Micron Building a $100 Billion Megafab in Central New York
Micron Technology has been on a roll. It recently announced plans to build a high-volume manufacturing facility in Idaho and now plans to build the largest fabrication facility in the history of the United States. The megafab will increase the domestic supply of leading-edge memory and create nearly 50,000 New York jobs, including approximately 9,000 high-paying Micron jobs. The site could eventually include four 600,000 square foot cleanrooms, for a total of 2.4 million square feet of cleanroom space – or approximately 40 U.S. football fields.
Micron’s strategy is to gradually increase American-made leading-edge DRAM production to 40% of the company’s global output over the next decade. Site preparation work will start in 2023; construction will begin in 2024, and production output will ramp up in the latter half of the decade.
$5.5 billion in incentives from the state of New York over the life of the project, alongside anticipated federal grants and tax credits from the CHIPS and Science Act, are critical to support hiring and capital investment. In addition, the Town of Clay and Onondaga County are providing key infrastructure support for Micron’s new leading-edge semiconductor facility.
Micron and the state of New York are also announcing a $500 million investment in community and workforce development with a focus on disadvantaged populations throughout the project. Micron will invest $250 million over the next 20-plus years as part of the company’s commitment to the Green CHIPS Community Investment Fund.
Micron’s New York plans include initiatives to address economic disparities and accelerate economic opportunity for underserved communities in the semiconductor industry. Micron aims to hire a diverse workforce for direct roles and broader construction ecosystem jobs.
Micron plans to use 100% renewable electricity at the new facility, a green infrastructure, and sustainable building attributes to construct the New York fab to attain Leadership in Energy and Environmental Design (LEED) Gold status.
For more information on Micron’s investment into U.S. manufacturing, read our other stories:
