The value of core capital goods orders increased by 0.7% during May after a downwardly revised 0.6% gain during April 2023, according to Commerce Department figures.
Virginia was able to beat out several other states for the project which will create “several hundred jobs” over the next five years, according to Governor Glenn Youngkin.
Combined, the U.S., EU, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing and Micron.
The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.