Nel Hydrogen Will Build $400M Gigafactory In Southeast Michigan

URLhttps://businessfacilities.com/nel-hydrogen-will-b
SourceBusiness Facilities
Date Published09/27/2023

Additional Reshoring Information:

Company/Division name Nel Hydrogen
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):517
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):400
Country(ies) from which reshored:Norway
City reshored to:Plymouth Charter Township
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredgreen hydrogen using electrolyzer technology
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$16.25 million
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