The Iron Range may soon be home to one of the largest solar panel manufacturing facilities in the country

URLhttps://www.minnpost.com/greater-minnesota/2021/09
SourceMinn Post
Date Published09/10/2021
Author NameWalter Orenstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Heliene, Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):21
Country(ies) from which reshored:Canada
City reshored to:Mountain Iron
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar panels
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity, Biden
Government Incentive dollar amount:$9 million
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