Micron Establishes Clay, New York, Semiconductor Campus
10/05/2022
When complete, the Onondaga County complex will include the nation's largest clean room space at approximately 2.4-million-square-feet, the size of nearly 40 football fields.
”We are thrilled to make this significant investment in New York, making the Empire State the location of the biggest leading-edge memory site in the U.S.,” said Micron CEO Sanjay Mehrotra. “We chose this location for many reasons, but most importantly, Central New York offers a rich pool of diverse talent, including communities that traditionally have been underrepresented in technology jobs. This historic leading-edge memory megafab will deliver benefits beyond the semiconductor industry by strengthening U.S. technology leadership, as well as economic and national security, driving American innovation and competitiveness for decades to come."
New York, Empire State Development (ESD) has offered a package of performance-based incentives up to $5.5 billion in Green CHIPS Excelsior tax credits over two phases over 20 years. These targeted incentives are directly tied to Micron creating 9,000 new jobs, investing $100 billion, and meeting the Green CHIPS community benefits package and sustainability standards. The agreement also includes a commitment by New York State to invest $200 million for necessary road and other infrastructure improvements surrounding the campus, and $100 million in funding for community benefits as part of the $500 million Green CHIPS Community Fund. In addition, the New York Power Authority (NYPA) Board of Trustees will review a power allocation award from NYPA's low-cost ReCharge NY power program at a future public meeting.
"Micron's $100 billion investment in New York marks the start of something transformative in scale and possibility for our state's economic future,” noted Governor Kathy Hochul. “I promised that we would jumpstart the economy by being the most business-friendly and worker-friendly state in the nation, and thanks to our State Green CHIPS legislation, the federal CHIPS and Science Act, and extraordinary partnerships with business, labor, and local and federal leaders, this project will do exactly that. Together, we are leveraging this investment — the largest private-sector investment in state history — to secure our economic future, solidify New York's standing as a global manufacturing hub, and usher the state into another Industrial Revolution."
Pursuant to the requirements of Empire State Development’s Green CHIPS program, and those expected of the federal CHIPs and Science Act, Micron will commit to 20 years' worth of community investments, according to state officials.
"Micron decided on New York State because of the tireless work at every level of government to make our state a place where companies such as Micron want to locate and grow,” added Empire State Development President, CEO and Commissioner Hope Knight. “ I want to thank Governor Hochul for her leadership, especially on the passage of the State's Green CHIPS program, and for her advocacy for the passage of the federal CHIPS and Science Act. For decades, we have been slowly regaining ground in the transition from traditional manufacturing to advanced manufacturing, and Micron's decision to locate in the Central New York Region is the momentum we need to succeed."
Headquartered in Boise, Idaho, Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. The company’s consumer products are marketed under the brands Crucial and Ballistix.
"The scale of Micron's semiconductor facility in Central New York is truly without comparison and will put our community at the forefront of semiconductor manufacturing,” noted President and CEO of CenterState CEO Robert M. Simpson. “The investments and jobs that will be created by Micron will transform our community and have economic benefits that ripple across the state. For two decades, the leaders of this community have worked to create the kind of place that could support a project of this scale. I am exceptionally proud that Micron noticed our history of self-led revitalization efforts. Fast, leading-edge memory is critical to the growth of IoT, Smart Cities, 5G, and the UAS sectors, in which we have made targeted regional investments. Micron's presence in Central New York fills a critical gap in our long-term strategy to develop end-to-end solutions for the growing global demand for Smart Systems. I am incredibly proud of the work of our local, state, and federal partners, who teamed up to land this monumentally important project. Our team is ready to continue working with Micron to ensure its long-term success here. Micron, welcome to Central New York."
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