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Posts published in “News”

In exiting Japan, John Deere building $70M factory in North Carolina

John Deere future generation excavators previously produced in Japan will be manufactured at a $70 million factory in North Carolina, the company said Tuesday. Kernersville, a Forsyth County community off Interstate 40 between Greensboro and Winston-Salem, will be the new home with an expected employment of 150 workers. In May 2024, county commissioners approved an incentive package for the company over five years valued at $944,006. At the time, average annual wages were projected to eclipse $64,000. Economists are historically skeptical on average wage comparisons because salaries of a few…

Brazil to export aircraft to Japan

Eve Air Mobility, an Embraer subsidiary that develops electric vertical takeoff and landing (eVTOL) aircraft, announced the sale of two vehicles to the Japanese company AirX, which operates in air transport and currently uses helicopters. The contract may be expanded, as it includes an option to purchase up to 50 units. With deliveries scheduled for 2029 and operations planned in Tokyo and Osaka as last-mile vehicles for tourist routes, the sale marks the company’s first in the Asia-Pacific region. Embraer and Eve are participating in the Singapore Airshow, one of…

Officials estimate $125 million in Western Alaska storm damage so far, and a long road to recovery

The Alaska Division of Homeland Security and Emergency Management director updated lawmakers, and outlined a “significant cleanup mission” planned for this summer. Rep. Nellie Jimmie, a Democrat from Toksook Bay, broke down in tears recounting her experience there the night ex-Typhoon Halong made landfall on the west coast of Alaska in October.  “We didn’t sleep the whole night, and this was the first time I’ve ever felt so helpless, where I knew I couldn’t protect my own daughter,” she told fellow lawmakers at a joint hearing with the House Tribal…