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President Joe Biden is in Fridley, Minn. on Monday touring a Cummins facility as the company announced it will devote $1 billion in building cleaner engines.
Cummins intends to make investments the revenue in Indiana, North Carolina and New York, concentrating on building reduced-to-zero-carbon engines. More than half of medium and weighty-obligation vehicles in the U.S. use Cummins engines, and the upgraded amenities purpose to decarbonize transport vehicles throughout the nation.
Biden will tie the announcement in with his Investing in The us prepare, a established of insurance policies that aim to improve manufacturing in the U.S. with a concentration on clean up energy.
Cummins declared its preliminary expense in electrolyzer producing at the Fridley facility in October 2022, two months following Biden signed the Inflation Reduction Act. Electrolyzers are needed to produce thoroughly clean hydrogen, utilized to electricity certain autos and in metal production.
Organizations have committed to devote more than $2 billion in Minnesota because Biden’s inauguration, in accordance to the White Property.