Topsoe has announced plans to build a new plant in Chesterfield County, Virginia. The Danish manufacturing company, which specializes in carbon emission reduction technologies, will invest $400 million into the project, generating 150 new jobs in the process. The new factory will manufacture solid oxide electrolyzer cells (SOEC), which are used in the production of clean hydrogen. The project will be supported by federal tax credits from the U.S. Department of Energy under the Qualifying Advanced Energy Project Credit (Section 48C). In addition, Topsoe will potentially benefit from the Port of Virginia Economic and Infrastructure Development Zone Grant Program.
What people are saying
In a recent quote, Roeland Baan, CEO at Topsoe, said, "We are thrilled to announce our plans for this new US facility. The US is positioning itself as a clean energy leader, and with strong support from individual states like Virginia the country's clean energy future looks bright. With our strong dedication to scientific research and innovation, we will help the US achieve its goals of driving down the cost of clean hydrogen and delivering clean energy jobs. Our collaboration with Virginia is just beginning. In addition to the economic benefits that our facility would bring to the area, we’re investing in STEM education to help the next generation of students prepare for the booming American clean energy economy.”
Virginia Governor Glenn Youngkin added, “I am thrilled that Topsoe has chosen the Commonwealth of Virginia for its new, state-of-the-art factory that will be key to scaling clean hydrogen production. Virginia’s robust workforce, strategic location, and top business climate provide the necessary tools for Topsoe to continue to grow as a leader in the clean energy industry. I also applaud Topsoe’s commitment to the next generation of Virginians with the launch of the Topsoe STEM Scholarship program that will drive the innovation pipeline for years to come."
Manufacturers investing in Virginia
Packaging manufacturer invests $37.4 million to expand operations in Virginia
The expansion will consist of building upgrades and new machinery added to its existing 200,000-square-foot facility.
Door and window manufacturer invests $10 million to establish new plant in Virginia
The new facility will be used to manufacture and assemble fiberboard and fiberglass doors and windows.
Mack Trucks spends $14.5 million to increase production at its Virginia facility
The facility will be expanded by 72,000 square feet to increase capacity for its medium-duty truck line.
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