Hyperion Companies, Inc., a leader in green hydrogen technology, said today that it will relocate its headquarters from Southern California to a 65-acre campus on Columbus’ west side. In addition to manufacturing activities, the building will include a research and development center.
Hyperion will spend more than $297 million on the new plant, which will produce its next-generation hydrogen fuel cell, which will power its new range of stationary and mobile energy storage devices, including the XP-1 hypercar. Over the following six years, the investment will create more than 680 net new full-time permanent jobs, with an annual payroll of up to $58 million. Hyperion was founded in Columbus in 2011, and its comeback coincides with the arrival of other hydrogen technology companies and manufacturers in the city.
Angelo Kafantaris, the CEO of Hyperion and a native of Ohio, stated, “We are ecstatic to return our hydrogen technology back to Columbus, where it all began, after ten years of research. We were able to test and enhance our fuel cell technology by building the XP-1, allowing us to produce the most sophisticated green hydrogen fuel cell stack for a variety of applications. Hydrogen offers significant long-term, zero-emission potential for the energy industry, and will be one of the most powerful weapons in decreasing carbon emissions on a worldwide scale, because to its capacity to store large amounts of electric energy.”
According to Mayor Andrew J. Ginther, “Hyperion will bring a new wave of investment and activity to Westland, the Hilltop, and beyond, bringing opportunity to residents in Westland, the Hilltop, and beyond. Columbus’ west side has always been a hub for manufacturing and innovation, and Hyperion will bring a new wave of investment and activity that will create opportunity for residents in Westland, the Hilltop, and beyond. Columbus’ public and private sectors are dedicated to being pioneers in clean energy, technology, cutting-edge manufacturing, and the future of mobility, and I am thrilled that Hyperion will be a part of that progress.”
JobsOhio president and CEO J.P. Nauseef stated, “Hyperion Companies, Inc. has invested significant resources in developing cutting-edge solutions in advancing this technology to support the automotive, transportation, and energy storage industries. Ohio is poised to lead in the development of hydrogen fuel cells, and Hyperion Companies, Inc. has invested significant resources in developing cutting-edge solutions in advancing this technology to support the automotive, transportation, and energy storage industries. As Hyperion pushes through with plans to create a new headquarters and R&D center in the Columbus Region, JobsOhio aims to give support following the company’s accomplishment of operational milestones.”
Because the layout and operations of the highly advanced roll-to-roll printing hub resemble those of a high-yield fuel cell membrane coating process, Hyperion opted to renovate the historic building that originally housed the Columbus Dispatch’s printing operations. Hyperion will be able to fast track its operations and begin production in 2023 because to the building’s perfect technological capabilities, the hydrogen supplier network currently in place in Ohio, and the depth of local R&D expertise.
