Company/Division name | Hydro-Temp Corporation with Energy Catalyst |
Parent company | Hydro-Temp Corporation with Energy Catalyst |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 80 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 21 |
City reshored to: | Pocahontas |
State(s) reshored to: | AZ |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | heat pumps |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Social/ethical concerns, Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Government Incentives, Higher productivity, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, Defense Production Act |
Government Incentive dollar amount: | $11mil |