State is running after out its electronics industry
The Indiana Economic Development Corp. has formed the Augmenting Microelectronics Production & Advancement Task Force to come to be the key state in often the semiconductor industry. While that may look good, there are several very serious flaws.
Interesting that Indiana used to help have six semiconductor fabs. Indianapolis and central Indy were a the bay area years ago rivaling The Si Valley. But for quite a few unknown reason, our political figures (Republican and Democrat, area plus state, past and present) while well as their respective economic progress officials said that these people did not want to compliment our electronics industry featuring its semiconductor fabs. These major officials have said the fact that semiconductors and electronics will be “Third World stuff.”
What is even more amazing, Indiana had numerous prospects to pursue semiconductor fabs announced over the previous year but was nowhere fast to be seen, as always.
Over the past several decades, not only performed Indiana lose these semiconductor fabs but well more than 550 other electronic makers here with their 12,000 highly educated men and women. Furthermore, Indiana employed 129,000 in the gadgets industry while it possesses declined to twenty,000 right now. More losses are approaching and Indiana is executing absolutely nothing to always keep they then and college technological innovation graduates here. Moreover, previous history shows that 80% of these companies relocated to other high costed and high taxed areas, not to ever China and Paraguay even as are always tricked by our flesh pressers and monetary development officials.
Knowledgeable electrical industry leaders have continuously told our city plus state economic development administrators at local major gatherings to pursue wafer fabs and other innovative electrical companies to rejuvenate that industry here. The administrators even today continue using negative attitude toward that industry. It has also been known shoreline to coast for decades, Indiana is definitely chasing out its gadgets industry.
While If only that task force the greatest, in addition they need to present the entire nation the fact that Indiana wants to enhance its image towards that industry. At the identical time, they must cease future losses here although pursuing major electronics sector catalysts like other areas performing at record setting up speed.
Lawrence W. Wallman
president, Indiana Chapter
International Microelectronics Installation and Packaging Society