Sunday, November 27, 2022

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President Biden will push for an assault weapons ban, Ye will run for President in 2024, Republican House leader Kevin McCarthy is still trying to secure votes to be speaker, and the U.S. eases some oil sanctions on Venezuela.

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CHIPS Act Expected to Boost Ohio Technology, Manufacturing

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Friday, August 5, 2022   

President Joe Biden will sign the CHIPS and Science Act Tuesday, a landmark measure lawmakers say could create thousands of jobs here in the Buckeye State.

Supporters of the $280 billion package say it will encourage domestic semiconductor manufacturing and strengthen supply chains. And it could mean an even bigger investment from Intel, which is already spending $20 billion on a new computer-chip facility near Columbus.

Christina Muryn, mayor of Findlay, predicts it will have a ripple effect on the entire state.

"We also have a lot of manufacturing, which requires microchips and semiconductors, with a lot of automotive suppliers nearby," Muryn pointed out. "One key area is supporting the industries that are already here and helping ensure that there's stability within their market."

The Intel facility is expected to create 20,000 jobs, and the company has hinted even greater investments are possible with passage of the CHIPS and Science Act. Despite the technology being created in the U.S., about 90% of current manufacturing is overseas. Not all Republicans voted for the bill, however, citing concerns about its focus on increasing diversity in research and STEM fields.

The legislation includes funding for training, research and workforce development. Muryn emphasized Ohio needs to ensure it creates an environment to attract young professionals interested in going into technology and manufacturing fields, and supporting educational opportunities.

"Whether that means looking at educational programs in K-12 or in higher ed, and partnering with apprenticeship programs," Muryn suggested. "Continuing to ensure that we're supporting not only front-line manufacturing but also, higher-tech positions and professional degrees is going to be really critical."

Other measures in the bill could help level the playing field by including more underrepresented groups and companies in CHIPS-funded projects, and diversifying STEM research capacity at minority-serving institutions. It will also promote clean-energy innovation in diverse geographic areas and provide block grants for economic development in underserved communities.

Support for this reporting was provided by Lumina Foundation.


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