Representative Mikie Sherrill (NJ-11) hosted a roundtable at Wireless Telecom Group this week to highlight the CHIPS and Science Act.
Event participants included NJBIA President and CEO Michele Siekerka and NJMEP CEO John Kennedy, who lead the Manufacturing Counts partnership.
This bipartisan legislation provides about $52 billion for domestic semiconductor research, development, and manufacturing, as well as authorizing major funding increases for science and technology research and development.
The CHIPS and Science Act was signed into law in August 2022.
“The CHIPS and Science Act will lower costs for New Jersey families, create and protect thousands of jobs, and demonstrate to businesses across the U.S. that we are building for the future,” said Sherrill.
“This game-changing, common-sense legislation will make a real difference in people’s lives, setting us up for decades of economic prosperity. I want to thank all of the businesses, education leaders, and local officials who convened today to discuss this major victory for New Jersey families and the New Jersey economy.”
“With the passing of the CHIPS Act to incentivize much-needed growth of domestic computer chip manufacturing and semiconductors, it is now incumbent upon us to ensure that New Jersey is a major player in this critical manufacturing boom,” Siekerka said.
“We have an amazing opportunity to continue and grow our historic path of innovation, which will result in more jobs and revenue for the state. Through our Manufacturing Counts partnership with NJMEP, we will coordinate efforts and resources to see that New Jersey is a hub for semiconductor manufacturing so our state can lead the charge in providing intelligence to modern electronics, household machines and automobiles.”
“The world view on manufacturing and supply chain has changed drastically over the past several years, and certainly has applied more pressure on U.S. manufacturing to step up and compete. The Federal Government’s Manufacturing Extension Partnership has certainly done its part, and NJMEP has helped lead the way,” Kennedy said.
“Thanks to the support of our NJ Delegation led by Senator Bob Menendez and House Co-Sponsor Congresswoman Mikie Sherrill, we won’t be handicapped by the lack of depth in our knowledge of ‘what we produce and where do we do so’. These leaders have been tireless in pursuing this critical step. Now that the “CHIPS and Science Act” with the National Supply Chain Database has passed, it’s a game-changer on multiple levels.”
A video link to the roundtable can be found here.
