Major investments ($1B+) across semiconductor, automotive, battery, and other industries · Updated April 2026

Total Investment
$624.7B
Jobs Created
182,868+
Total Projects
59
Taiwan Semiconductor Manufacturing Co.
Active – Expanded3 new fabrication plants, two advanced packaging facilities, and a major R&D center
Apr 2026 Update
Investment expanded from $65B to $165B total; first fab (N4) producing chips; Fab 2 (N2) under construction; Fab 3 (A16) planned. TSMC celebrated first Blackwell wafer production with NVIDIA in Oct 2025.
Micron Technology
Active – Broke ground Jan 2026Largest memory chip fabrication campus in U.S. history; up to four fabs in Clay, NY
Apr 2026 Update
Broke ground January 2026. Part of Micron's $200B total U.S. investment announced June 2025. $6.4B in CHIPS Act funding awarded. First fab production expected late 2020s.
Micron
Active – Part of $200B planTwo new fabs in Boise for leading-edge DRAM manufacturing; part of $200B total U.S. plan
Apr 2026 Update
Part of Micron's $200B total U.S. investment announced June 2025. Idaho fabs to produce 40% of company's DRAM in the U.S. First Idaho fab production expected 2027.
Texas Instruments
Active – Part of $60B planUp to four 300-mm chip fabs over the coming years at Sherman mega-site
Apr 2026 Update
In June 2025 TI announced a total $60B investment across 7 fabs in Texas and Utah. Sherman site investment is part of this broader plan. Production at Sherman Fab 1 targeted for 2025.
Intel Corporation
Delayed – Production pushed to 2030-2031Two leading-edge chip fabs with potential expansion to eight at New Albany campus
Apr 2026 Update
Severe delays: production timeline pushed from 2025-2026 to 2030-2031 — a 5+ year slip. Intel posted $10.3B operating loss in 2025. However Intel signed Terafab pact with Tesla/SpaceX in Apr 2026 signaling renewed investment momentum.
Intel Corporation
ActiveExpansion with two new state-of-the-art fabs (52 and 62)
Apr 2026 Update
Fab 52 construction complete; Fab 62 progressing. Intel entered pact with Tesla/SpaceX/xAI for Terafab AI chip complex in Texas (Apr 2026), signaling renewed foundry momentum.
Samsung Electronics
Active – Limited ops began Feb 2026New semiconductor fabrication plant for advanced logic chips
Apr 2026 Update
Construction halted in 2024 due to reduced demand; resumed mid-2025. Samsung confirmed limited operations began Feb 2026. CHIPS Act funding reduced from $6.4B to $4.7B as investment scaled from $44B to $37B total.
Toyota
Active – Production underwayEight new EV-battery lines at Liberty NC campus for Toyota and Lexus EVs
Apr 2026 Update
Battery production began 2025. Toyota also announced additional $1B investment in Kentucky operations and $912M in Texas for hybrid production in 2025.
Stellantis
Active – New addition$13B investment to expand U.S. production by 50% across 5 plants: Belvidere IL (Jeep), Kokomo IN (engine), Warren MI (REEV), Detroit Assembly (Durango), and others
Apr 2026 Update
Announced October 2025. Indiana facility begins 4-cylinder engine production 2026. Illinois Belvidere plant reopening for 2 new Jeep models in 2027. Michigan Warren Truck retooling for REEV by 2028. Dodge Durango next-gen by 2029.
GlobalFoundries
Active – Part of $16B planCapacity increase and second fab at Malta campus; part of $16B total NY/VT plan
Apr 2026 Update
In June 2025 GlobalFoundries announced $16B total investment across NY and VT. Malta NY fab expansion is the primary component. Focused on AI, aerospace, and automotive chips.
Texas Instruments
Active – New additionNew 300-mm semiconductor fab adjacent to existing Lehi campus acquired from Micron in 2021
Apr 2026 Update
$11B Utah fab is part of TI's $60B total plan announced June 2025. Production targeted to begin 2026. Expected to create ~800 direct jobs and thousands of indirect jobs.
Hyundai Motor Co. with LG Energy Solution
Active – Producing vehiclesEV production and battery cell manufacturing in Bryan County GA
Apr 2026 Update
Plant opened and producing EVs including Ioniq 5, Ioniq 6, and GV70. LG Energy battery module plant co-located on campus. Hyundai committed additional investment amid tariff concerns.
GlobalWafers
ActiveFirst U.S. 300mm silicon wafer facility in Sherman, TX
Apr 2026 Update
Construction progressing in Sherman TX. Expected to produce silicon wafers for U.S. chip fabs, reducing dependence on Asian suppliers.
