investing

Companies invest $470 billion under President Biden

The White House announced that 17 states have seen the largest private sector investment in their state’s history EVER under the Biden Administration: Arizona, Arkansas, Georgia, Idaho, Kansas, Kentucky, Mississippi, New Mexico, New York, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, West Virginia, and South Dakota.

Since the President took office in 2021, companies have committed over $470 billion in private sector investments – representing over 270 projects – across the country. These investments are creating good-paying jobs, including union jobs and jobs that don’t require a four-year degree, in industries that will boost U.S. competitiveness, rebuild infrastructure, strengthen supply chains, and help build a clean energy economy. This includes over $225 billion for clean energy, electrical vehicle, and battery projects, over $200 billion for semiconductor-related projects, and over $15 billion in critical biomanufacturing projects. 

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