Shortage of semi-conductor chips has slowed automotive and other manufacturing production
The nation's Commerce Secretary met with Michigan government, labor and business leaders to push a multi-billion-dollar plan to boost semi-conductor chip production in the U.S.
A shortage of semi-conductor chips has slowed automotive and other manufacturing this year.
One auto industry executive describes the current situation as still being “Hand to Mouth.”
At a U.A.W. union hall in Taylor, U.S. Commerce Secretary Gina Raimondo urged House passage of a bill that could help alleviate the shortage, eventually,
“You know, look, it’s a year plus away before we can get to the business of making more FABs, in America on account of the legislation which is why we’re so anxious to get it passed.”
Congressional supporters hope to pass the semi-conductor bill and get it to the president’s desk by the end of the year.