Electric Hydrogen Announces Gigafactory in Devens, Massachusetts to Enable Ultra Low-Cost Green Hydrogen Production

URLhttps://www.businesswire.com/news/home/20230504005
SourceBusinessWire
Date Published05/04/2023

Additional Reshoring Information:

Company/Division name Electric Hydrogen Co.
Parent companyElectric 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) reshoredindustrial-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
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