FORTESCUE FUTURE INDUSTRIES MAKES MAJOR INVESTMENT IN AMERICAN GREEN ENERGY JOBS WITH PURCHASE OF PHOENIX HYDROGEN HUB

URLhttps://www.azcommerce.com/news-events/news/2023/7
Sourceaxcommerce.com
Date Published07/30/2023
Author NameAlyssa Tufts

Additional Reshoring Information:

Company/Division name Fortescue Future Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):24
Country(ies) from which reshored:Australia
City reshored to:Buckeye
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredgreen hydrogen
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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