A major focus of the Oregon House Committee on Economic Development, Small Business, and Trade meeting on March 19, 2025, was the critical role of the semiconductor industry in the state's economic future. Key stakeholders emphasized the urgency of supporting this sector, particularly in light of recent federal initiatives aimed at boosting semiconductor manufacturing.

A representative from a Japanese semiconductor company highlighted their plans to invest $110 million over the next two years in Oregon, creating up to 50 high-paying jobs in engineering and technology management. However, they expressed frustration over bureaucratic hurdles that hindered their ability to apply for federal CHIPS funding, underscoring the need for streamlined processes to attract and retain such investments.

Duke Shepherd from Oregon Business and Industry echoed these sentiments, reflecting on the cyclical nature of the semiconductor industry and the importance of maintaining a proactive approach to economic development. He urged lawmakers to enhance incentives and reduce regulatory barriers, arguing that Oregon must compete effectively with other states that are more aggressive in attracting tech investments.

Jim Barnhouse from Mitsubishi Pure Chemicals also voiced support for the proposed House Bill 2277, noting that Oregon still has significant opportunities to grow its semiconductor supply chain. He emphasized the potential for job creation and increased tax revenue through strategic investments in the sector.

Soleil Auzar, executive director of the Silicon Forest Partnership, pointed out the lack of cohesive strategy in Oregon compared to states like Arizona and Texas, which have strong academic leadership driving semiconductor research and development. Auzar called for greater collaboration among industry, government, and educational institutions to foster innovation and growth in Oregon's semiconductor ecosystem.

As the meeting concluded, the committee members recognized the need for continued dialogue and action to ensure Oregon remains a competitive player in the semiconductor industry, setting the stage for future legislative efforts to bolster this vital sector.