Foxconn and Anthro Energy among latest companies to invest in US facilities

Foxconn and Anthro Energy among latest companies to invest in US facilities

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A host of U.S. manufacturing expansions are underway, supported by federal and state incentives to bolster domestic production and create local jobs.

Just last week, officials in Alabama, Kentucky and Colorado touted investments from manufacturers in the battery materials, farm equipment, beverage and electronics industries.

Here are more details about those projects.

Coca-Cola bottling partner to invest $475M in Colorado site

Utah-based Swire Coca-Cola, USA plans to build a 620,000-square-foot manufacturing plant in Colorado Springs, Colorado, a local chamber of commerce announced Dec. 11.

The facility will produce more than 230 beverage options across more than 60 brands, including soft drinks, waters, teas, juices and sports beverages, according to a news release. It is expected to double Swire Coca-Cola’s local workforce with the creation of 170 jobs, “provide its employees with a modern working environment, meet rising customer demand and advance its sustainability goals.”

“Colorado Springs has been a great partner for our existing distribution facility where we employ 170 people,” Bryan Sink, SVP of supply chain at Swire Coca-Cola, said in a statement. “The city offers a highly skilled workforce and a strong sense of community — all of which make it an ideal location for this strategic investment.”

Officials said the project will support about 1,190 construction and installation jobs, generating an estimated $103 million for workers and families in El Paso County. Swire Coca-Cola is pursuing LEED Gold certification for its facility.

The company plans to break ground on the project next year and consolidate its existing operations into the new facility. It will replace a 90-year-old production plant in Denver, according to the release. Currently, Swire Coca-Cola employs 1,300 people in Colorado.

Foxconn to build first US manufacturing facility in Kentucky

Taiwan-based Foxconn Technology Co. will invest $173 million to build its first U.S. manufacturing facility in Louisville, Kentucky, creating 180 jobs, Mayor Craig Greenberg announced Dec. 9.

The 350,000-square-foot “factory of the future” will be outfitted with artificial intelligence and robotics in all phases of consumer electronics production, from design and assembly to logistics, according to a news release. It is part of Foxconn’s “Made in America” initiative, aimed at strengthening the country’s supply chains.

“Foxconn helped pioneer the world’s most advanced production systems, from smartphones to computing devices,” Foxconn CEO Ben Liaw said in a statement. “Now we’re bringing that same precision and innovation to the United States.”

The project received preliminary approval for an investment incentive valued at up to $3.4 million by the Kentucky Economic Development Finance Authority. The agency also approved up to $600,000 in tax incentives.

Operations are expected to begin in the third quarter of 2026.

Anthro Energy to bring $142M battery materials factory to Kentucky

Alameda, California-based Anthro Energy plans to establish a battery materials manufacturing facility in Louisville, Kentucky, Mayor Craig Greenberg announced Dec. 12.

The 25-GWh factory will be capable of making 12,000 metric tons per year of Anthro’s proprietary injectable phase change electrolyte, a material used for lithium-ion batteries in electric vehicles, defense and consumer electronics, according to a news release. The investment is expected to create 110 factory jobs and support 390 construction jobs.

“By onshoring critical battery-supply-chain infrastructure, we’re strengthening both our national security and our industrial base,” Anthro Chief Technology Officer Joe Papp said in a statement. “We look forward to contributing to Kentucky’s leadership in the advanced battery economy.”

Anthro received a $24.9 million grant from the U.S. Department of Energy earlier this year to establish the “first large-scale, U.S.-owned and operated advanced electrolyte manufacturing facility.” It also received $18.4 million in investment tax credits under the Inflation Reduction Act.

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