Logistics & Supply Chain | Location: Fort Worth | Entities: Wing

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A new factory in Fort Worth anchors a $125 million, two-year investment by drone delivery company Wing for producing next-generation aircraft in the U.S.

Wing said the 15,000-square-foot manufacturing plant will employ up to 100 people and enable the company to produce tens of thousands of drones each year....

Mark Templin, the current COO of Plano-based Toyota Motor North America, will become president and CEO effective Jan. 1, the automaker said.

Templin will succeed current President and CEO Tetsuo “Ted” Ogawa, who will return to be a senior fellow at parent company Toyota Motor Corp....