WEBVTT

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GERRY: HELLO AND WELCOME TO

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INSIDE INDIANA BUSINESS...I'M

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GERRY DICK.

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SEMICONDUCTORS...THEY FUEL

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VIRTUALLY EVERYTHING WE DO...AND

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INDIANA'S BID TO BECOME A HUB

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FOR AN INDUSTRY POISED FOR

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EXPLOSIVE GROWTH RECEIVED A BIG

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BOOST THIS WEEK FROM SOME HIGH

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PROFILE VISITORS.

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U.S. SECRETARY OF STATE ANTONY

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BLINKEN AND SECRETARY OF

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COMMERCE GINA RAIMONDO VISITED

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PURDUE UNIVERSITY THIS WEEK,

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TOURING THE UNIVERSITY'S BIRCK

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NANOTECHNOLOGY CENTER, LEARNING

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ABOUT PURDUE'S NEW SEMICONDUCTOR

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DEGREE PROGRAMS AND ALSO

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CHECKING OUT ONE OF THE NATION'S

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LARGEST CLEAN ROOMS.

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THIS AS THE U.S. GOVERNMENT

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LOOKS TO CREATE 20 TECH AND

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INNOVATION HUBS AROUND THE

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COUNTRY AND WITH IT THE

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POTENTIAL FOR HUGE INVESTMENT

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AND JOBS.

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WE'LL BE JOINED BY PURDUE

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PRESIDENT MITCH DANIELS IN A

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MOMENT, BUT FIRST HERE'S

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MARY-RACHEL REDMAN FROM WEST

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LAFAYETTE.

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>> FROM SKY WATER TO MEDIA TECH

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AND GROUND BREAKING WORK AT

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DISCOVERY PARK, PURDUE IS HEAD

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OF THE CURVE IN THE

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SEMICONDUCTOR SPACE AND A MAJOR

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PLAYER IN THE RACE TO PUT THE

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UNITED STATES IN THE DRIVER'S

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SEAT TO BE A GLOBAL LEADER IN

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MICRO ELECTRONICS.

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>> REMARKABLE LEADERSHIP.

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ACROSS THE BOARD, IN MAKING

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SURE, HERE AT PURDUE, THAT THE

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UNITED STATES REMAINS THE GREAT

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TECHNOLOGY LEADER IN THE WORLD.

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THIS PLACE IS, MAYBE, ONE OF THE

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MOST INSPIRING HUMAN FABS I'VE

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EVER SEEN.

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>> THE CHIPS ACT IS AN

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INVESTMENT IN AMERICA. IT'S

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ACTUALLY THE BIGGEST INVESTMENT

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IN INDUSTRIAL POLICY RESEARCH

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AND DEVELOPMENT THAT WE'VE SEEN

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IN A GENERATION IN AMERICA. THE

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OPPORTUNITY TO CREATE HUNDREDS

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OF THOUSANDS OF HIGH-PAYING JOBS

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IN THE SEMICONDUCTOR INDUSTRY

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ALL OVER AMERICA, INCLUDING IN

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THE HEARTLAND, RIGHT HERE IN

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INDIANA. AND PURDUE, WHAT'S

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HAPPENING HERE, IS AT THE HEART

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AND SOUL OF THAT.

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>> PURDUE IS ALREADY POISED TO

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GROW THE FUTURE WORKFORCE,

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OFFERING THE NATION'S FIRST

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COMPREHENSIVE SEMICONDUCTOR

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DEGREE.

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>> WE FEEL PROFOUNDLY, OUR

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RESPONSIBILITY TO TURN OUT AS

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MANY HIGH CLASS NEW TALENTS FOR

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THIS STATE AND NATION AS WE CAN

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TO CONTRIBUTE TO THE ECONOMIC

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VITALITY OF STATE AND NATION

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THROUGH OUR RESEARCH AND WE'VE

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GROWN QUICKLY IN ORDER TO DO

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THAT HERE

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THIS WILL BE, I DO TRULY

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BELIEVE, A CENTER OF

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SEMICONDUCTOR ADVANCE AND

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PRODUCTION. IN THE DECADES

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AHEAD.

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>> AGAIN, SECRETARY BLINKEN

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STRESSED WHAT'S GOING ON ON

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PURSUE'S

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PURDUE'S CAMPUS GOES DIRECTLY TO

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STATE LEADERSHIP ON THE WORLD

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STAGE.

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"REPORTING IN WEST LAFAYETTE,

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MARY-RACHEL REDMAN. INSIDE

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INDIANA BUSINESS."

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GERRY: PURDUE PRESIDENT MITCH

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DANIELS HOSTED A FIRESIDE CHAT

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WITH THE SPECIAL GUESTS TO

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HIGHLIGHT WHAT PURDUE IS DOING

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TO BUILD A SEMICONDUCTOR

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ECOSYSTEM.

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LET'S GO TO THE OFFICE OF THE

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PRESIDENT, MITCH DANIELS, THANKS

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FOR BEING WITH US.

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GIVE US YOUR TAKE, THIS IS A

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HIGH-PROFILE VISIT TO BE SURE.

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WAS THIS A NORMAL VISIT? CAN WE

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READ ANYTHING INTO THIS IN TERMS

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OF HOW THE WHITE HOUSE, THE U.S.

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GOVERNMENT VIEWS PURDUE AND MORE

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BROADLY, VIEWS INDIANA IN TERMS

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OF WHAT'S GOING ON HERE AND WHAT

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IT CAN PLAY IN TERMS OF THAT

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WHOLE SEMICONDUCTOR SECTOR?

