latest news
Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
Industries
Nuclear fusion company raises $863M, much bound for Chesterfield
Massachusetts-based fusion energy company Commonwealth Fusion Systems announced that it raised $863 million in a Series B2 fundraising round.
Real Estate
Amazon to build $16M+ distribution center in Amherst
Amazon.com Services has selected Amherst County for the site of a new 78,000-square-foot distribution facility.
Money
Wall Street ticks higher with hopes for coming cuts to interest rates
Stocks edged higher Thursday as bond yields fell on weak labor market data. The S&P 500 rose 0.4% while investors await Friday’s jobs report.
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