USD 565.89 Billion by 2034

Rockville, MD, Nov. 26, 2024 (GLOBE NEWSWIRE) — According to a newly published research report by Fact.MR, a market research and competitive intelligence provider, turnover of the global commercial aircraft manufacturing market is analyzed to achieve a value of US$ 328.32 billion in 2024. The market is forecasted to rise at a CAGR of 6% …

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Rivian Receives Conditional Commitment for up to $6.6 Billion Loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Program

American all-electric automaker Rivian Automotive (NASDAQ: RIVN) today announced it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric …

Rivian Receives Conditional Commitment for up to $6.6 Billion Loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Program Read More »