Amtech Electrocircuits, a leading provider of manufacturing solutions, announces that CEO Jay Patel has initiated a petition urging policymakers to implement a 10% tax credit for Original Equipment Manufacturers (OEMs) sourcing from U.S. electronics manufacturers.
This initiative aims to bolster domestic manufacturing, enhance national security, and stimulate technological innovation by incentivizing OEMs to prioritize U.S.-based suppliers.
“Our manufacturing industry is the backbone of the American economy, providing quality jobs and driving technological advancements,” said Jay Patel, CEO of Amtech Electrocircuits. “However, unfair trade practices and overseas competition have led to a decline in our industry. By introducing a 10% tax credit for OEMs that source from U.S. companies, we can revitalize domestic manufacturing, safeguard jobs, and strengthen our national security.”
The petition highlights the challenges faced by U.S. electronics manufacturers, including financial burdens imposed by unfair trade practices, and proposes the tax credit as a solution to incentivize domestic sourcing. By encouraging OEMs to partner with U.S. suppliers, the policy aims to create a more resilient and secure supply chain for critical technologies.
Amtech Electrocircuits invites industry stakeholders, policymakers, and the public to support this initiative by signing the petition and advocating for policies that promote the growth and sustainability of U.S. manufacturing.
For more information and to sign the petition, please visit the Change.Org page here.
For more information about Amtech Electrocircuits, please visit www.buildamtech.com.
