Governor Hochul Announces the Groundbreaking of Plug Power’s $55 Million Manufacturing Facility in Albany County

URLhttps://www.governor.ny.gov/news/governor-hochul-a
Sourcegovernr.ny.gov
Date Published03/08/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Plug Power Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1633
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):55
City reshored to:Slingerlands
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredGenDrive fuel cell systems
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$45 m
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