Exclusive: Group backed by India's Vikram Solar to invest $1.5 billion in new US factories

Date Published06/23/2023
Author NameNichola Groom

Additional Reshoring Information:

Company/Division name VSK Energy LLC
Parent companyVikram Solar Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):900
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):250
Country(ies) from which reshored:India
City reshored to:Brighton
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar cells
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Proximity to customers/market, IRA
Government Incentive dollar amount:$9.1mil state tax incentives
Find Reshoring Articles