manufacturing_investment

PLANO, Texas – November 05, 2026 -- Toyota Motor North America (TMNA) will replace its chief executive on January 1, 2027, handing the top job to Mark Templin as Ted Ogawa returns to Toyota Motor Corporation (TMC) in Japan after a tenure that saw nearly $60 billion in cumulative U.S. investment.

Templin moves up from COO as Nambu arrives from Japan

Templin, currently TMNA's executive vice president and chief operating officer, becomes president and CEO. He will lead North American manufacturing, research and development, sales, marketing, product support and corporate functions.

WINSTON-SALEM – October 31, 2026 -- Modoral Brands Inc., an operating company of Reynolds American Inc., received U.S. FDA Marketing Granted Orders for eight VELO nicotine pouch products, clearing a select set of SKUs for the U.S. market.

FDA authorizes eight VELO flavor and strength variants at 4 mg

The orders cover two product lines, each at 400 mg pouch size and 4 mg nicotine strength. VELO Mini Pouch is authorized in Crema, Lime, Orange Crema and Passion Fruit. VELO Mini Pouch 2 is authorized in Crema, Lime, Orange Crema and Cinnamon.

Reynolds American said it will keep working with the FDA as the agency evaluates its submissions for additional products. The company said it is confident in the science behind those filings and expects further authorizations.

Irving, Texas – October 15, 2026 -- Caterpillar Inc. (NYSE: CAT) has allocated up to $10 million to prepare North Carolina workers for modern manufacturing and industry technician roles. It is the sixth allocation under the company's five-year, $100 million Building the Future Workforce Initiative.

Caterpillar pairs $10 million training fund with a $1 billion North Carolina build-out

The workforce money follows Caterpillar's announcement that it plans to invest approximately $1 billion in North Carolina. The capital will expand manufacturing capacity for its Cat Compact business, which supplies compact equipment to small contractors and growing businesses. The plan includes a new facility in Sanford to increase production of compact track loaders and telehandlers.

Caterpillar's Clayton facility in the state already builds small wheel loaders and supports distribution of backhoe loaders.

Buffalo, W.Va. – October 12, 2026 -- Toyota West Virginia has marked 30 years of operations at a plant representing a $3.3 billion investment and employing more than 2,000 people, and the facility is busier than ever, according to its president.

Buffalo plant supplies engines and drivetrain components across North America

The Putnam County facility assembles both engines and drivetrain components for Toyota's North American operations. It is the only Toyota plant in North America that assembles hybrid transaxles.

President David Rosier said the plant has grown as Senator Jay Rockefeller predicted at the groundbreaking, crediting the workforce for the result and describing the plant as busier than ever.

Los Angeles – September 20, 2026 -- Anheuser-Busch [NYSE: BUD] is investing $21 million in its Los Angeles and Mira Loma, California facilities to expand production of Michelob ULTRA and Cutwater Spirits, the company announced.

Investment targets canning, bottling and rail capacity upgrades

The funding will upgrade canning and bottling operations, boost output of Cutwater, the top-selling spirits-based cocktail brand in the U.S., and Phorm Energy, and increase rail capacity to strengthen transportation and route-to-market logistics.

Miami – September 13, 2026 -- ARK MFG has acquired Therma-Tek Commercial Cooking Solutions, extending its American-made manufacturing portfolio from commercial refrigeration into professional cooking equipment.

ARK MFG adds hot-side cooking equipment to its refrigeration business

Therma-Tek, a U.S.-based manufacturer of professional commercial cooking equipment, is used by chefs and restaurateurs worldwide. All Therma-Tek products are designed and manufactured domestically, aligning with ARK MFG's focus on U.S.-based industrial brands.

ARK MFG plans facility rebuild and headquarters relocation for Therma-Tek

ARK MFG will invest in a comprehensive rebuild of the Therma-Tek manufacturing facility and relocate its operations into ARK MFG's global headquarters. Gian Carlo Alonso, Founder and CEO of ARK MFG, said the deal lets the company build a cooking equipment line to complement its existing refrigeration offerings.