Tag Archives: factory

VACUUMSCHMELZE (VAC) and General Motors (GM) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth

Hanau – VAC and GM announced plans for VAC to build a plant in the U.S. that will manufacture permanent magnets for the electric motors used in GM’s electric vehicles using Ultium-Platform. The new plant would plan to use locally sourced raw materials. “We are building a resilient and sustainable EV manufacturing value chain in… Read More »

Bristol Myers, hot off Breyanzi nod, plots new cell therapy factory in Massachusetts

Bristol Myers Squibb, freshly armed with an approval for its CAR-T lymphoma therapy Breyanzi, is making a major cell therapy manufacturing play. The company is building out a new 244,000-square-foot cell therapy site, housed at the company’s 89-acre campus in Devens, Massachusetts. The new factory will be kitted out to quickly ramp up clinical and commercial production, augmenting Bristol’s existing… Read More »