This is a US news story, published by Wolf Street, that relates primarily to Kohler Co. news.
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spending boomWolf Street
•77% Informative
Companies plowed $18.4 billion in April into the construction of manufacturing plants in the US , a seasonally adjusted annual rate of construction spending of a record $212 billion .
This was up by 140% to 200% from the range in 2015 through mid-2021 , The spike in factory-construction activity began in the second half of 2021 .
Inflation in construction costs explains only a small portion of the spending boom.
Kohler Co. , maker of kitchen and bath products, inaugurated a 1-million-square-foot manufacturing facility in Casa Grande , Arizona .
Crystal Window & Door Systems announced a new facility in Johnston County , North Carolina .
ION Storage Systems commissioned a solid-state battery manufacturing plant in Maryland .
VR Score
77
Informative language
75
Neutral language
63
Article tone
formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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