Climeworks Proposes $50 Million Investment to Expand Louisiana’s Direct Air Capture Hub into Southwest Louisiana

URLhttps://www.opportunitylouisiana.gov/news/climewor
SourceLouisiana Economic Development
Date Published10/28/2024

Additional Reshoring Information:

Company/Division name Climeworks w/ Battelle
Parent companyClimeworks w/ Battelle
Reshoring category:Reshoring
Total number of jobs (added or to be added):140
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):50
City reshored to:Calcasieu Parish
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredDirect Air Carbon Capture
What domestic positive factors made reshoring more attractive?Automation/technology, Manufacturing/engineering joint innovation (R&D), Raw Materials Cost, Skilled workforce availability/training
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