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Friday, 02/19/2021 8:51:33 AM

Friday, February 19, 2021 8:51:33 AM

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Company to Establish 78,000 Square-Foot Facility in Honeoye Falls; Will Create up to 100 New Jobs

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ROCHESTER, N.Y., Feb. 19, 2021 /PRNewswire/ -- Hyzon Motors Inc. ("Hyzon" or the "Company"), the industry-leading global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, plans to further grow its operations in the Village of Honeoye Falls in Monroe County, New York, creating up to 100 new jobs over the next three years.

This follows Hyzon's announcement on February 9, 2021 that it plans to go public through a merger with Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB) in a deal that values the fuel-cell truck company at $2.7 billion.

Hyzon will renovate 78,000 square-feet of existing building space on Quaker Meeting House Road where the Company will manufacture next-generation fuel cells for heavy- and medium-duty commercial vehicles. Hyzon first established its US operations in 2020 in Honeoye Falls. The Company has developed hydrogen fuel cell stacks that can provide up 150kW of power and expect to launch fuel cell systems capable of 300kW in 2022.

Hyzon CEO Craig Knight said, "We are excited to announce our plans to build out a substantial manufacturing facility in the Rochester area, aided by great support from Empire State Development, Monroe County, and Greater Rochester Enterprise. Hyzon will be manufacturing industry leading fuel cell systems that have been proven in heavy trucks deployed internationally and commissioning zero emission trucks with zero compromise for fleet operators."
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