Canada's Heliene plans new US solar panel and cell factory

Date Published07/24/2023
Author NameNichola Groom

Additional Reshoring Information:

Company/Division name Heliene
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):145
Country(ies) from which reshored:Canada
City reshored to:Minneapolis-St. Paul
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar modules
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Proximity to customers/market
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