➀ GE Vernova plans to expand its existing manufacturing facilities in Stafford, UK; ➁ The expansion aims to support the growing demand for HVDC transmission systems to power renewable energy projects; ➂ The expansion includes doubling valve manufacturing capacity at the Stafford HVDC Facility and significant upgrades at the Stafford Transformer Facility.
Recent #Manufacturing Expansion news in the semiconductor industry
1. Texas Instruments has demonstrated strong capital allocation and dividend growth, outperforming the S&P 500 by 20% since April. 2. Despite lagging peers post-pandemic, strategic investments in automation and electrification are expected to yield significant returns. 3. The company is expanding its manufacturing capabilities with new facilities like RFAB2 and LFAB1, positioning itself for long-term growth and profitability.