William Lee

Why It Matters: A factory that has divided a town.Tesla’s decision to settle in Grünheide, which is in the state of Brandenburg, and the speed with which the factory was built — 861 days — has been a point of pride for local politicians in a country known for its onerous permitting processes.The factory, which opened two years ago, has also become an important driver of growth in the state, long one of the most economically challenged in Germany. Brandenburg recorded economic growth of 6 percent in the first half of 2023, largely driven by the 11,000 jobs at the…

In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production.The much ballyhooed project in Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data.Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers…