More Investment, Manufacturing Coming to America

More good news is heading for American manufacturing next year: Both Tesla and Panasonic decided to create hundreds of jobs and begin production at a factory in Buffalo, New York, according to a statement Tuesday.

Tesla, an electric auto-manufacturing company, and Panasonic, a Japanese electronic manufacturing company, announced they had reached an agreement to collaborate on a solar project. Panasonic will invest in the Buffalo production facility, while Tesla promised a “long-term purchase commitment” to Panasonic.

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