NM manufacturing company gets $20M for clean hydrogen projects

URLhttps://www.abqjournal.com/business/nm-manufacturi
Sourceabqjournal.com
Date Published04/08/2024
Author NameMegan Gleason

Additional Reshoring Information:

Company/Division name Pajarito Powder,
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):15
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):20
City reshored to:Albequerque
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Electrical Equipment, Appliances & Components
Product(s) reshoredelectrolyzers, hydrogen fuel cells
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
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