US Senator Chuck Schumer announced that the US Department of Commerce has agreed to a $18 million investment in Edwards Vacuum, a semiconductor supplier in Rochester, New York. The funds, part of the American Rescue Plan Act, will be used to expand the company’s manufacturing capacity, creating 120 new jobs. Schumer said the investment will help the US regain its leadership in the global semiconductor industry, which is a key part of the US Innovation and Competition Act (USICA) that the senator is pushing to be passed in Congress.
Don’t miss out on the details of this significant development in the US semiconductor industry. Click the link below to learn more about how this $18 million investment in Edwards Vacuum will not only create new jobs in Rochester, New York, but also strengthen America’s position in the global semiconductor market. Explore how the American Rescue Plan Act and US Innovation and Competition Act are being harnessed to drive this growth.