LENEXA, Kan. – President Biden signed into law today a $280 million spending package for American semiconductor manufacturing.
The investment is designed to make the nation more competitive with China.
US Rep. Sharice Davids believes that the law can help create new jobs in the Kansas City area.
Davids met with local technology and manufacturing leaders on Tuesday to discuss how to take advantage of the CHIPS legislation.
Panasonic recently announced it will spend $4 billion to create 4,000 jobs at its Desoto, Kan., factory that will build high-capacity batteries for Tesla’s electric cars.
Kansas Governor Laura Kelly said it was the largest private investment in Kansas history.
Davids believes that chip manufacturing will be compatible with battery production already here.
“It sounds like the Kansas City metro area is a really, really great site for some different types of manufacturing,” Davids said. “I believe that from what I have heard today, chip manufacturing is something that is really suitable for our region.”
Funding from the law is expected to flow to rural states like Kansas, thanks to a new formula for distributing research dollars.
The US Department of Commerce will establish 20 regional technology hubs to create more tech jobs across the nation, and Davids says many people in Kansas City are working to become one of the hubs.
Supporters claim the new federal subsidies will help strengthen supply chains, lower costs and support US manufacturing.
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