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Area Development - Site Selection, Facility Planning and Workforce Development

Verne Plans Muncy, Pennsylvania, Manufacturing Operations

07/24/2025
Energy storage company Verne Inc. plans to establish manufacturing operations in Lycoming County, Pennsylvania. The approximately $4.5 million project is expected to create 61 jobs.

The company’s new facility will be located at the Marcellus Energy Park and will manufacture hydrogen storage vessels.

“After conducting a nationwide search, we determined that North Central Pennsylvania was the perfect place to establish our manufacturing footprint. The proximity to key partners in the region was a crucial factor, as it will allow Verne to leverage their expertise to optimize our supply chain and manufacturing processes,” said Ted McKlveen, Verne Co-founder & CEO. “This facility will accelerate our impact in delivering energy to power critical industries that are currently not being served by our nation’s electricity grid.”

To support the project, the Pennsylvania Department of Community and Economic Development (DCED) provided the company with a funding offer that includes a $1 million Pennsylvania Industrial Development Authority (PIDA) loan, a $153,000 Pennsylvania First grant, and a $122,000 WEDnetPA grant to help train its new employees. The company can also apply for Research and Development tax credits, which could provide additional benefits.

“This investment in Verne is another example of how the Shapiro Administration is diversifying our energy sector while fostering innovation and supporting the Commonwealth’s vital manufacturing industry,” noted DCED Secretary Rick Siger. “It also shows what Governor Shapiro’s 10-year Economic Development Strategy is achieving — firmly establishing Pennsylvania’s status as a leader in innovation, economic development, and job creation.”

Verne provides modern energy distribution solutions for sectors including construction, data centers, drilling, ports and more. The company is supported by the U.S. Department of Energy and the U.S. Army.

“We are pleased to see Verne locating their first manufacturing operation here in Lycoming County at the Marcellus Energy Park,” added Jason Fink, President and CEO, Williamsport/Lycoming Chamber of Commerce. “Lycoming County and Pennsylvania are the perfect fit for this hydrogen sector development. We not only have the natural resources but also the talent required from in-state colleges and universities to support and grow with them. This is yet another example of how the local and regional economic development organizations work together with BusinessPA to get things done in bringing new industry to Pennsylvania.”

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