Heliene president opens up on US manufacturing plans post-IRA

Date Published09/08/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Heliene
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):21
City reshored to:Mountain Iron
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredPV modules
What domestic positive factors made reshoring more attractive?Government Incentives, Inflation Reduction Act
Government Incentive dollar amount:$9.25 million
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