INVESTMENTS ACROSS AMERICA: BILLS PASSED BY SENATE DEMOCRATS ARE ALREADY SPURRING INVESTMENT ACROSS THE COUNTRY, CREATING GOOD-PAYING JOBS AND BOOSTING MANUFACTURING AT HOME
The Inflation Reduction Act and the CHIPS and Science bill passed by Senate Democrats last year have already started spurring investments across the country, and states from coast to coast are benefitting from these historic bills. Over 80 major investment announcements have been made in communities across the country as a direct result of this legislation, totaling over $200 billion and creating tens of thousands of good-paying jobs. These major investments in semiconductor and clean energy manufacturing represent the future; from solar energy in Arizona to electric semi-truck manufacturing in Nevada and a plant dedicated to “creating 300-millimeter semiconductors” in Utah, these bills are helping to lay the groundwork for the next generation of American leadership.
And, today marks the opening day for applications for CHIPS and Science bill funding from the Commerce Department. Today’s rollout is a major step towards making America the world leader in chip production once again, with tremendous benefits for our national security, for outcompeting the Chinese Communist Party, and creating tens of thousands of good-paying union jobs right here at home.“Six months after CHIPS and Science and the Inflation Reduction Act were passed into law, the benefits are clear and unmistakable: over $200 billion in private investment have been announced across 16 states. That includes $100 billion proposed by Micron to manufacture advanced memory chips in my home state of New York, an investment that will translate to tens of thousands of good-high paying jobs and transform upstate New York, once the manufacturing powerhouse of America,” said Leader Schumer. “This is about laying a crucial foundation to make the U.S. a global leader in chip, clean energy and electric vehicle manufacturing, which is critical to our national security and competitiveness, and to our fight against the climate crisis.”
Read more about the historic investments happening all across America:
Reuters: TSMC Triples Arizona Chip Plant Investment, Biden Hails Project
KOAA: Microchip Technologies Plans To Double Workforce At Colorado Springs Plant
The Center Square: Four Semiconductor Makers Announce $277M Investment In Indiana
NPR (ID): Chip Company Micron Announces Multibillion-Dollar Facility In Boise
KWCH (KS): Integra Technologies To Bring Nearly 2,000 Jobs To Wichita
KZRG (KS): EMP Shield To Build $1.9 Billion, 1,200-Job Computer Chip Manufacturing Facility In Coffey County
KSNT (KS): Radiation Detection Technologies Plans $4 Million Expansion
Midland Daily News: Michigan Receives $375 Million Investment For Hemlock Semiconductor
NY Times: Micron Pledges Up To $100 Billion For Semiconductor Factory In New York
ABC 4: Texas Instruments Brings $11 Billion Investment And Jobs To Utah With New Plant
Detroit Free Press (MI): GM's $45M Investment In Indiana Plant Is Critical Move In EV Future
AP: BMW Investing $1.7B In S Carolina As Automaker Shifts To EVs
Rochester First: ‘This Is The Future’: Li-Cycle Awarded $375M Loan For Rochester Facility
Reno Gazette Journal (NV): Tesla To Build $3.6 Billion Battery, Electric Semi Truck Manufacturing Facility In Northern Nevada
Wall Street Journal: Redwood Materials To Build Second Battery-Parts Factory In South Carolina
Reuters: Hyundai, SK To Build New Battery Plant In Georgia
Bloomberg: BMW Battery Supplier Invests $810 Million In South Carolina Plant
AZ Inno: $1 Billion Battery Manufacturing Plant Proposed For Southern Arizona
CNBC: Honda’s New $4.4 Billion EV Battery Plant Will Be Built In Ohio
Forbes: Bosch Makes Decision To Invest $200 Million in South Carolina Auto Parts Factory
NY Times: Toyota Adds $2.5 Billion To Its Investment In A North Carolina Battery Plant
CNBC: First Solar Selects Alabama For New Factory As Inflation Reduction Act Prompts Domestic Manufacturing Boom
Ohio Capital Journal: Made-In-Ohio Solar Panels Benefit From Federal Incentives, Supply Chain Politics
Business Facilities: Nucor Plans $125M Advanced Manufacturing Facility In Alabama
NY Times: Korean Solar Company Plans To Build $2.5 Billion Plant In Georgia
KSTP (MN): Cummins Picks Fridley For 1st US Electrolyzer Production Plant
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