General Motors & LG Energy Solution
Delayed – EV production delayed 2+ years; pivoting to gas trucksEV truck production conversion at Orion Assembly and Ultium battery factory in Lansing MI
Apr 2026 Update
GM delayed electric pickup production at Orion by 2+ years. GM posted $6B writedown in Q4 2025 for EV losses. Orion plant now planned to produce gas-powered Cadillac Escalade and Silverado/Sierra trucks starting 2027.
Eli Lilly and Company
Active – New addition$6.5B active pharmaceutical ingredient manufacturing facility in Houston TX
Apr 2026 Update
Part of Lilly's $27B total U.S. investment plan. Houston facility to produce APIs for Lilly's blockbuster drugs. Operational within ~5 years of construction start.
Eli Lilly and Company
Active – New addition; breaking ground 2026$6B active pharmaceutical ingredient manufacturing facility in Huntsville AL
Apr 2026 Update
Breaking ground 2026. Part of Lilly's $27B total U.S. investment. One of the largest pharmaceutical manufacturing investments in Alabama history.
Ford Motor Co. and SK On
Delayed – JV dissolved Dec 2025; Ford taking sole controlTwin battery gigafactories with 86 GWh combined capacity in Glendale KY
Apr 2026 Update
Ford and SK On dissolved BlueOval SK joint venture in December 2025. Ford taking full sole ownership of Kentucky plant. Plant closed Feb 14 2026 pending restructuring. Second planned plant paused.
Hyundai
Active1,700-acre ultra-low carbon steel production plant in Ascension Parish LA
Apr 2026 Update
Construction underway. Will supply Hyundai's Georgia Metaplant with domestically produced steel. Uses hydrogen-based steelmaking to reduce carbon emissions.
Ford Motor Co.
Active – Construction complete; EV production delayed to 2028Integrated EV manufacturing campus for F-Series electric trucks in Stanton TN
Apr 2026 Update
Construction completed September 2025. Battery production delayed to 2027; full vehicle production delayed to 2028 due to slower EV demand. Ford ended SK On JV but BlueOval City (Tennessee) is separate from Kentucky battery park.
LG Energy
ActiveCylindrical EV and LFP-ESS cell (53 GWh) production in Queen Creek AZ
Apr 2026 Update
Mass production targeted for first half of 2026. Will supply cylindrical cells for EVs and LFP cells for energy storage systems.
Wolfspeed Inc.
Active – Emerged from bankruptcy Sep 2025World's largest silicon carbide semiconductor materials plant in Siler City NC
Apr 2026 Update
Wolfspeed filed for Chapter 11 bankruptcy and emerged in September 2025 as a financially restructured company. Siler City fab operational. Received nearly $700M tax refund Dec 2025. Refinanced debt Mar 2026.
Rivian Automotive
Active – Construction began 2026Carbon-conscious manufacturing campus for R2/R3/R3X EVs in Stanton Springs GA
Apr 2026 Update
Groundbreaking ceremony held September 2025. First phase of construction began 2026. Production of R2/R3/R3X targeted for 2028. Site spans 9 million sq ft.
Novelis Inc.
ActiveLow-carbon aluminum rolling mill and recycling center in Bay Minette AL
Apr 2026 Update
Investment increased from $2.5B to $5B. Commissioning delayed from mid-2025 to second half of 2026. Will produce automotive-grade aluminum sheet for EVs.
Eli Lilly and Company
Active – New addition$5B active pharmaceutical ingredient manufacturing facility in Richmond VA
Apr 2026 Update
Part of Lilly's $27B total U.S. investment. Richmond facility to manufacture APIs for oncology and diabetes drugs.
JetZero
Active – Site selectedFactory to produce blended-wing-body Z4 aircraft at up to 20 planes/month
Apr 2026 Update
Greensboro NC selected as factory site. Demonstrator aircraft program ongoing with USAF. Full factory production targeted late 2030s pending aircraft certification.
GlobalFoundries
Active – New additionExpansion of Burlington Vermont fab as part of $16B total U.S. investment plan
Apr 2026 Update
Announced June 2025 alongside NY expansion. Vermont fab produces specialty chips for aerospace and defense. Part of $16B total plan.
VinFast
Delayed – Restarting 2026; production pushed to 2028Manufacturing campus for electric SUVs and buses in Chatham County NC
Apr 2026 Update
Construction paused for a year; VinFast announced restart in March 2026. Production delayed from 2025 to 2028. Job estimate slashed from 7,500 to ~1,400. VinFast posted $3.9B net loss in 2025.
