Minister Ahn, Minister Saito, it’s my honor to welcome you to the United States Department of Commerce. Thank you for being here for the first-ever U.S.-Japan-Korea Commerce and Industry Ministerial. When our leaders met at Camp David last August for their historic Trilateral Summit, they charged us with using this new, trilateral platform to raise our shared ambitions to a new horizon. This is an...

Proposed Investment Would Support Construction of a State-of-the-Art Manufacturing Center and Create Over 1,100 Direct Jobs in Colorado Springs, Colorado Today, the Biden-Harris Administration announced that the Department of Commerce and Entegris, a key supplier of advanced materials and process solutions for leading-edge chipmakers, have reached a non-binding preliminary memorandum of terms (PMT...

Wisconsin-based companies, Miron and Boldt join a growing list of construction industry leaders, including Bechtel and Turner who announced their support earlier last week. On Friday, U.S. Secretary of Commerce Gina Raimondo traveled to Milwaukee to join Governor Tony Evers and the Wisconsin Regional Training Partnership WRTP | BIG STEP for a roundtable on women in construction and the trades...

Joint initiative strengthens federal workforce technical assistance to foreign multinational businesses in Japan, South Korea, and Taiwan starting or expanding U.S. operations Today, the U.S. Department of Commerce announced a market expansion of SelectTalentUSA, a joint initiative across the U.S. Departments of Commerce, Labor, and Education providing technical assistance to foreign businesses to...

Today, the Biden-Harris Administration announced that the Department of Commerce and Rocket Lab, the parent company of space power provider SolAero Technologies Corp., have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $23.9M in direct funding under the CHIPS and Science Act. The proposed CHIPS investment would help create a more robust and resilient supply of space...

Proposed CHIPS Investment Would Support Construction of New Manufacturing Facility and Over 1,200 Jobs in Covington, Georgia Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Absolics, an affiliate of the Korea-based SKC, have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $75 million in direct funding under the CHIPS and Science...

On May 22, Deputy Secretary of Commerce Don Graves met with the Secretary’s Renewable Energy and Energy Efficiency Advisory Committee for the final meeting of its seventh charter. Deputy Secretary Graves thanked the Committee for its recommendations over the course of its two-year charter. The Committee provided several recommendations in areas including: global standards for hydrogen production...

Proposed Investment of Approximately $120 Million From CHIPS and Science Act Would Build on Minnesota’s Decades-Long History in the Semiconductor Industry and Create over 160 Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Polar Semiconductor (Polar) have reached a non-binding preliminary memorandum of terms (PMT) to provide the company with up to...

Today, the Biden-Harris Administration issued a Notice of Funding Opportunity (NOFO ) seeking proposals from eligible applicants for activities to establish and operate a CHIPS Manufacturing USA institute focused on digital twins for the semiconductor industry. Digital twins are virtual models that mimic the structure, context, and behavior of a physical counterpart. The CHIPS for America Program...

U.S. Department of Commerce Proposes up to Roughly $6.14 Billion for Micron to Expand Domestic DRAM Chip Production in Idaho and New York Micron’s Full Vision Would Create Approximately 20,000 Jobs and Catalyze up to $125 Billion in Private Capital Over Two Decades, Including Commitments of $50 Billion in Capex Over Next Six Years Today, the Biden-Harris Administration announced that the U.S...