Clean tech startup raises $7 million to ramp up manufacturing in Buffalo

SourceImpact Alpha
Date Published07/03/2018
Author NameJessica Pothering
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Green Machine Equipment
Parent companyGreen Machine Equipment
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):28
Year reshoring announced:2018
Capital investment ($):7
City reshored to:Buffalo
State(s) reshored to:NY
If relevant, work nearshored to:-
Product(s) reshoredbattery-powered industrial machinery
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:1.4 million Loan
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