Panasonic Energy Co.
Active – Producing cellsLithium-ion cells production primarily for Tesla in De Soto KS
Apr 2026 Update
Plant operational producing 2170 cylindrical cells for Tesla. Panasonic evaluating expansion. One of the largest EV battery plants in the U.S.
Nucor Corporation
Active – OperationalNew steel sheet mill along the Ohio River in Mason County WV
Apr 2026 Update
Investment increased from $2.7B to $4B due to rising costs. Mill operational. Producing flat-rolled steel.
Tesla Inc.
ActiveSemi truck production and 4680 battery cell factories at Gigafactory Nevada
Apr 2026 Update
Semi truck production underway. 4680 cell production ramping. Nevada remains Tesla's primary battery cell manufacturing hub in the U.S.
Intel
ActiveHigh-volume Foveros 3D advanced packaging facility in Rio Rancho
Apr 2026 Update
Fab 9 opened and became operational in January 2024. Produces high-volume Foveros 3D packaging. Intel received $500M CHIPS Act grant for this facility.
Honda/LG Energy Solution
Active – Honda retreating from EV; plant future uncertainBattery gigafactory with 40 GWh capacity for Honda and Acura EVs in Jeffersonville OH
Apr 2026 Update
Plant built and operational. However Honda announced major EV strategy retreat in March 2026 — scaling back EV plans by $15.7B. LG Energy sold plant building to Honda in Dec 2025 sale-leaseback. Plant future uncertain as Honda pivots to hybrids.
Ford Motor Company
ActiveLFP battery cell factory using CATL technology in Marshall MI
Apr 2026 Update
Construction progressing. Ford retains this Michigan LFP plant (separate from dissolved Kentucky JV). Uses licensed CATL technology. Production targeted 2026.
Redwood Materials Inc.
ActiveBattery recycling and anode/cathode components campus in Ridgeville SC
Apr 2026 Update
Campus operational. Recycling EV batteries and producing anode copper foil and cathode active materials. Supplying Panasonic and others.
Eli Lilly and Company
Active – New addition; announced Jan 2026$3.5B active pharmaceutical ingredient manufacturing facility in Lehigh County PA
Apr 2026 Update
Announced January 2026. Part of Lilly's $27B total U.S. investment plan — the largest pharmaceutical manufacturing investment in U.S. history.
Shintech
Active – New additionExpansion of PVC and chemical manufacturing in Iberville Parish LA including new ethylene cracker
Apr 2026 Update
Announced March 2026. Fifth expansion at Plaquemine site in 16 years. Will add new ethylene cracker and VCM/PVC production units. Completion targeted end of 2030.
LG Chem Ltd.
ActiveLargest cathode active materials plant in the U.S. in Clarksville TN
Apr 2026 Update
Plant operational. Produces cathode materials for EV batteries. LG Chem expanding capacity.
Micron
Active – Updated investmentExpansion of Manassas facility to onshore 1-alpha DRAM and HBM chip production
Apr 2026 Update
Updated investment from $2.17B to $3B as part of Micron's $200B total U.S. plan. Modernization of existing fab underway.
United States Steel Corp.
ActiveNew state-of-the-art steel sheet mill at Big River Steel Works in Osceola AR
Apr 2026 Update
Nippon Steel acquisition of U.S. Steel approved by President Trump in June 2025. Nippon committed $14B total investment including $4B for a new direct-reduced iron (DRI) mill at the Big River campus announced Nov 2025.
Nippon Steel / U.S. Steel
Active – New additionNew direct-reduced iron (DRI) plant at Big River Steel Works campus in Osceola AR
Apr 2026 Update
Announced November 2025 as part of Nippon Steel's $14B total U.S. investment commitment post-acquisition. DRI plant will reduce carbon emissions in steelmaking.
StarPlus Energy JV
Delayed – Stellantis seeking to exit JVLithium-ion battery cell plant for Stellantis EVs in Kokomo IN (first plant)
Apr 2026 Update
First Kokomo plant operational. Stellantis announced in February 2026 it is seeking to end the battery JV with Samsung SDI due to growing EV losses. Exit could trigger penalty payments. Second Kokomo plant paused.
Hanwha Qcells
ActiveFully integrated solar panel supply chain in Dalton GA
Apr 2026 Update
Facility operational. Produces solar cells and panels. One of the most vertically integrated solar manufacturing operations in the U.S.
