# 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.

- Type: Investment
- Announced: 2025-01-16
- Where: Henderson, Kentucky, United States
- Value: $17.4M
- Status: announced
- Capacity: 28,000 tonnes per year
- Products: low-carbon aluminum forging stock, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hydro Inc.](https://endata.com/companies/1478.md)

## Sources

- [hydro.com](https://www.hydro.com/us/us/media/news/2025/hydro-awarded-usd-17.4-million-to-bring-cutting-edge-products-to-the-u.s.-automotive-industry), 2025-01-16: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.