New $100Mln Factory Near Dallas To Manufacture Advanced Technologies - Raytheon
Daniyal Sohail Published September 24, 2021 | 01:40 AM
WASHINGTON (UrduPoint News / Sputnik - 24th September, 2021) A new 178,000 square foot "intelligent" factory complex being built at Mc Kinney in the US state of Texas will focus on developing new digital products and high tech manufacturing processes, Raytheon Intelligence & Space (RI&S) said on Thursday.
"RI&S opened a new 178,000-square-foot Advanced Integration and Manufacturing Center at its McKinney, Texas location" the company said in a press release. "The center is a result of a $100 million investment from the McKinney Economic Development Corporation."
RI&S described the new facility as a new intelligent manufacturing facility and said it was already generating 500 skilled new jobs.
"Our new Advanced Integration and Manufacturing Center and plans for greater expansion reflect a deliberate strategy to transform ourselves by investing in new digital capabilities. We are laser focused on improving our agility," RI&S� President Roy Azevedo said.
RI&S is also planning to build a 400,000-square-foot factory, lab and office space at its McKinney campus to develop, build, test and deliver more advanced technology by 2025 that will generate another 700 jobs, the company said.
Related Topics
Recent Stories
Chaudhary Parvez Elahi shifted from Rawalpindi to Lahore
Pakistan, China agree to promote cooperation in areas of information, culture
USCIRF’s report as faulty, non-reflective of ground realities in Pakistan: FO
TECNO answers to his Fans!! Price Drop to 55K?
Edotco Delegation Visits PTA
Qatar’s MoS for Foreign Affairs arrives in Islamabad
Seven labourers from Punjab shot dead in Gwadar
Nation will never forget criminals of 9th May who attacked state for politics: P ..
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 9 May 2024
Today Gold Rate in Pakistan 09 May 2024
IHC adjourns PTI founder, Qureshi's appeal till Thursday
CDWP recommends 3 projects to ECNEC for approval
More Stories From Technology
-
TECNO answers to his Fans!! Price Drop to 55K?
4 hours ago -
Edotco Delegation Visits PTA
4 hours ago -
Over 14,000 Livestock Department employees’ profiles digitized via PITB developed Human Resource M ..
1 day ago -
50MP is Better than 200MP?
1 day ago -
"The New realme Note 50 Breaks Sales Records for The Month of April”
2 days ago -
Vivo Y100 is Now Available in Pakistan with Color Changing Design & 80W FlashCharge
2 days ago
-
Pre-Order Your Coolest vivo Y100 Today
3 days ago -
European companies show interest in investing in Pakistan’s IT sector
5 days ago -
Awais Leghari felicitates nation on launching of 1st lunar mission ‘ICUBE-Q’
6 days ago -
TECNO launches the new CAMON 30 Series in an extravagant Vogue Night.
7 days ago -
Vivo Launched Y100 Smartphone in Pakistan with Unique Color Changing Design and 80W FlashCharge
7 days ago -
Co-Working Center launched in Okara under PITB’s e-Earn program
9 days ago