Plumbing Manufacturers International Applauds Science R&D Investments and STEM Education Provisions in New CHIPS and Science Act
WASHINGTON--(BUSINESS WIRE)--Plumbing Manufacturers International (PMI) applauds congressional approval of the bipartisan CHIPS and Science Act of 2022. The legislation, expected to be signed by President Joe Biden, was developed to strengthen our nation’s competitiveness with China through increased investments in scientific research and development, federal STEM education programs, cybersecurity, innovation programs, and semiconductor manufacturing. The bill provides a comprehensive reauthorization of the National Institute of Standards and Technology (NIST), which plays a pivotal role in America’s science and technology advancement by determining industry standards critical to fair competition and supporting U.S. manufacturing. The bill makes crucial investments in research, including...