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The added capacity builds on an earlier project launched in September 2024, when CSTH broke ground on a separate $28 million, 250,000-square-foot facility in Cynthiana, Ky.

Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.  

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.

U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.

Prime Minister Mark Carney is pushing to offset the economic pain caused by U.S. President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities.

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

A widely followed measure of Texas manufacturing activity weakened as executives used words like “chaos” and “insanity” to describe the turmoil spurred by President Donald Trump’s tariffs.

Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.

President Donald Trump rolled out a whole new set of tariffs April 2 in a move that experts warn could disrupt transportation and the supply chain.