The logo for Norwegian company Nel is displayed at their facility in Heroya, Norway, on April 20, 2023. Nel makes devices that take water and split it into hydrogen and oxygen, known as electrolyzers, as well as fueling stations. (AP Photo/Trond R. Teigen) (Trond R. Teigen, Trond R. Teigen / NTB)
PLYMOUTH TOWNSHIP, Mich. – A new “gigafactory” is coming to Plymouth Township, bringing more than 500 jobs.
The company Nel Hydrogen said the factory will drive down the cost of hydrogen, which is used across several industries, including refining and agriculture. CEO Håkon Volldal said the company chose Michigan because of what the state could offer -- its workforce, financial incentives and collaboration among the universities and institutions.
The cost of the project is estimated to be $400 million.