capital investment

Proterra’s surviving businesses may shed bankruptcy stigma  

The stigma of going through bankruptcy is real, whether personal or corporate. But sometimes, it turns out OK. Consider Proterra Inc., a maker of electric transit buses, battery packs and a developer of charging infrastructure.

Several startups in the electrification space ran out of financial runway. They either disappeared or were absorbed by other companies. Proterra’s electric transit bus business tasted early success after launching in 2004. Investors like automaker General Motors’ venture...

https://www.freightwaves.com/news/proterras-surviving-businesses-may-shed-bankruptcy-stigma

Cummins commits $580M to North Carolina plant makeover

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Cummins Inc. is spending $580 million to revamp a plant in Rocky Mount, North Carolina, to make...

https://www.freightwaves.com/news/cummins-commits-580m-to-north-carolina-plant-makeover

Cummins plans $1B+ investment in engine plants, hydrogen equipment

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Cummins Inc. will spend more than $1 billion to modernize engine plants in three states and invest...

https://www.freightwaves.com/news/cummins-plans-1b-investment-in-engine-plants-hydrogen-equipment

Truck Tech: Plant anatomy edition

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How did Navistar manage to build its assembly plant in San Antonio for a relatively paltry $250 million? Partly by ignoring a famous baseball movie line. Also this week, Daimler Truck North America preps technicians to work on electric trucks. And every step van on the market could be electrified — today, a North American Council for Freight Efficiency report says.

A world of plants

Mark Hernandez sounds like the no-nonsense manufacturing expert he is. Straight out of central casting.  

But the...

https://www.freightwaves.com/news/truck-tech-plant-anatomy-edition