Presidential Visit Highlights Cummins' Innovation To Promote a Cleaner Environment

Cummins Inc

Cummins

President Biden visited Cummins Inc. in Fridley, Minnesota, this week (March 3) as part of the Administration's Investing in America tour, maintaining the Inflation Reduction Act passed by Congress in 2022 is fueling innovation and the clean energy economy.

The president spoke for some 30 minutes and toured the company's plant, which will soon be home to Accelera by Cummins' first U.S.-based manufacturing location for electrolyzers, a technology key to producing green hydrogen.

"Cummins will build the technology that produces clean hydrogen," the president said in remarks prepared for the visit. "Companies and utilities across the country will use those products to make clean hydrogen. And trucks made in America with zero-emission engines will be powered by clean hydrogen."

Coinciding with the visit, Cummins, a global power technology leader, announced that in addition to recent investments in Fridley, the company is investing more than $1 billion across its U.S. engine manufacturing network in Indiana, North Carolina and New York.

The investment will provide upgrades to those facilities to support the industry's first fuel agnostic engine platforms capable of running on low carbon fuels, including natural gas, diesel and eventually hydrogen, helping to begin decarbonizing the nation's truck fleets today.

"The electrolyzer production in Minnesota and investment in our Indiana, North Carolina and New York facilities are reflective of our dual path approach of advancing both engine-based and zero-emission solutions - an approach that is best for all of our stakeholders and our impact on the planet," said Cummins President and CEO Jennifer Rumsey. "We can't do this alone and are grateful for the continued partnership and collaboration with congressional leaders and the Biden Administration."

The Inflation Reduction Act included the largest investment in climate and energy in U.S. history. Cummins was an outspoken advocate for passage. Rumsey appeared at several forums voicing her support, including one where she joined Biden, General Motors CEO Mary Barra and U.S. Secretary of the Treasury Janet Yellen.

An electrolyzer splits water into hydrogen and oxygen. The hydrogen can be stored as a compressed gas or liquid and used as an energy-dense, clean power source to help decarbonize a variety of hard-to-abate sectors. Hydrogen is considered "green" if it is produced using renewable energy.

Cummins' Destination Zero strategy is designed to develop low- and no-carbon technologies for applications where it makes sense, while improving the company's core technologies so customers in applications that will take longer to decarbonize can begin reducing carbon immediately rather than wait.

Cummins Inc., Wednesday, April 5, 2023, Press release picture
 

Cummins Inc. employee Brandon Moore, Training Program Leader, introduced the president before his address at the company's Fridley, Minnesota, plant.

View additional multimedia and more ESG storytelling from Cummins Inc. on 3blmedia.com.

Contact Info:
Spokesperson: Cummins Inc.
Website: https://www.3blmedia.com/profiles/cummins-inc
Email: info@3blmedia.com

SOURCE: Cummins Inc.



View source version on accesswire.com:
https://www.accesswire.com/747816/Presidential-Visit-Highlights-Cummins-Innovation-To-Promote-a-Cleaner-Environment

News Provided by ACCESSWIRE via QuoteMedia

CMI:US
The Conversation (0)
Carbonxt Group (ASX:CG1)

Carbonxt Group


Keep reading...Show less
CoTec Holdings (TSXV:CTH)

HyProMag USA Enters Into Agreement with Global Electronics Recycler, Intelligent Lifecycle Solutions, for Feedstock Supply and Pre-Processing Site Share in South Carolina and Nevada

 CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec") and Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) ("Mkango") are pleased to announce a feedstock supply and pre-processing site share agreement between global electronics recycling company, Intelligent Lifecycle Solutions, LLC ("ILS"), and HyProMag USA, LLC ("HyProMag USA" or the "Project") (the "Supply Agreement").

