Samung’s New Chip-Making Plant To Add Capacity

Samsung is investing $17 billion to build a new advanced chip-making plant in Taylor, Texas.

This is Samsung’s second facility in Texas to provide leading-edge manufacturing capacity for semiconductor production.  Samsung’s Taylor location decision is incentivized with property tax breaks and federal subsidies.

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Tyson Foods Expands Capacity in Virginia

Tyson Foods, Inc., will invest $300 million in Danville, Virginia to build a 325,000 square-foot production facility for the company’s fully cooked products such as Chicken Nuggets.

The production facility’s location decision is heralded as a win-win for Tyson Foods and Danville, Virginia.

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Peloton Manufacturing Cycles to the U.S.

Peloton has selected Troy Township, Ohio, as the location for its first factory in the U.S. to build bikes and high-end treadmill machines.

The factory will have one million square feet of manufacturing, office, and amenities space.  More than 2,000 jobs will be added to the area.  When the new factory is up and running by 2023, Peloton will become less dependent on its third-party manufacturers in Asia to produce home fitness equipment to meet surging local demand in the U.S..

IHOP’s Flip’d Targets On-the-Go Customers

Flip’d by IHOP is the rebooted fast-casual spinoff from IHOP. Multiple locations are planned to open in 2021. Look for Flip’d in suburban areas in New York, Kansas, and Ohio, and at high-end convenience stores like Kwik Stop and Minit Mart.

On-the-go customers can place their orders at digital kiosks or the counter.  Delivery and digital order pickup are available for off-premise customers.

Video Spotlight: IHOP opening new restaurant Flip’d (May 21, 2021, KPRC 2 Click2Houston)

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By |2021-08-31T07:14:05+00:00August 31, 2021|Tags: , , , |
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