Hydrogen Fuel Cell Maker Nel ASA Gets Another $75 Million in Michigan

URLhttps://www.manufacturing.net/contact-us/contact/2
Sourcemanufacturingnet.com
Date Published03/13/2024
Author NameDavid Mantey

Additional Reshoring Information:

Company/Division name Nel ASA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):75
Country(ies) from which reshored:Norway
City reshored to:Plymouth
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectrolyzers for hydrogen
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$75 million
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