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>> I THINK YOU CAN READ A LOT

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INTO IT AND I CAN'T SAY IT ANY

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BETTER THAN THE TWO SECRETARIES

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DID WHILE THEY WERE HERE. THEY

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USED TERMS LIKE BLOWN AWAY AS

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THEY CAME AWAY FROM THE TOUR,

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THE MEETING OF OUR RESEARCHERS

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AND OUR STUDENTS. I THINK THEY

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WERE REALLY STRUCK AS A LOT OF

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VISITORS ARE HERE, WITH THE FACT

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THAT PURDUE, WHILE IN THE

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VANGUARD OF THE BEST HIGH-TECH

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UNIVERSITIES IN THE COUNTRY IS

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DOING IT AT SCALE

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AND BIGGER SCALE THAN WE'VE

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EVER BEEN BEFORE. 2/3 OF OUR

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STUDENTS ARE NOW STUDYING A STEM

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DISCIPLINE AND THIS IS EXACTLY

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WHAT WAS ON THE MINDS OF THE

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SECRETARIES, AND OBVIOUSLY THEY

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HAVE TO THINK ABOUT OUR

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CHALLENGES IN SEMICONDUCTORS AND

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HIGH-TECH AT A NATIONAL SCALE

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AND PURDUE IS UNIQUE IN

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RESPONDING THE WAY WE ARE.

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>> MITCH, WHAT, IN YOUR VIEW,

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TO PUT IN PERSPECTIVE FOR THOSE

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WHO DON'T FOLLOW THIS, WHAT'S

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THE POTENTIAL HERE, AS YOU LOOK

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AT WHAT'S ABOUT TO HAPPEN IN

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TERMS OF INVESTMENT IN JOBS AND

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SEMICONDUCTOR SECTOR. WHAT'S

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THE POTENTIAL FOR PURSUE

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-- PURDUE AND MORE BROADLY,

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INDIANA.

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>> I THINK IT'S ENORMOUS.

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PEOPLE DESCRIBE SEMICONDUCTORS

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AS THE OIL OF THE NEXT ECONOMY

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OR THE ONE WE'VE ENTERED AND

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THAT'S PROBABLY NOT A BIG

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EXAGGERATION. SO, IF WE CAN BE

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AS THE SECRETARIES BELIEVE AND

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AS I'VE BELIEVED, A HOME FOR

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MUCH OF THAT, THIS WOULD BE A

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WHOLE ERA OF ECONOMIC JOBS FOR

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OUR STATE

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GARY, YOU AND I HAVE TALKED FOR

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ALMOST TWO DECADES NOW, ABOUT

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THE PSSIBILITY THAT INDIANA, BY

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BEING, HAVING A WELCOMING

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POSITIVE BUSINESS ENVIRONMENT,

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WAS BECOMING MORE AND MORE

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ADVANTAGEOUS COMPARED TO THE

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COAST, WHICH ARE SO EXPENSIVE.

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SO INCONVENIENT AND OFTEN SO

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HOSTILE TO BUSINESS.

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SO, IF YOU TAKE THAT, THAT

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BASIC EQUATION AND OVERLAY THE

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POSSIBILITIES THAT WE CAN BRING

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TO THE TABLE, WHAT PURDUE CAN,

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IN TECHNOLOGY, WE COULD BE AT

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THE, AT THE FRONT EDGE OF

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SOMETHING VERY BIG.

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>> AND YOU'RE ALREADY SEEING

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THE IMPACT WITH SKY WATER

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TECHNOLOGY AND MEDIA TECH, TWO

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BIG ANNOUNCEMENTS THERE AT

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PURDUE. THAT WILL GENERATE LOTS

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OF JOBS AND LOTS OF INVESTMENT.

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>> THEY WERE HERE, SCOUTING, SO

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TO SPEAK, US, AS A POSSIBLE

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LOCATION. MUCH AS, FOR EXAMPLE,

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THE HONDA SUCCESS A FEW YEARS

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AGO. WE KNEW WAS NOT ONLY BIG

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IN ITS OWN RIGHT, BUT WOULD

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BRING SUPPLIERS AND BUSINESS

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PARTNERS ALONG IN ITS WAKE.

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THAT'S WHAT'S GOING TO HAPPEN

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HERE.

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AND I THINK THE STATE HAS TAKEN

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ALL THE RIGHT STEPS TO ENCOURAGE

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THIS AND WE, AT PURDUE, FEEL WE

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HAVE A SPECIAL OPPORTUNITY,

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WHICH IS TO SAY A SPECIAL

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RESPONSIBILITY TO LEAD THIS NEW

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BREAK THROUGH.

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>> VERY QUICKLY, I ONLY HAVE

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ABOUT 20 SECONDS. AGAIN,

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RECENTLY PURDUE RANKED NUMBER

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SIX IN THE WORLD IN TERMS OF

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RECEIVING U.S. UTILITY PATENTS,

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PUTS IT IN -- IT'S A PRETTY

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RAREFIED AIR.

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>> ONCE AGAIN, WE'VE ALWAYS

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SEEN OUR DUTIES NOT JUST TO

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TEACH STUDENTS, NOT JUST TO DO

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RESEARCH OURSELVES, BUT TO

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TRIGGER ECONOMIC GROWTH FOR ALL

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OUR NEIGHBORS AND FOR OUR STATE.

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AND YES, OUR ECOSYSTEM,

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ENTREPRENEURIAL ECOSYSTEM IS

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ALWAYS IN THE TOP TEN IN PATENTS

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AND START-UPS IN THE COUNTRY.

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WE HAVE TO KEEP THAT GOING.

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>> APPRECIATE YOU TAKING TIME