Impact on Hoosier Tech Labor - Billions of investment starting up semiconductor manufacturing in Indiana
Last week, I had the opportunity to speak briefly with Indiana Senator Todd Young about the Labor impact of his economic development plan to make Indiana a global hub for semiconductor manufacturing and AI development. He estimates that his efforts will lead to 9,000 new jobs in Indiana . Funded through the CHIPS & Science act authored by Senator Young, just one of the four semiconductor plants locating in southern Indiana near Crane Technology Park is expected to bring 400 jobs to Daviess County . And, Indiana headquartered Applied Research Institute has received $33 million to start building the Silicon Crossroads Microelectronics hub, the largest of the eight hubs planed in the US. Additionally, a chip packaging fabrication and R&D facility will be constructed by SK Hynix with a $3.8 billion investment in West Lafayette . Thanks to Senator Young’s hard work and leadership, Indiana is poised to be a global leader in semiconductor manufacturing and artificial i