MARCY, N.Y. – An amendment to the National Defense Authorization Act for 2021 includes a provision to strengthen semiconductor industries in the United States – which is good news for companies like Cree in Marcy.
U.S. Sen. Charles Schumer says relying too heavily on foreign semiconductor supplies is a national security risk.
“America must continue to invest in our domestic semiconductor industry in order to keep good-paying, high-tech American manufacturing jobs here in Upstate New York,” he said.
According to Schumer, the U.S. produced 24% of the world’s semiconductors 20 years ago, and now only supplies 12%.
Schumer says putting this provision in the NDAA will help bring jobs to Upstate New York, and boost the economy.
This is a step essential to our national security and to U.S. leadership in this critical industry. I’m pleased to deliver this win in this year’s final NDAA for the Upstate New York economy and the entire country’s national security and competitiveness,” he said.
Construction is ongoing at the Cree semiconductor manufacturing facility in Marcy, and is expected to be finished in 2021.