Company/Division name | NovoHydrogen |
Parent company | NovoHydrogen |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Capital investment ($): | 20 |
City reshored to: | Centennial |
State(s) reshored to: | CO |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals, Machinery |
Product(s) reshored | onsite and near-site green hydrogen projects |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | U.S. price of natural gas/chemicals/electricity |