AGP Executive Report
Last update: 11 hours agoFactory Investment: Mars plans to spend $1.4 billion on U.S. manufacturing in 2027, while its £161 million upgrade in Melton Mowbray will add production lines for recyclable pet-food pouches and create more than 30 technical and engineering jobs. Industrial Expansion: Siemens has begun a €14 million factory build in Romania, while Siemens Energy is weighing a $65 million expansion in North Carolina as turbine demand rises. Semiconductors: South Korean startup DeepX plans to invest more than $100 million in an AI chip made using Samsung’s 2-nanometer process, targeting first silicon in 2027 and mass production in 2028. Robotics: Agile Robots raised $500 million to expand manufacturing in Germany and the U.S.; South Korea leads global factory robot density with 1,066 robots per 10,000 manufacturing workers. India’s Incentives: PLI schemes mobilised 76% of targeted investment but generated just 28% of planned jobs, or 849,000 against a 3 million target.
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