ICYMI: Biden Boom Continues: Another Week of Massive Private Sector Investments in American Manufacturing

The White House

This week, we saw more evidence that an American manufacturing boom-thanks to the President's economic agenda-continues to take hold all across the country.

  1. Boeing announced one of the largest orders in the company's history: a purchase of over 200 aircraft through an agreement between Air India and Boeing valued at $34 billion at list price. The purchase will support over one million American jobs across 44 states, and many of those jobs won't require a four year degree.
  2. Ford announced it will build a $3.5 billion factory in Marshall, Michigan that will employ at least 2,500 workers to make advanced batteries for electric vehicles.
  3. Texas Instruments announced it would build a new, $11 billion semiconductor plant in Lehi, Utah. manufacturing in Utah.

These investments-which build on the hundreds of billions of dollars in private investment announced since President Biden took office-will lead to good-paying jobs that American can raise a family on, the revitalization of entire communities that have often been left behind, and America leading the world again in the industries that drive the future.

As President Biden often asks, "Where is it written that the United States of America can't be the manufacturing capital of the world?"

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