Vecima Networks (TSE:VCM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Vecima Networks is set to commence production of U.S.-made internet network electronics at MARA Technologies USA’s Michigan facility, aligning with the Build America Buy America requirements. This initiative, supporting the $42.45 billion BEAD program for broadband expansion, is expected to create around 100 new local jobs.
For further insights into TSE:VCM stock, check out TipRanks’ Stock Analysis page.