The following can be attributed to Tony Bennett, president & CEO of the Texas Association of Manufacturers:

“Nearly every manufacturing sector in America relies on semiconductors, making the current shortage of serious concern. Our semiconductor manufacturers in Texas are working steadily to increase production in what is among the most complex, sophisticated processes in all of manufacturing. As their work continues, we strongly urge Congress to prioritize policies that will hasten expanded semiconductor manufacturing, and in turn, support all of American industry and our nation’s economy. We applaud Congressman McCaul’s CHIPS for America Act, which includes smart investments and an investment tax credit to incentivize the new domestic semiconductor manufacturing facilities our industry and our economy need.”

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Media contact: Gretchen Fox, 512-694-4326