The money will be awarded via the Advanced Technology Vehicles Manufacturing Loan Program to BlueOval SK, a new joint business venture established by Ford and SK On.

Virginia was able to beat out several other states for the project which will create “several hundred jobs” over the next five years, according to Governor Glenn Youngkin.

The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.

The government will provide €200 million to help develop renewable jet-fuel projects, including one developed in southern France by startup Elyse Energy, French President Emmanuel Macron said. 

The McCordsville, Indiana location is the second of four next-generation facilities that Walmart is building in order to boost the company's fulfillment capacity.

An announcement could be made as soon as when Prime Minister Narendra Modi visits the U.S. during the week of June 19, according to people close to the matter.

"We’re excited to play a critical enabling point to building these more resilient supply chains,” said chief executive officer Pat Gelsinger at a June 16 press conference.

In Singapore, the German industrial conglomerate will reportedly spend €200 million to build a facility that will produce factory automation devices to meet rising Asian demands.

Walmart expects the facility to create 600 jobs for the Olathe, Kansas community while improving the visibility of the company's beef supply chain.

By moving its operations to Kansas City from St. Louis, DHL hopes to more than double the number of packages and parcels it processes in the Midwest.