-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
IPC Welcomes U.S. Economic Stabilization Package, Proposes Agenda for Economic Recovery and Resiliency in Electronics Manufacturing
March 25, 2020 | IPCEstimated reading time: 2 minutes
On behalf of electronics manufacturers in the United States and around the world, IPC thanks the U.S. Congress and the Trump administration for reaching agreement today on a $2 trillion economic stabilization package to address the fallout from the COVID-19 pandemic.
“The federal government is taking unprecedented measures to help the U.S. economy weather and recover from the current global crisis,” said IPC President and CEO John Mitchell. “The $2 trillion stimulus bill will extend rapid financial relief to the businesses and individuals that need it most.”
The White House and bipartisan leaders in Congress have agreed on legislation that includes the following provisions of interest to the electronics manufacturing industry:
- Financial Help for Hard-Hit Businesses: The bill includes $500 billion in loans and loan guarantees, including $17 billion for businesses critical to national security, $350 billion to help small businesses; and $50 million for the Hollings Manufacturing Extension Partnership to help small- and medium-sized manufacturers expand markets.
- Assistance for Health Care: More than $150 billion is included for hospitals, which are among the nation’s largest purchasers of electronic systems.
- Unemployment Insurance: The bill includes $250 billion to expand unemployment insurance and extend coverage to four months.
As a next step, IPC is urging federal officials to take additional actions to support the electronics manufacturing sector and drive the nation’s economic recovery. Specifically, IPC urges U.S. Government officials to adopt measures in IPC’s Roadmap to Economic Recovery, including:
- Keeping essential factories open by recognizing electronics manufacturing for defense and healthcare needs as “critical infrastructure”;
- Supporting supply chain resiliency by adopting a $10 billion Electronics Manufacturing Initiative;
- Spurring global trade by suspending import duties on all countries that agree to reciprocal treatment for U.S. exports, and deferring the payment of import duties;
- Delaying non-essential regulatory proceedings;
- Facilitating transportation and shipping recovery;
- Supporting the financial security of manufacturing workers; and
- Keeping manufacturing workers healthy by clarifying workplace health protections for essential facilities.
“Electronics manufacturing is as critical to the economy as the nervous system is to the body,” said Mitchell. “Although our industry’s numbers will be depressed in 2020 and 2021, just like everyone else’s, we believe electronics will be at the center of the recovery, because we’re at the center of the economy.”
Electronics manufacturing supports more than 5.3 million U.S. jobs and drives more than $714 billion in U.S. GDP. Every single U.S. electronics manufacturing job supports three other jobs in the U.S. national economy, a strong multiplier effect.
For additional information, visit IPC’s COVID-19 (coronavirus) resource page at www.ipc.org/coronavirus.
Suggested Items
Warm Windows and Streamlined Skin Patches – IDTechEx Explores Flexible and Printed Electronics
04/26/2024 | IDTechExFlexible and printed electronics can be integrated into cars and homes to create modern aesthetics that are beneficial and easy to use. From luminous car controls to food labels that communicate the quality of food, the uses of this technology are endless and can upgrade many areas of everyday life.
Book Excerpt: The Printed Circuit Assembler’s Guide to... Factory Analytics
04/24/2024 | I-Connect007 Editorial TeamIn our fast-changing, deeply competitive, and margin-tight industry, factory analytics can be the key to unlocking untapped improvements to guarantee a thriving business. On top of that, electronics manufacturers are facing a tremendous burden to do more with less. If you don't already have a copy of this book, what follows is an excerpt from the introduction chapter of 'The Printed Circuit Assembler’s Guide to... Factory Analytics: Unlocking Efficiency Through Data Insights' to whet your appetite.
Listen Up! The Intricacies of PCB Drilling Detailed in New Podcast Episode
04/25/2024 | I-Connect007In episode 5 of the podcast series, On the Line With: Designing for Reality, Nolan Johnson and Matt Stevenson continue down the manufacturing process, this time focusing on the post-lamination drilling process for PCBs. Matt and Nolan delve into the intricacies of the PCB drilling process, highlighting the importance of hole quality, drill parameters, and design optimization to ensure smooth manufacturing. The conversation covers topics such as drill bit sizes, aspect ratios, vias, challenges in drilling, and ways to enhance efficiency in the drilling department.
Elevating PCB Design Engineering With IPC Programs
04/24/2024 | Cory Blaylock, IPCIn a monumental stride for the electronics manufacturing industry, IPC has successfully championed the recognition of the PCB Design Engineer as an official occupation by the U.S. Department of Labor (DOL). This pivotal achievement not only underscores the critical role of PCB design engineers within the technology landscape, but also marks the beginning of a transformative journey toward nurturing a robust, skilled workforce ready to propel our industry into the future.
Winner of The Science Show Rakett 69 Receives Incap Scholarship
04/24/2024 | IncapThe winner of the Rakett 69 science show, Andri Türkson, who stood out as an electronics enthusiast, received a scholarship from Incap Estonia, along with an internship opportunity in Saaremaa.