Biden trumpets his economic plans in Minnesota after Cummins announces $1 billion investment
Publishing timestamp: 2023-04-03 16:26:13
Summary
President Biden visited Cummins facility in Minnesota as the company announced a $1 billion investment in creating low-to-zero-carbon engines. The investment will be made in Indiana, North Carolina, and New York. Biden tied the announcement to his Investing in America plan, which aims to boost manufacturing in the US with a focus on clean energy. Cummins had previously announced its investment in electrolyzer manufacturing at its Fridley facility in October 2022, which will be used to create clean hydrogen for certain vehicles and steel production. Companies have committed to investing more than $2 billion in Minnesota since Biden's inauguration.
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Keywords: business, pharmaceuticals, disease outbreaks, cummins inc, pandemics, epidemics, markets, biotechnology, biotech and pharmaceuticals, business news, environment, coronavirus, joe biden, coronavirus: sia, politics, health care industry,
Source: https://www.cnbc.com/2023/04/03/watch-live-biden-speaks-in-minnesota-at-cummins-facility.html