Four to receive $85m in heat pump funding

URLhttps://www.coolingpost.com/world-news/four-to-rec
SourceCooling Post
Date Published08/08/2024

Additional Reshoring Information:

Company/Division name Bitzer
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):5
Country(ies) from which reshored:Germany
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredscroll compressors for heat pumps
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$5 million
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