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Deere & Company raised its 2026 sales outlook, benefiting from increased orders for construction equipment driven by data centers and large infrastructure projects. The company's construction and forestry division saw quarterly sales up 18% year-over-year, but the agricultural division still faces challenges.
Micron Technology, building on its existing expansion plans in Idaho, has added a $10 billion investment to establish the Micron Research Laboratory. The facility will become the first innovation center in the United States dedicated to memory research, with construction expected to begin in 2027, and will be linked to a global network of research and development sites.
SandboxAQ is using artificial intelligence and computational physics methods to develop fluorine-free alternatives to PFAS for the semiconductor industry within 2 to 4 years. The company has received $500 million in funding from the U.S. Department of Commerce, focusing on four key areas: catalysts, rare-earth-free magnets, battery systems, and PFAS-free chemicals. Its Vice President of Engineering, Stefan Leichenauer, explained how large quantitative models (LQM) avoid hallucinations and accelerate materials discovery.
Tesla, Inc. has submitted a proposal to the Texas Comptroller of Public Accounts to invest $10.1 billion in a solar cell and module manufacturing facility near Houston, dubbed Project Crystal Sun. The project, filed on Aug. 6, would create 9,712 full-time jobs and support over 1,000 construction jobs. If incentives are secured, construction could begin this year with operations targeted for Q1 2029. The facility is part of Elon Musk's broader plan to build 100 GW of annual U.S. solar manufacturing capacity, alongside SpaceX's separate solar factory efforts.
Illinois Gov. JB Pritzker signed a bipartisan bill that, starting in the 2028-2029 school year, will let high school students fulfill the state's two-year foreign language graduation requirement with career and technical education courses in fields such as advanced manufacturing, CNC machining, welding, robotics and automation. The legislation, SB3070, aims to address workforce shortages and preserve access to hands-on training programs that were being cut due to scheduling conflicts.
Bristol Myers Squibb will build a $2.3 billion high-tech manufacturing campus in Houston, Texas, producing small molecules, biologics, and antibody-drug conjugates. The 600,000-square-foot facility, expected to create 500 jobs, is part of a broader $40 billion U.S. investment plan through 2030.
美国众议院42名共和党议员和16名民主党议员联合致信商务部长霍华德·卢特尼克，要求调查国内铝销售中的“定价异常”。议员们指出，中西部溢价（MWP）作为全美范围的铝价基准，已纳入特朗普政府的50%关税，导致即使使用国产铝和再生铝的企业也承担关税成本。铝业协会、啤酒协会等组织分别表态，标普全球普氏则反驳称MWP是透明、独立的基准。
Madison Air Solutions announced a $5.4 billion agreement to acquire Ebm-Papst, a Germany-based HVAC manufacturer. The deal is expected to close by end of 2026, with Ebm-Papst projected to generate $2.8 billion in revenue and $343 million in adjusted EBITDA in 2026.
The U.S. Navy has awarded RTX subsidiary Raytheon a $22.9 billion contract to expand Tomahawk missile production, workforce, and supply chain stability over seven years.