  • ILS will secure and store neodymium iron boron ("NdFeB") feedstock from hard disk drives ("HDDs") and other sources for HyProMag USA at the ILS pre-processing sites in Williston, South Carolina and Reno, Nevada (the "ILS pre-processing sites") in advance of the commissioning of HyProMag USA's advanced stage rare earth magnet recycling and manufacturing plant to be located in Dallas-Fort Worth, Texas (the "DFW Hub")
  • ILS will utilise the INSERMA ANOIA SL ("Inserma") "3rd generation" HDD magnet separation system at its pre-processing sites. An exclusive agreement was signed between the HyProMag Group and Inserma in September 2024[i], and the Inserma technology is being rolled out across multiple jurisdictions
  • The improved Inserma units provide fast, efficient magnet separation from HDDs for Hydrogen Processing of Magnet Scrap ("HPMS") processing together with clean separation of the printed circuit board for immediate resale to 3rd parties
  • HyProMag USA is, inter alia, targeting HDD recycling geared to the growth of hyperscale data centers, which is expected to accelerate significantly in coming years
  • HyProMag USA will include the ILS pre-processing sites in its detailed design and engineering. The ILS pre-processing sites will be able to source multiple feed types to provide supply feed to the Project's magnet recycling and manufacturing hub in Dallas-Fort Worth. Other NdFeB feedstock sources being successfully processed to date by HyProMag include rotors from electric motors, wind turbine magnets, speaker assemblies and MRIs
  • The Supply Agreement is expected to be the first in several supply agreements to be entered into by HyProMag USA as the Project advances to construction and commissioning

ILS is a global electronics recycling company processing electronic waste. It is a full-service IT asset disposition, electronics recycling and scrap purchasing company and is fully compliant in ISO 14001:2015, ISO 45001:2018 and "Responsible Recycling R2v3 Recycler" at its USA locations. Through ILS, HyProMag USA will provide full traceability on its products to support the "closed loop" circular economy and critical mineral supply chains within the United States.

Keep reading...Show less
Field with windmills overlayed by Canadian flag.

3 Best-performing Canadian Cleantech Stocks of 2025

The global transition to a green economy has been a boon for the cleantech market — it's helping investment in renewable energy and clean technology continue to grow, allowing the sector to keep building momentum.

Though cleantech's long-term outlook is stable, the industry is facing challenges in western markets as US policy shifts have sparked climate finance concerns. With US leadership on climate finance appearing to recede, there's an opportunity for the Canadian market to take a leading role.

As we enter the second half of 2025, here’s a look at the best-performing Canadian cleantech stocks on the TSX and TSXV year-to-date; CSE companies were considered, but none made the list at this time.

Keep reading...Show less
Hands holding wooden gears with sustainability icons.

Cleantech Market Update: Q2 2025 in Review

The cleantech industry was once again at a crossroads in Q2, as political winds shifted.

Though the cleantech market's long-term outlook is stable, the industry faced challenges during the period as electric vehicle (EV) growth slowed in western markets and as US policy shifts fueled climate finance concerns.

At the same time, interest in energy storage, as well as the nuclear and geothermal sectors, was spurred by ever-increasing energy demand from the artificial intelligence space.

Keep reading...Show less
CoTec Holdings (TSXV:CTH)

CoTec Holdings Corp. Announces Third and Final Closing of Upsized Life Offering, Total Raise to Date of $12.4 Million

CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Corporation") is pleased to announce that it has completed a third and final closing (the "LIFE Closing") under its previously announced upsized offering under the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the "LIFE Offering"). As previously announced, the LIFE Offering is being conducted together with a concurrent private placement (the "Private Placement" and together with the LIFE Offering, the "Offering") of up to an aggregate of 17,948,717 units (each, a "Unit") at a price of $0.78 per Unit for aggregate gross proceeds of up to $14,000,000 (comprised of $9,000,000 under the LIFE Offering and $5,000,000 under the Private Placement). Each Unit consists of one common share in the capital of the Corporation (each a "Common Share") and one Common Share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $1.20 for a period of 18 months following the issuance of the Units.

Keep reading...Show less
Arrows and line graph ascending, symbolizing growth, with a car silhouette in the background.

EVs Emit 73 percent Less Than Gas Cars: Study

A new analysis from the International Council on Clean Transportation (ICCT) has found that battery electric vehicles (BEVs) sold in Europe today produce 73 percent fewer greenhouse gas emissions over their lifetime than comparable gasoline-powered cars

The findings are based on an updated life-cycle assessment (LCA) of all major vehicle powertrain types, including internal combustion engine vehicles (ICEVs), hybrids (HEVs), plug-in hybrids (PHEVs), battery electric vehicles (BEVs), and hydrogen fuel cell electric vehicles (FCEVs).

The report accounts for emissions from vehicle and battery manufacturing, energy production, use and maintenance, while crucially considering changes in the EU’s electricity mix over a car’s operational life.

Keep reading...Show less

Latest Press Releases

Related News

×