Governor Shapiro Announces $4.5 Million Investment from Energy Storage Innovator Verne Inc. to Build Its First Manufacturing Facility in Lycoming County, Creating 61 Jobs and Growing Pennsylvania’s Clean Energy Economy

URLhttps://www.pa.gov/governor/newsroom/2025-press-re
SourceCommonwealth of Pennsylvania
Date Published07/10/2025

Additional Reshoring Information:

Company/Division name Verne Inc
Parent companyVerne Inc
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):61
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):4.5
City reshored to:Muncy
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredHydrogen storage vessels
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training, U.S. price of natural gas/chemicals/electricity
Government Incentive dollar amount: 1,270,000
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