Hydro awarded $17.4M tax credit for HyForge project in Kentucky

Hydro received a $17.4 million tax credit from the U.S. Department of Energy for the HyForge project at its Henderson, Kentucky aluminum recycling plant. The project will expand capacity by 28,000 tonnes per year and supply the U.S. automotive market with low-carbon forging stock.

“This award acknowledges not only the groundbreaking technologies being deployed by Hydro, but also broad support from local and regional stakeholders for Hydro’s continued investment in the Henderson community.”hydro.com

• 1 source
• hydro.comHydro awarded USD 17.4 million to bring cutting edge products to the U.S. automotive industry | HydroJan 16, 2025

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