Clayco is building 1.4-million-sq-ft Indiana plant to produce wet-process lithium-ion battery separators for EV batteries with conditionally awarded Energy Dept. loan, officials announced July 9.
The U.S. Dept. of Transportation is supplying a $6.9-billion grant and $4.1 billion in low-interest loans on top of previously announced federal funding.
After years of historically high salary increases for construction staff, many employers appear to have hit the ceiling for the compensation bumps they can offer.
With an extended period of construction activity and no imminent signs of recession, prices for used construction equipment at resale and auction have found their level, with fewer of the fluctuations that marked recent years.
Not since the “United States Steel Hour” during the golden age of television has the Pittsburgh-based steelmaker had such drama like the firm’s current public relations fight with former bidder Cleveland-Cliffs over its proposed acquisition by Japan’s Nippon Steel Corporation.