United Performance Metals has customers in various industries, including aerospace, defense, space, fastener, medical, power generation, oil and gas, and semiconductor.
Biden is pushing Congress to approve Bipartisan Innovation Act, a bill Congress is still considering since its introduction last year. The Associated Press has reported the president has said it’s critical to bolster domestic manufacturing and help solve a semiconductor shortage that has delayed the production of gaming devices, smartphones, laptops, and life-saving medical devices.
The Bipartisan Innovation Act includes $52 billion to invest in American semiconductor manufacturing and research. Biden said if this bill is passed, it will help “bring down prices, bring home jobs, and power America’s manufacturing comeback.”