HHO Carbon Clean Systems Plans McCracken County, Kentucky, Production Plant
07/05/2022
The company will construct a new manufacturing facility at a location to be determined in the Paducah area. HHO will expand production of mobile carbon cleaning systems that improve fuel efficiency of diesel engines and introduce a new product line of hydrogen-based torches, according to local officials.
“We see ourselves as the leading on-demand hydrogen solutions company in the country, not only tackling the challenges of automotive maintenance and repair, but also offering effective solutions where fuel costs have simply become untenable,” said HHO founder Jared English. “HHO’s products and services offer increased fuel mileage, cost savings on replacement and repair, decreased emissions and safe alternatives to compressed combustibles. We are excited to continue our growth while offering opportunities to Western Kentucky.”
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $600,000 in tax incentives based on the company’s investment of $6.65 million and annual targets of creation and maintenance of 35 Kentucky-resident, full-time jobs across 15 years, and paying an average hourly wage of $27.50 including benefits across those jobs.
Additionally, KEDFA approved the company for up to $50,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, HHO can receive resources from Kentucky’s workforce service providers.
“I want to welcome HHO Carbon Clean Systems to the commonwealth as this young but rapidly growing company creates dozens of new jobs for residents in Paducah and the surrounding region,” said Governor Andy Beshear. “This is an innovative company focused on sustainable practices, and its leaders clearly have a great vision for the future. I can’t wait to see HHO succeed in Kentucky.”
HHO Carbon Clean Systems can perform hydrogen carbon cleaning on any gasoline or diesel engine, whether mobile or static, removing carbon buildup on a wide range of engine components. The company’s patent-pending torches provide a safer alternative to traditional acetylene torches, which require storage of compressed gas and can emit harmful greenhouse gases.
“Environmental sustainability, managing energy costs and speed to market are key drivers for today’s consumers,” added Bruce Wilcox, president of Greater Paducah Economic Development. “HHO Carbon Clean Systems’ decision to locate in our community checks all of those boxes. It’s a win not only for the company, but also for our community, HHO’s customers and our environment.”
Additionally, leaders at HHO are in the early stages of developing hydrogen-powered generators for passenger vehicles that will help to lower emissions and increase fuel mileage. Also, through a strategic partnership with an industrial heating and air conditioning provider, HHO is developing generators that work in tandem with solar arrays to provide heating and cooling services to homes with zero emissions.
Project Announcements
Japan-Based YKK AP America Plans Macon, Georgia, Manufacturing Center
08/19/2022
CF Industries Holdings-Mitsui Plan Ascension Parish, Louisiana, Carbon Capture Ammonia Plant
08/19/2022
Sub-Zero Group Establishes Cedar Rapids, Iowa, Light Manufacturing Plant
08/19/2022
WuXi STA Establishes Middletown, Delaware, Pharmaceutical Manufacturing Campus
08/18/2022
Cargill Upgrades St. Martin Parish, Louisiana, Operations
08/18/2022
Pet Supplies Plus Plans Orangeburg County, South Carolina, Distribution Hub
08/18/2022
Most Read
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
In Focus: “Golden Age” of Spec Development
Q3 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Using Robust Project Controls to Enhance Project Management
Q3 2022
-
Explosive Growth of Life Sciences Sector Comes with Challenges
Q3 2022