Biden's Manufacturing Boom Faces Delays

Hydrogen Projects Put on Hold

delays are policy driven Slow government rollout of Chips Act funding for semiconductor projects and lack.

Nel Hydrogen an electrolyser manufacturer has paused its 400mn factory project in Michigan due to uncertainty over. President Joe Biden signed the Inflation Reduction Act and the CHIPS and Science Act providing.

By Peter MiliosAugust 13 2024 0729 AM

Nearly 40 of the largest US Manufacturing investments announced during the first year. Of the nearly 228 billion of manufacturing projects worth more than 100 million that are subsidized by the presidents Inflation.

Some of the delays are policy driven Slow government rollout of Chips Act funding for semiconductor projects and lack. The delays come as the Biden administration begins dispensing the first major awards from a 39 billion pot of.

In 2023 the US manufacturing industry capitalized on the momentum generated by three significant pieces of legislation that. Companies have committed over 200 billion to new manufacturing projects since the bills passed according to..