Biden announces $54M Siemens investment, planned US factory jobs

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President Biden joined the CEO of Siemens USA to announce a $54M investment to produce equipment for electrical infrastructure, creating 300 more jobs at California and Texas sites.

President Joe Biden joined with the CEO of technology company Siemens USA to announce a $54 million investment to produce equipment for the electrical infrastructure on March 4, 2022.has been pushing for more U.S. factory jobs — and he was joined Friday by the CEO of technology company Siemens USA to announce a $54 million investment in producing equipment for the electrical infrastructure.

"We’re seeing more jobs, more hope," Biden said. "And we’re also seeing something else: the rebirth of pride, the rebirth of pride that comes from stamping products ‘Made in America.'" Biden has leaned heavily into the manufacturing sector as a source for economic growth and national pride. The White House previously highlighted plans by Intel to open a $20 billion plant in Ohio and General Motors committing $7 billion to create 4,000 jobs for making electric vehicles in Michigan.

 

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Biden to announce $54M Siemens investment, planned US factory jobsThe Siemens USA investment will lead to 300 additional jobs at locations that include California and Texas, an official said. FOX13
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