Aug 13, 2021 IPC today issued the following statement by its President and CEO, John Mitchell, on the bipartisan infrastructure bill approaching a vote this week in the U.S. Senate:
“Electronics manufacturers welcome the prospect of historic infrastructure investments in America’s roads, ports, electric grids, and digital networks. Our members’ supply chains depend on modern, resilientinfrastructure; and in today’s high-techworld, America’s infrastructure depends on reliable electronics. We also appreciate the inclusion of smart manufacturing investments. This bipartisan infrastructure bill will help drive growth in the overall economic recovery, as well as in our specific industry.
“We commend the tireless efforts of Senators Rob Portman and Kyrsten Sinema, along with the bipartisan Group of 22, which labored arduously to produce this compromise.
“Although this critical legislation addresses the nation’s much-needed infrastructure modernization, IPC is concerned that reinstating Superfund excise taxes on 42 chemicals and raw materials – some of which are building blocks of electronics manufacturing – will increase costs for U.S. electronics manufacturers and raise prices for many consumer goods, including many of the materials that will be utilized in America’s infrastructure investment. IPC calls on Congress to find other, more appropriatemethods to payfor this necessary investment in America’s aging infrastructure.”
IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its nearly 3,000 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry.
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