Statement On Senate Passage Of United States Innovation And Competition Act
PHOENIX, AZ (June 8, 2021) — President and CEO of the Arizona Commerce Authority Sandra Watson today released the following statement after the U.S. Senate passed the United States Innovation and Competition Act of 2021. The legislation includes $52 billion to boost domestic semiconductor manufacturing and research.
“Under Governor Ducey’s leadership, Arizona has emerged as an epicenter for semiconductor manufacturing. The funding contained within the United States Innovation and Competition Act of 2021 to bolster semiconductor manufacturing will enhance Arizona’s leadership role in addressing the global microchip shortage. We’re grateful to Arizona’s senators for their leadership and dedication to ensuring Arizona is at the forefront of semiconductor innovation. As a top state for semiconductor manufacturing employment and semiconductor exports, we look forward to how this will positively impact Arizona for years to come.”
Alyssa Tufts, Arizona Commerce Authority, email@example.com
About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter at @azcommerce.