Watertown solar manufacturing plant project could start by October

URLhttps://www.nny360.com/communitynews/business/wate
SourceNNY 360
Date Published07/09/2021
Author NameCraig Fox
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Convalt Energy
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):290
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):63.1
City reshored to:Watertown
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar panels, rooftop solar
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Other, import replacement
Government Incentive dollar amount:$30 million
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