Denmark-Based Topsoe Plans Chesterfield County, Virginia, Operations

URLhttps://www.areadevelopment.com/newsItems/4-26-202
SourceArea Development
Date Published04/26/2024

Additional Reshoring Information:

Company/Division name Topsoe
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):400
Country(ies) from which reshored:Denmark
City reshored to:Chesterfield County
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredsolid oxide electrolyzer cells/ clean hydrogen
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$136 million in tax credits
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