President Biden Takes Critical Action on Supply Chains and Manufacturing
January 21, 2022
This week, President Biden and Vice President Harris continued to step up and take crucial steps to address supply chain issues and expand manufacturing capacity. While Republicans clearly have no plan to tackle supply chain bottlenecks – or anything else for that matter – President Biden and his administration remain laser-focused on addressing the issues that actually matter to working families.
Thanks to President Biden’s innovative partnership with the private sector, Intel is today announcing a new facility in Ohio that will bring critical semiconductor manufacturing back to the U.S., create thousands of jobs, and help strengthen our supply chains.
CNN: “Biden will tout $20 billion Intel factory as part of effort to address semiconductor shortages”
CNN: “According to a fact sheet shared with CNN, the White House has been working with Congress, international partners and the private sector ‘to expand U.S. chip manufacturing capacity.’ As part of the administration’s efforts, Intel is expected to announce a new $20 billion factory outside Columbus, Ohio, creating 7,000 construction jobs and an additional 3,000 permanent jobs.”
The Biden-Harris administration also announced this week that the Army Corps of Engineers will receive $14 billion from the Bipartisan Infrastructure Law to help modernize our nation’s ports and ease supply issues.
Associated Press: “Army Corps of Engineers gets $14B to help ease supply chains”
The Hill: “More than 500 projects that include all 50 states and two territories will be covered under the allocation of funds secured from the bipartisan infrastructure law passed last year in addition to other appropriations, according to a White House readout.”
The Hill: “The White House readout said that the U.S. Army Corps of Engineers would be allocating $4 billion to tackle supply chain problems, including ‘to expand capacity at key ports, allow passage of larger vessels, and further enhance the country’s ability to move goods.’”
And new data this week revealed that Southern California ports moved a record amount of cargo in 2021, aided by the Biden administration’s efforts to alleviate bottlenecks.
Spectrum News 1: “The Port of Long Beach moved more than 9.38 million cargo containers in 2021, marking its best year on record.”
Long Beach Business Journal: “Dockworkers and terminal operators moved a record-setting 9.38 million containers in 2021, shattering the previous record of 8.11 million set the year before, port officials announced Wednesday … The figure marks a 15.7% increase over 2020.”
New York Times: “Biden Announces Measures at Major Ports to Battle Supply Chain Woes”