Verne Inc. Chooses Pennsylvania for First Manufacturing Facility, Solidifying State's Position in Clean Energy and Advanced Manufacturing
Key Ideas
- Verne Inc. will establish its first manufacturing facility in Pennsylvania, creating 61 new full-time jobs and contributing to the state's leadership in clean energy and advanced manufacturing.
- The company's innovative process of storing hydrogen in a cold-and-compressed state will enhance the efficiency of transporting the gas in larger volumes, benefiting Pennsylvania's energy sector.
- The project received support from the Department of Community and Economic Development, demonstrating the state's commitment to fostering innovation, economic development, and job creation.
- Governor Shapiro's BusinessPA team facilitated the investment, showcasing the state's dedication to helping businesses succeed through tailored guidance, partnerships, and financial resources.
Verne Inc., a California-based energy storage innovator, announced the opening of its first manufacturing facility in Pennsylvania, a $4.5 million project that will generate at least 61 new full-time jobs in Lycoming County. The company's decision to choose Pennsylvania over other states for this manufacturing facility solidifies the state's position in clean energy and advanced manufacturing. Verne has developed a process to increase hydrogen density by storing the gas in a cold-and-compressed state, making transportation more efficient. The Department of Community and Economic Development provided funding support for the project, highlighting Pennsylvania's commitment to innovation and job creation. Verne's partnership with local manufacturers will leverage expertise in critical processes to manufacture hydrogen storage vessels, contributing to Pennsylvania's energy sector. The state's BusinessPA team, led by Governor Shapiro, played a key role in facilitating the investment. The sentiment of the article is positive, showcasing Pennsylvania's competitiveness and business-friendly environment in attracting cutting-edge companies like Verne. This project aligns with Governor Shapiro's Economic Development Strategy, aiming to boost the state's competitiveness and support workforce development.