Demand from US datacenter boom radiates out through factory supply chains
News Source : Yahoo Entertainment
News Summary
- Generac is spending $250 million by the end of next year to equip factories to make beefed-up versions of its generators for data centers.
- Other winners in the race to build new data centers include manufacturers of cooling systems, electrical transformers, and construction machinery.
- u.s. factories added 5,000 jobs in July, according to the Labor Department, bringing the total for the year to 31,000.
- Some companies are holding back on expansions, fearing the bubble might burst, even while they reap the benefit of having products in high demand.
By Timothy Aeppel Aug 19 (Reuters) Generac is best known for making backyard generators that rumble to life after power failures. But artificial intelligence is its new frontier.
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