SAMTEC & OUR AFFILIATES VISIT WASHINGTON DC

Paul Parsons (DeLUX), Mark Bobo (Samtec), Charlie Kuznia (Ultra Communications), and Bill Berl (Strategic Marking Innovations), visited Washington D.C. to meet with legislative offices representing Delaware, Florida, and Indiana to deliver a high-level overview and request funding over 24-30 months for anti-tampering technology maturation and integration of these technologies into chip packaging lines. The visited delegates include Senators Young (IN), Braun (IN), Coons (DE), and Rubio (FL), and Representatives Houchin (IN), Banks (IN), and Blunt Rochester (DE).

Samtec is actively pursuing federally funded grant opportunities for different technologies to work along the Midwest Micro Electronics Commons effort. Given DeLUX’s previous DoD and technologies, Samtec decided to engage and support the CHIPS Acts as a major technology transition partner. SMI provided Samtec, Ultracomm, and DeLUX the chance to meet with respective offices.

WHAT WAS THE OUTCOME OF THIS MEETING?

The outcome was to get our information into the hands of the legislators for represented areas prior to completing the FY2024 Appropriations bill. This allows legislators to prioritize which proposals are to receive funding based upon the impact toward CHIPS and enhancing national security. The bill won’t be finalized for some time and will require additional visits to DC for lobbying purposes.

WHAT ARE THE NEXT STEPS?

Now, we sit and wait. As the Appropriations bill nears completion, Samtec and DeLUX will visit legislators to provide more in-depth overviews on the anti-tampering technologies. Ultimately, the goal is to convince legislators that these technologies enable confidence in domestic microelectronics production by addressing anti-counterfeiting/tampering using additive manufacturing approaches.

WHAT IS SUSTAINABILITY?

‘Sustainability’ is an approach that aims to create long-term value through the implementation of business strategies that focus on the below three pillars while conducting business.

THE THREE PILLARS OF SUSTAINABILITY INCLUDE:

ENVIRONMENTAL: includes Water Use, Carbon Footprint, Eco-friendly products, climate change, etc.;

SOCIAL: includes safe working environment, community outreach, and employee benefits, etc.;

GOVERNANCE: What is being done to ensure laws and procedures are being followed while doing business includes Business Ethics, Compliance

The general goal of a sustainable business strategy is to positively impact the environment and society while also generating business profits. We call this the Triple Bottom Line.

Samtec Sustainability Vision Statement

To Be a leader in the electronic connector industry who leverages our Sudden Service philosophy, while being stewards of the Environmental, Social, & Governance pillars of Sustainability.

• Our Footprint: Conservation, Environmental Education, and Carbon Neutrality

• Our Community: Volunteerism and Philanthropy

• Our People: Development, Education, and Training

SAMTEC’S ACTION STATEMENT

We want our program to be Successful, Credible & Impactful. Successful - It meets the expectations of regulatory frameworks and key stakeholders; Credible - Our practices are defendable & auditable; and Impactful - It helps our associates and our communities.

We use a variety of organizations to guide & influence our Sustainability programs

SAMTEC’S SUSTAINABILITY VISION

It is important for Samtec to make sustainable business decisions that will better serve the interests of our associates, customers, communities, and the environment. Samtec’s goal is to continue to be a leader in the electronic interconnect industry who leverages our Sudden Service philosophy, while being stewards of the Environmental, Social, and Governance pillars of Sustainability as measured by globally recognized standards.

Becoming a more sustainable company does not have a one size fits all approach, but by working responsibly and collaborating with stakeholders who share our common interests, we will achieve this vision and help leave our communities and the world in a better position.