Versogen Sticks With Delaware For $4.8 M Expansion

SourceBusiness Facilities
Date Published06/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Versogen
Parent companyVersogen
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):49
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):4.8
City reshored to:Wilmington
State(s) reshored to:DE
If relevant, work nearshored to:-
Product(s) reshoredgreen hydrogen
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount: $601,723 grant funding
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