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State officials estimated the company would create 13,000 direct and indirect jobs and generate $760 million in tax revenue over 20 years, he said.

Of manufacturers planning to add production capacity over the next five years for goods consumed in the U.S., more plan to add that capacity in the U.S. than in any other country—a sharp reversal since as recently as two years ago. And a rising percentage of U.S.-based executives at the manufacturers say they are already in the process of reshoring production work from China. These are among the findings of new research released today by The Boston Consulting Group (BCG).

Los Angeles-based Hyperloop Technologies Inc. has signed agreements to locate its Propulsion Open Air Test on about 50 acres in the Apex Industrial Park. Hardware for the facility is expected to begin arriving later this month. . . “Hyperloop Technologies will invest first in regions where we receive government advocacy to move fast,” Lloyd said, thanking Sandoval, state Economic Development Director Steve Hill and North Las Vegas Mayor John Lee for their support for the project.

A coalition of labor and community groups stepped up its battle with a Chinese-owned company that manufactures electric vehicles in Los Angeles County on Tuesday, accusing the firm of breaking promises and failing to provide safe “living wage” jobs with the tens of millions of dollars the firm has received from government contracts and other public investment.

Isola Group is closing its Elk Grove manufacturing location. The cost: 72 jobs.

Speculation has swirled around the debut of another entrant into California’s crowded, cutting-edge automotive industry. The company, known as Faraday Future, “has been hunting for a place to build what it says will be a $1 billion manufacturing plant for a new line of cars,” reported the San Francisco Chronicle. “Four states are contenders and the company says to expect an announcement within weeks.”

The unique, quality products are sold to more than 600 stores in the United States and Nordstrom’s. Woof & Poof has been in Chico for 40 years, but that’s about to end. Hart says a raise in minimum wage and workers compensation are just a couple of issues that have made it difficult to keep the business financially afloat here. Hart said, “The high cost of doing business in California coupled with ridiculous regulatory environment makes it virtually impossible to do business.” He says he has seen an 11% hike in payroll.

Faraday said it plans to sell its first vehicle in 2017 and is eyeing factory locations including California, Georgia, Louisiana and Nevada.

The closures will eliminate about 2,600 jobs. Production will shift to other factories in North America, Michael Mullen, senior vice president of corporate and government affairs, said Wednesday. . . Other factories to be closed are in San Leandro, Calif.; Federalsburg, Md.; St. Marys, Ontario, Canada; Campbell, N.Y.; Lehigh Valley, Penn.; and Madison, Wis.

The Institute for Supply Management’s gauge of manufacturing activity fell to 50.1 from 50.2 in September, the purchasing managers’ group said Monday. Readings above 50 indicate expansion. The reading was the weakest since May 2013 and indicates that the sector barely skirted a contraction in October.

San Ramon-based Chevron Corp. (NYSE: CVX) said that it would cut up to 7,000 jobs as its drastically reduces spending for 2016.

Dreams that solar manufacturing might take root in San Diego have faded as French solar company Soitec shuttered its Rancho Bernardo assembly line and seeks to sell off related assets, including permits for two local solar farms that never came to fruition.

Long Beach’s Medway Plastics Corp. is expanding its manufacturing and relocating its research and development operations to the Lone Star State, according to Texas economic development agencies and Medway.

Tesla has confirmed reports that the falcon-winged all-electric SUV, because of its gross vehicular weight, may qualify for a federal tax break designed for heavy equipment. 

The San Mateo, Calif., company will begin producing the first modules in small quantities this month at its pilot facility, but the majority of the new solar panels will ultimately be made at the company’s major facility in Buffalo, N.Y.