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manufacturing

News about manufacturing: events, facts and developments on tafs uz.

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Re:Build raises $2.1 billion to expand American manufacturing

Re:Build, a Massachusetts-based manufacturing accelerator that spun out the EV startup Slate Auto in 2023, has raised $2.1 billion led by General Catalyst and JPMorganChase's Strategic Investment Group. The funds will go toward expanding production of hard tech and launching new industrial startups.

2 min read

Pandora opens the world's largest jewellery manufacturing plant in Vietnam

Danish jewellery company Pandora has opened a plant in Ho Chi Minh City that it calls the world's largest production complex for jewellery made of precious metals. The investment amounted to $150 million, capacity is up to 60 million items per year, and employment is 7,000 people. The plant will be Pandora's first production facility outside Thailand.

3 min read