PCB007 Magazine

PCB007-May2025

Issue link: https://iconnect007.uberflip.com/i/1535414

Contents of this Issue

Navigation

Page 27 of 91

28 PCB007 MAGAZINE I MAY 2025 tant to invest in new manufacturing capability. Even if they were, it would take years to fill in the production capacity and source materials and components in the United States. Foreign governments' policies drove manufacturing overseas, and only American policies can bring it back. e economic forces that will reshore and restore our capacity will be hastened only if we see government investment and tax incen- tives. As we saw with the CHIPS Act, government action can catalyze signifi- cant private co-investment. Until the government reaches into the eco- nomic toolbox and pulls out tax incentives and investments in the national security-crit- ical, but highly diminished, PCB sector, noth- ing will change. Tariffs alone will not reshore a complex industry like ours. is is why PCBAA and IPC are lobbying Congress to support our industry. Soon, Rep. Blake Moore of Utah and Rep. Raja Krish- namoorthi of Illinois will reintroduce our signature legislation: the Protecting Circuit Boards and Substrates (PCBS) Act. is bill provides a 25% tax incentive to buy Ameri- can-made PCBs and fund workforce develop- ment and capital expenses to expand capacity. As part of our annual meeting in June, PCBAA members will spend a day on Capitol Hill edu- cating Members of Congress and their staff about our industry and the support we need. We go to the Hill because there is no substitute for the give-and-take of face-to-face discussions that reveal the real stories of American man- ufacturing. We educate law- makers about the realities of our dependence on foreign- made PCBs. We advocate for policies that will reverse three decades of decline. If we are successful in these efforts, our employees, local economies, and the nation benefit through the legislation that results. If you are a PCB industry leader who wants to support to this effort, I encourage you to become a PCBAA member today and join us at our annual meeting in June. PCB007 Shane Whiteside is president and CEO of Summit Interconnect and current chair of the Printed Circuit Board Association of America. To read past columns, click here. " e economic forces that will reshore and restore our capacity will be hastened only if we see government investment and tax incentives. "

Articles in this issue

Links on this page

Archives of this issue

view archives of PCB007 Magazine - PCB007-May2025