Heliene Reaches 900 MW in Total Manufacturing Capacity With $21 Million Expansion of Minnesota Facility

Date Published09/09/2021
Author NameAnnika Harper
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Heliene, Inc.
Parent companyHeliene, Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):21
Country(ies) from which reshored:Canada
City reshored to:Mountain Iron
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar panel manufacturer
What non-domestic negative factors made offshoring less attractive?Onsite audit cost
What domestic positive factors made reshoring more attractive?Government Incentives, State of Minnesota’s
Government Incentive dollar amount:5.5 million
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