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Biden to mark IBM investment with Democrats in tough races

October 6, 2022

President Joe Biden is ready to celebrate a new $20 billion investment by IBM in New York’s Hudson River Valley with two House Democrats running in competitive races in next month’s critical midterm elections.

Biden is taking part in a Thursday afternoon announcement at the IBM facility in Poughkeepsie, New York. He is expected to hold out the company’s plans as part of what the White House says is a manufacturing “boom” spurred by this summer’s passage of a $ 280 billion legislative package intended to boost the U.S. semiconductor industry and scientific research.

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