Heliene Secures $50 Million Tax Credit Transfer to Boost US Solar Manufacturing

URLhttps://manufacturing-today.com/news/heliene-secur
SourceManufacturing Today
Date Published09/01/2024

Additional Reshoring Information:

Company/Division name Heliene
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:Canada
City reshored to:Mountain Iron
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar cells
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount: $50 million tax credit transfer
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