Portman Praises Senate Passage of Legislation to Boost Semiconductor Manufacturing, Strengthen Supply Chains and Enhance National Security



CHIPS Act Will Help Create Thousands of Jobs in Ohio


July 27, 2022

|

Press Releases

WASHINGTON, DC – Today, US Senator Rob Portman (R-OH) issued the following statement on Senate passage of the CHIPS Actbipartisan legislation to incentivize semiconductor manufacturing in the United States, make our supply chains more resilient, enhance our national security, and strengthen our economy:

“Today’s passage of the CHIPS Act is critical in the effort to bring semiconductor manufacturing back to the United States, protect our national security and create thousands of high-paying jobs in Ohio. I was proud to help lead efforts in the Senate to pass this legislation and ensure that Intel’s planned semiconductor plant in central Ohio remains on track and reaches its full potential. Intel’s announced investment is already the largest in Ohio’s history and the company has indicated that with this CHIPS legislation its record investment will grow even larger over time. It is also expected that other major Ohio investments from suppliers will follow. I urge the House to act quickly on this bipartisan legislation so the president can sign it into law, and I look forward to attending the groundbreaking for this transformational project in the coming months.”

Ohio’s business community has praised Senator Portman’s work to secure the passage of the CHIPS Act:

“Fully funding the CHIPS Act is vital for America’s economic competitiveness and national security. The CHIPS Act will accelerate the pace and impact Ohio will have at the center of the Silicon Heartland, while driving investments in America. In true Ohio spirit, Senator Portman and Ohio’s bipartisan Congressional Delegation have aggressively supported the CHIPS Act – we are thrilled with today’s progress and urge speedy passage in the US House,” said JP Nauseef, President and CEO of JobsOhio.

“Senator Portman’s leadership from the beginning of this process has been instrumental. This is extremely impactful legislation for our national security, the semiconductor industry and the communities, families, and individuals it supports across America and here in Ohio,” said Kenny McDonald, President and CEO of the Columbus Partnership.

“Today’s passage of the CHIPS Act by the US Senate is a monumental win for Ohio and our country. Intel Corporation is laying the groundwork for the United States to return as a manufacturing superpower for semiconductors, and the CHIPS Act is a pivotal component for making that happen. Producing computer chips domestically is critical for so many sectors of our economy — military readiness, electrical grid infrastructure and much more — but it is also imperative for our national security as it will decrease our dependence on trade with China. Senator Portman has been a leader from day one on sounding the alarm on the importance of bringing this industry back to America, which will protect our nation from foreign interests. I urge the House to take swift action to get the legislation to the President’s desk as soon as possible,” said Pat Tiberi, President and CEO of the Ohio Business Roundtable.

“Ohio’s economy stands to benefit even more from the transformational nature of Intel’s investment in semiconductor manufacturing in our state thanks to the CHIPS Act, which will bolster American manufacturing and national security.” We want to thank the members of Ohio’s Congressional delegation who have been working hard to see this through, especially Senators Portman and Brown, for their leadership on this important,” said Steve Stivers, President and CEO of the Ohio Chamber of Commerce.

“Investment in the domestic semiconductor industry is critical to keeping our nation strong and competitive,” said Ohio State President Kristina M. Johnson. “This bill recognizes the importance of realizing that goal by making strategic investments in research and development, overcoming supply chain challenges, and cultivating the workforce of the future. Ohio State is deeply committed to playing a key role in economic growth both locally — particularly related to the Silicon Heartland initiative — and across the US, and we are grateful to Senator Portman for his support,” said Ohio State President Kristina M. Johnson, PhD.

###

Leave a Comment

Your email address will not be published.