Biden goes to Minnesota to celebrate truck engine maker's $1 billion ‘green' energy investment
Cummins CEO praised Democrats for legislation like the Inflation Reduction Act as "critical" to the climate change agenda
President Joe Biden travelled Monday to Minnesota to help the Cummins – the producer of about half of the large truck engines on the road, celebrate its commitment to put $1 billion toward designing and building cleaner engines.
The company will invest $1 billion across its manufacturing network in Indiana, New York and North Carolina to produce low-emissions options.
"In just a few weeks, we will begin manufacturing one of the key pieces of technology for green hydrogen production that will help decarbonize our economy and drive the clean energy transition – the electrolyzer," Cummins CEO Jennifer Rumsey said. "Support from the Biden administration and Congress with legislation like the Bipartisan Infrastructure Law and Inflation Reduction Act are driving the clean energy economy forward in the United States and critical to our decarburization efforts."
She spoke at Cummins' power generation facility in Fridley, Minnesota, where the company will produce devices to harness hydrogen energy and was joined by Biden.
"When Cummins first manufactured hydro electrolyzers, they had to make them overseas," Biden said. "These are the machines that make clean hydrogen, a renewable energy, used to power our economy from clean cars to trucks to steel to cement manufacturing,” Biden said. “But now, thanks to the Inflation Reduction Act, with the tax credits for renewable energy, Cummins is going to manufacture these electrolizers here in America for the first time."
The announcement about Cummins’ investment was tied in with Biden’s latest stop on his "Investing in America" tour in which he is campaigning on green energy, American manufacturing and tout so-called economic progress.