Company/Division name | thyssenkrupp nucera USA Inc. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 50 |
Country(ies) from which reshored: | Germany |
City reshored to: | Houston |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | clean hydrogen and electrolysis |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies, Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | $50 million grant from D0E |