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LITTLE ROCK, Ark. – Oct. 20, 2022 – Power Technology announces it is hosting an “Arkansas Semiconductor Business Leader Summit” focused on finding ways that CHIPS Act funding can create jobs in the state.
The CHIPS and Science Act is a recently implemented federal executive order that provides $52.7 billion for American semiconductor research, development, manufacturing, and workforce development. Arkansas is home to many companies that have a stake in the semiconductor industry. As one of those, Power Technology designs and builds lasers that are used in the manufacturing process for semiconductors. Other participating companies include Ozark IC, Startup Junkies, and LaCroix Optical.
On November 3, from 10 a.m. to 12 p.m., business leaders from across Arkansas will gather via video conferencing to discuss how best to leverage the Act to benefit the state and facilitate job creation.Attendees will be invited to join virtually to maximize thought leadership.
“As a leader in the semiconductor manufacturing industry, we are excited to host business leaders from across the state for this important mission to create new jobs in semiconductor manufacturing,” said Walter Burgess, co-CEO of Power Technology. “The CHIPS Act has an industrial strategy to revitalize domestic manufacturing, create good-paying American jobs, strengthen American supply chains, and accelerate the industries of the future. We are excited to begin to facilitate those goals in the State of Arkansas.”
Visit the registration event page to learn more.
Arkansas Semiconductor Business Leader Summit
Nov. 3, 2022
10 a.m. – 12 p.m.
Power Technology’s Plant
16302 N Alexander Rd,
Alexander, AR 72002
About Power Technology, Inc.
Power Technology, Inc., established in 1969, is a leading manufacturer of lasers for OEM cinema, analytical, biomedical, industrial, semiconductor inspection, defense & security, and machine vision applications.