Overview:On October 3, 2025, the Canadian government, through Natural Resources Canada, announced an investment of more than $22 million to support eight projects dedicated to battery innovation and manufacturing across the country . The initiative is part of the Energy Innovation program and aims to strengthen Canada's competitiveness in the battery supply chain, which is essential for electric…
Italian cable giant Prysmian is investing $500 million to expand its McKinney, Texas, operations with a 650,000-square-foot medium-voltage cable facility, creating 120 jobs and boosting U.S. energy infrastructure. The plant, expected to open in 2027, will enhance capacity to meet growing electricity demand. Prysmian acquired local firm Encore Wire for $4.1 billion in 2024. Since its founding in…
To support its manufacturing sector and shield local jobs from external trade pressures, the Government of Ontario has announced an expanded investment of $1.3 billion over three years into its Ontario Made Manufacturing Investment Tax Credit. The enhanced program aims to reduce costs for companies investing in buildings, machinery, and equipment for use in Ontario-based manufacturing or…