Exclusive: Hydrogen fuel tech firm GenH2 to create jobs at new Space Coast manufacturing site
GenH2 Corp. will create new jobs on the Space Coast after its acquisition of Titusville-based Pratt Plastics.
GenH2, a Titusville-based company that focuses on the production, storage and dispensing of hydrogen fuel, is transforming the former plastic manufacturing site into its fabrication center. GenH2 will increase its local headcount from 27 employees to 100, founder and CEO Cody Bateman told Orlando Business Journal.
This growth was set in motion by GenH2’s Jan. 24 purchase of Pratt Plastics, which occupied 1.1 acres at 1325 White Drive, for an undisclosed sum. The acquisition was announced on Feb. 22.
Founded in 2020, GenH2 is betting on a rise in the use of hydrogen fuel, long viewed as an alternative to fossil fuels. The purchase of Pratt Plastics grants GenH2 access to high precision, automated CNC machinery and laser cutters the company will use to commercialize its hydrogen fuel infrastructure.
Previously, the highly automated Pratt Plastics facility would bring on contractors as needed, with its team fluctuating between two and nine people. However, that team will grow after the acquisition, GenH2 Vice President of Fabrication and Manufacturing and former Pratt Plastics owner Richard Pratt told OBJ.
“By joining GenH2, the demand for work most definitely will expand going forward and in the foreseeable horizon, we could see the numbers on our manufacturing and fabrication team growing to 25-30 people.”
This is GenH2’s latest expansion in Brevard County. The company in September announced plans to spend $35 million to establish its headquarters in Titusville. The first phase of the headquarters is expected to wrap up in the early part of this year. By then, GenH2 will employ more than 60 people across its Titusville facilities, Bateman said.