U.S. Manufacturing Megaprojects
Major investments ($1B+) across semiconductor, automotive, battery, and other industries
Total Investment
$331.0B
Jobs Created
97,020
Total Projects
30
Micron Megafab
SemiconductorMicron Technology
Largest memory chip fabrication campus in U.S. history
TSMC Arizona Fabs
SemiconductorTaiwan Semiconductor Manufacturing Co.
Two new chip fabrication plants with 5nm and 3nm processes
Texas Instruments Sherman Fabs
SemiconductorTexas Instruments
Up to four 300-mm chip fabs over the coming years
Intel Silicon Heartland Fabs
SemiconductorIntel Corporation
Two leading-edge chip fabs with potential expansion to eight
Intel Chandler Expansion
SemiconductorIntel Corporation
Expansion with two new state-of-the-art fabs (52 and 62)
Samsung Taylor Fab
SemiconductorSamsung Electronics
New semiconductor fabrication plant for advanced logic chips
GlobalFoundries Fab 8 Expansion
SemiconductorGlobalFoundries
Capacity increase and second fab at existing campus
Hyundai Motor Group Metaplant
AutomotiveHyundai Motor Co. with LG Energy Solution
EV production and battery cell manufacturing
GM Orion EV + Ultium Battery Projects
AutomotiveGeneral Motors & LG Energy Solution
EV truck production conversion and new battery factory
Ford–SK BlueOval SK Battery Park
BatteryFord Motor Co. and SK On
Twin battery gigafactories with 86 GWh combined capacity
Ford BlueOval City
AutomotiveFord Motor Co. with SK On
Integrated EV manufacturing for F-Series electric trucks
Wolfspeed Project Voyager
SemiconductorWolfspeed Inc.
World's largest silicon carbide semiconductor materials plant
Rivian EV Plant
AutomotiveRivian Automotive
Carbon-conscious manufacturing campus for next-gen EVs
VinFast EV Assembly Plant
AutomotiveVinFast
Manufacturing campus for electric SUVs and buses
Panasonic Energy Battery Plant
BatteryPanasonic Energy Co.
Lithium-ion cells production primarily for Tesla
Tesla Giga Nevada Expansion
AutomotiveTesla Inc.
Semi truck production and 4680 battery cell factories
Honda–LG EV Battery Plant
BatteryHonda/LG Energy Solution
Battery gigafactory with 40 GWh capacity for Honda EVs
Ford BlueOval Battery Park Michigan
BatteryFord Motor Company
LFP battery cell factory using CATL technology
Redwood Materials Campus
BatteryRedwood Materials Inc.
Battery recycling and components campus
LG Chem Cathode Plant
BatteryLG Chem Ltd.
Largest cathode materials plant in the U.S.
U.S. Steel Big River 2 Mill
MetalsUnited States Steel Corp.
New state-of-the-art steel sheet mill
Nucor Steel Mill
MetalsNucor Corporation
New steel sheet mill along the Ohio River
Qcells Solar Manufacturing
Renewable EnergyHanwha Qcells
Fully integrated solar panel supply chain
Stellantis/Samsung SDI Gigafactory
BatteryStarPlus Energy JV
Lithium-ion battery cell plant for Stellantis EVs
Novelis Aluminum Mill
MetalsNovelis Inc.
Low-carbon aluminum rolling mill and recycling center
Envision AESC Gigafactory
BatteryEnvision AESC
30 GWh EV battery cell plant
Scout Motors EV Plant
AutomotiveScout Motors (Volkswagen)
Revival of Scout brand with electric trucks and SUVs
Gotion EV Battery Gigafactory
BatteryGotion High-Tech
40 GWh lithium-ion battery production
Enel 3Sun Solar Panel Factory
Renewable EnergyEnel North America
One of the largest U.S. solar cell and panel factories
LEGO Factory
OtherThe LEGO Group
Carbon-neutral toy manufacturing facility
Key Insights
- •The semiconductor industry leads with ~$250B in planned investments, followed by EV and battery manufacturing.
- •Georgia and Texas are emerging as key hubs for both semiconductor and electric vehicle production.
- •Most megaprojects are scheduled to begin production between 2024-2026, creating a manufacturing renaissance.
- •The CHIPS Act and Inflation Reduction Act have accelerated domestic manufacturing investments.