Company/Division name | Electric Hydrogen Co. |
Parent company | Electric Hydrogen Co. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
City reshored to: | Devens |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | industrial-scale hydrogen electrolyzer technology |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Govt. Policy and subsidies, Lead time/Time to market, Proximity to customers/market, Under-utilized capacity, IRA and Bipartisan Infrastructure Law |