Cummins investing $1 billion in plant upgrades as Biden plans visit Monday

URLhttps://www.marketwatch.com/story/cummins-investin
SourceMarket Watch
Date Published04/03/2023
Author NameSteve Gelsi
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Cummins
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Capital investment ($):1000
City reshored to:Fridley
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Chemicals, Machinery, energy
Product(s) reshoredelectrolyzer technology for hydrogen production
What domestic positive factors made reshoring more attractive?Government Incentives, President Joe Biden
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