World's First Gigafactory for Proton Exchange Membrane Technology Coming to New York

URLhttps://www.thomasnet.com/insights/world-s-first-g
SourceThomas.net
Date Published02/05/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Plug Power Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):377
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):125
City reshored to:Henrietta
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredhydrogen fuel cell systems
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$13 million in state tax credits
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