FDI
British Hydrogen Company Expands to Germany
ITM Power, which is headquartered in Britain, is coming to the western German town of Linden, north of Frankfurt.
Jul 20, 2023
ITM Power is opening a facility there in October 2023. The company is a leading manufacturer of large-scale electrolyzers.
The expansion will allow ITM to better serve customers’ needs for maintenance and repairs. Linden will also become the home of the company’s new global and industrial Internet of Things team.
“This expansion in Germany will not only support responsive aftersales in the heart of the EU as our core market today, but will also be home for various business functions that are enablers for ITM’s accelerated growth,” said CEO Dennis Schulz in a statement. “As we are scaling our operations, this is a major step in gearing up for an increasing degree of local content creation in the EU.”