WASHINGTON – Today, U.S. Senators Amy Klobuchar and Tina Smith (both D-Minn.) announced Cummins, Inc. received a tax credit allocation of $10,500,000 for investment in electrolyzer manufacturing and testing in Fridley, Minn., for its Accelera by Cummins zero-emissions business. This investment is expected to support more than 260 direct jobs and nearly 2,000 indirect jobs.
Electrolyzers separate water into oxygen and hydrogen, and when done using renewable energy, create carbon-free hydrogen that can be stored and used as a clean energy source. The funding comes from President Biden’s Inflation Reduction Act, which both Klobuchar and Smith supported.
“Minnesota has long been a hub for innovation and advanced manufacturing,” said Senator Klobuchar. “This investment in Cummins’s Fridley plant will create good paying jobs and ensure this critical technology continues to be made in America.”
“I always say that when it comes to transitioning to a clean energy economy, we can lead or follow—and I think we should lead,” said Senator Smith. “Through this investment in Fridley, the Biden Administration is creating thousands of good-paying jobs for Minnesotans and ensuring American manufacturing is a leader in the clean energy future. We’re investing in American workers while fighting climate change.”
“We are grateful to the Biden Administration and Senators Klobuchar and Smith for their investment in and support for accelerating the U.S. hydrogen economy,” said Alex Savelli, Managing Director of Electrolyzers for Accelera by Cummins. “Government partnership is critical to spur the growing hydrogen industry. This credit allows us to continue building manufacturing capability in Fridley, create desirable green tech and manufacturing jobs, and strengthen our ability to support customers as they transition to zero.”
Accelera by Cummins initially selected Fridley as the site of its electrolyzer manufacturing facility in October of 2022. In March of this year, Cummins received nearly $18,000,000 for a research and testing project to improve its electrolyzer manufacturing in Fridley from President Biden’s Bipartisan Infrastructure Law, which Klobuchar and Smith also supported. President Biden visited Cummins’ facility in April of 2023 alongside the Senators to tout the company as an example of the future of the United States’ clean energy economy.
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