What They’re Saying: NH Business Leaders Praise Senator Hassan & Colleagues’ Innovation and Competition Bill
NEW HAMPSHIRE - The Senate and House passed bipartisan legislation that is headed to the President’s desk to strengthen supply chains, lower costs, and outcompete countries like China by investing in American research and manufacturing, especially for semiconductors. Senator Hassan helped lead efforts along with her Republican and Democrat colleagues to draft and pass the legislation in the Senate.
Business leaders across New Hampshire today applauded Senator Hassan and colleagues’ bipartisan package.
See below for what they are saying:
“As a leading supplier of defense microelectronics and electronic systems, BAE Systems is collaborating with our commercial, defense, academic, and government partners to execute a balanced, holistic approach to help meet our nation’s microelectronics needs,” said James Li, BAE Systems Electronic Systems sector’s Microelectronics director. “Passage of the CHIPS Act of 2022 signals significant support of domestic production and workforce development of this mission-critical technology and could not have been possible without the leadership of our elected officials including Senator Hassan.”
“The successful passage of Senator Hassan’s bill through the Senate marks a major victory not only for businesses and manufacturers based in the Granite State, but those across the country as well,” said Minim Chief Executive Officer Gray Chynoweth. “I am proud to say the Senator’s bipartisan efforts are a light at the end of the tunnel for semiconductor supply chain challengers and a boost to US based manufacturing.”
John Allard, Chief Executive Officer and Chairman of Granite State Manufacturing (GSM) said, “The Federal government should take every opportunity to bring the leading edge of manufacturing back to the United States, including microchip and semiconductor production. The domestic industrial base should and will support this, and it is good to see Congress take action to level the playing field as other countries are working to develop this critical technology. As GSM has previously manufactured complex equipment in New Hampshire for chip fabrication, I thank Senator Hassan for taking action to approve the CHIPS Act and strengthen the United States as the global leader in technology competitiveness."
Zenagui Brahim, President of the New Hampshire Manufacturing Extension Partnership (NHMEP) said, “Supply chain challenges more particularly in the semiconductor industry in New Hampshire and throughout the country have and are still making a strong impact on the manufacturing sector. I am glad that Senator Hassan and her team are working on the update of the legislation on the United States Semiconductor industry. The CHIPS Act looks promising and covers all aspects of a sustainable Semiconductor industry in the United States.”
###
