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Biden to announce Siemens investment, planned factory jobs

Posted on AllSides March 4th, 2022
From The Left
economic policy, manufacturing, Joe Biden
AP Photo/Patrick Semansky

President Joe Biden has been pushing for more U.S. factory jobs — and he’ll be joined Friday by the CEO of technology company Siemens USA to announce a $54 million investment in producing equipment for the electrical infrastructure.

The investment will lead to 300 additional jobs at locations that include California and Texas, according to senior Biden administration officials who insisted on anonymity to preview the event on the White House campus. Siemens USA CEO Barbara Humpton is among several manufacturing executives who’ve met with Biden in recent weeks to...

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