Gotion High-Tech
CancelledPlanned $2.4B lithium-iron phosphate battery plant in Big Rapids MI — abandoned Oct 2025
Apr 2026 Update
Gotion abandoned the Michigan plant in October 2025 amid local opposition and national security concerns. State clawing back $24M in grants. Gotion suing Green Charter Township for damages.
Scout Motors (Volkswagen)
ActiveRevival of Scout brand with electric trucks and SUVs in Blythewood SC
Apr 2026 Update
Investment increased from $2B to $2.3B including $300M Supplier Park. Production timeline shifted from 2026 to late 2027. Terra truck and Traveler SUV in production.
Envision AESC
Active30 GWh EV battery cell plant in Bowling Green KY
Apr 2026 Update
Construction ongoing. Will supply Nissan and other automakers. 30 GWh capacity.
Gotion High-Tech
Active – Illinois plant operating; Michigan plant cancelled40 GWh lithium-ion battery production in Manteno IL
Apr 2026 Update
Illinois plant operational with Pack Line A running as of Oct 2025. Expanding workforce to 450 jobs. Note: Gotion's separate Michigan plant was abandoned in Oct 2025.
UCB
Active – New addition; announced Mar 2026First U.S. manufacturing facility for biologics in Gwinnett County GA (Rowen community)
Apr 2026 Update
Announced March 24 2026. Belgian drugmaker UCB's first U.S. manufacturing site. Will produce biologic drugs. Located in Rowen knowledge community near Atlanta. Creates 330 jobs.
Johnson & Johnson
Active500,000 sq ft biologics manufacturing facility in Wilson NC
Apr 2026 Update
Part of J&J's $55B+ U.S. investment commitment. Wilson NC facility will manufacture biologic medicines. Construction underway.
Niron Magnetics
Active – New addition; site selection underwayFirst large-scale rare-earth-free permanent magnet manufacturing plant; site TBD
Apr 2026 Update
Site selection process launched March 2026. 1.6M sq ft facility will produce 10,000 tons of rare-earth-free iron nitride magnets annually. Supports data center cooling and EV motors without reliance on Chinese rare earths.
The LEGO Group
ActiveCarbon-neutral toy manufacturing facility in Chesterfield County VA
Apr 2026 Update
Investment updated from $1B to $1.5B. Opening delayed from 2025 to 2027. Will be LEGO's first U.S. manufacturing facility. Carbon-neutral operations planned.
ArcelorMittal
ActiveAdvanced manufacturing facility in Mobile County AL producing non-oriented electrical steel for EV motors
Apr 2026 Update
Construction planned. Will produce non-oriented electrical steel (NOES) critical for EV motors and transformers. Supports domestic EV supply chain.
Chobani
ActiveThird U.S. dairy processing plant in upstate New York
Apr 2026 Update
Site selection and permitting ongoing. Will expand Chobani's Greek yogurt and dairy production capacity.
First Solar
Active – OperationalSolar panel factory in Lawrence County AL making 3.5 GW nameplate capacity
Apr 2026 Update
Plant inaugurated September 2024. Fully operational producing Series 7 thin-film solar panels.
First Solar
ActiveTwo million sq ft Series 7 module solar panel manufacturing in Iberville Parish LA
Apr 2026 Update
Construction underway. Expected to add 700 jobs when fully operational in 2026.
Enel North America
Delayed – Construction status uncertainOne of the largest U.S. solar cell and panel factories in Inola OK
Apr 2026 Update
Construction progressing. Bifacial solar panel production targeted for 2025.
Maxeon
Delayed – Timeline uncertain; company facing financial difficulties3-Gigawatt solar cell and panel manufacturing facility in Albuquerque NM
Apr 2026 Update
Timeline has slipped multiple times. Maxeon facing financial difficulties. Project status uncertain as of April 2026.
Merck
Active – Operational225,000-sq-ft facility dedicated to vaccine manufacturing in Durham NC
Apr 2026 Update
Facility operational. Part of Merck's broader $9B U.S. investment plan. Produces vaccines including Gardasil.
Merck
Active – New addition; broke ground Apr 2025New $1B biologics center of excellence at Chestnut Run campus in Wilmington DE
Apr 2026 Update
Broke ground April 2025. Will produce cancer immunotherapy treatments including Keytruda. Lab component operational by 2028; full production by 2030.
Leprino Foods
Active – Operational850,000 sq ft facility producing frozen shredded mozzarella and sweet whey in Lubbock TX
Apr 2026 Update
Plant opened January 2025. Producing mozzarella cheese and sweet whey. Largest cheese plant in the region.
A Jeff Winter and Chad Stroud project
