Micron Blazes Trail To CNY Syracuse & Clay, NY, Becoming a Contender in U.S Semiconductor Manufacturing
The passage of the CHIPS and Science Act was a significant victory for the United States. This legislation is set to enhance U.S. economic and national security while driving American innovation and competitiveness for many years. The Act represents a commitment to bolstering the semiconductor industry, crucial for the nation's technological advancement and economic stability. Thanks to the diligent efforts of members of a bipartisan coalition in Congress and a very strong commitment from the state of New York.
Micron Technology is excited to announce a historic investment in the United States. This investment aims to bring leading-edge semiconductor manufacturing to the Empire State, marking a pivotal moment in the industry. Micron's investment in Central New York is poised to boost the production of American-made, cutting-edge memory chips significantly. These Microchips will play a vital role in fueling U.S. technology and manufacturing leadership, ensuring that the country remains at the forefront of innovation in the global market.
Micron, a leading semiconductor manufacturer, is making waves in Central New York (CNY), specifically in CNY Syracuse and Clay, NY. Micron quickly becomes a contender in the U.S. semiconductor manufacturing industry with its state-of-the-art facilities and cutting-edge technology. Located in CNY Syracuse and Clay, NY, Micron's presence is bringing numerous benefits to the local CNY, NY economy. The company will continue to create job opportunities for residents for many years to come, boost employment rates, and provide stability for the CNY, NY community.
Additionally, Micron's massive investments in infrastructure, research, and land development have stimulated economic growth and are already starting to attract other businesses to the area. The decision of Micron to invest a historic amount in the building of a brand-new facility in Syracuse & Clay, in Central New York, NY, is a testament to the region's potential as a hub for semiconductor manufacturing.
With its strategic location, skilled workforce that is being prepared, and supportive business environment, CNY provides an ideal setting for companies like Micron to thrive. As Micron continues to blaze a trail in CNY Syracuse and Clay, NY, this significant investment signals its optimistic future growth and its position as an industry leader in U.S. semiconductor manufacturing
Micron was recently named one of the 2022 World’s Most Ethical Companies, awarded a Ecovadis Sustainability Platinum medal (top 1%) and named one of Newsweek America’s Most Responsible Companies.
Micron's investment will create the most significant cleanroom space ever announced in the United States. This ambitious project is expected to generate nearly 50,000 jobs in New York over more than 20 years. The cleanroom will be a state-of-the-art facility designed to meet the rigorous standards required for semiconductor manufacturing.
This announcement is Micron's latest move following the passage of the CHIPS and Science Act. It follows the company's substantial $15 billion investment in leading-edge memory manufacturing at its global headquarters in Boise, Idaho. Additionally, Micron has recently expanded its fabrication facility in Manassas, Virginia, demonstrating its commitment to increasing domestic semiconductor production.
This investment is part of Micron's broader strategy to gradually increase U.S.-based DRAM production to 40% of the company's global output within the next decade. This increase will align Micron's overall supply with the anticipated growth in industry demand, making certain that the Micron company can meet the needs of its Global customers effectively.
Micron's investment will create the most significant cleanroom space ever announced in the United States. This ambitious project is expected to generate nearly 50,000 jobs in New York over more than 20 years. The cleanroom will be a state-of-the-art facility designed to meet the rigorous standards required for semiconductor manufacturing.
This announcement is Micron's latest move following the passage of the CHIPS and Science Act. It follows the company's substantial $15 billion investment in leading-edge memory manufacturing at its global headquarters in Boise, Idaho. Additionally, Micron has recently expanded its fabrication facility in Manassas, Virginia, demonstrating its commitment to increasing domestic semiconductor production.
This investment is part of Micron's broader strategy to gradually increase U.S.-based DRAM production to 40% of the company's global output within the next decade. This increase will align Micron's overall supply with the anticipated growth in industry demand, making certain that the Micron company can meet the needs of its Global customers effectively.
- Micron has selected Clay, New York, conveniently located just 10 minutes outside Syracuse, as the site for its megafab. This location was chosen for its strategic advantages and growth potential.
- The company intends to invest up to $100 billion over the next 20-plus years. The first phase of this investment, amounting to $20 billion, is planned to be completed by the end of this decade. This investment will build a leading-edge memory megafab in Clay, New York.
- This investment represents the largest private investment ever made in the history of New York State, highlighting the significance of this project for the local economy.
- The new megafab is expected to create nearly 50,000 jobs in New York, including 9,000 new high-paying jobs directly at Micron and over 40,000 community jobs. These community jobs will encompass roles in suppliers, contractors, and other supporting positions. Micron plans to begin direct hiring for the megafab in alignment with the production ramp-up.
- Micron's Central New York site could eventually feature four cleanrooms measuring 600,000 square feet. This would result in a total of 2.4 million square feet of cleanroom space, which is roughly equivalent to the size of approximately 40 U.S. football fields.
- Site preparation work is set to commence in 2024, with construction expected to begin in 2024-2025. This timeline reflects Micron's commitment to moving forward with the project as quickly as possible.
Micron is genuinely excited to start building this new megafab in CNY Clay, NY, this makes Central New York the location of the largest leading-edge DRAM memory sites in the United States. This decision underscores the importance of New York in the semiconductor landscape and its potential to drive innovation and growth in the industry.
Several factors contributed to New York being the ideal home for Micron's new mega fab, including:
- A rich pool of diverse talent, which includes communities that have been historically underrepresented in technology jobs. This much needed diversity is essential for fostering innovation and creativity within the workforce.
- CNY New York offers a lot for future Micron employees and their families. The state boasts a variety of CNY urban and outdoor lifestyles, an affordable cost of living, and access to leading higher education institutions. These factors make it an attractive place for individuals seeking career opportunities in the semiconductor industry.
- Micron sees significant partnership opportunities with local K-12 education programs, community colleges, and institutions that focus on engineering and technical talent. Collaborating with these educational entities will help a steady pipeline of highly skilled workers for the future.
- The presence of a substantial military population in the area aligns with Micron's goals for veteran hiring. This commitment to hiring veterans reflects the company's dedication to supporting those who have served the country.
- The availability and access to water and clean, reliable power are crucial for achieving Micron's long-term environmental goals. These resources are essential for semiconductor manufacturing, and New York provides the necessary infrastructure to support these needs.
- New York has a long history of semiconductor development and manufacturing, making it a promising opportunity for Micron to expand into the memory sector. This legacy provides a strong foundation for future growth and innovation.
- There are also opportunities to collaborate on research and development initiatives, including partnerships with:
1. The Albany NanoTech Complex, which serves as a hub for CNY and Upstate R&D and workforce development programs. This collaboration will enhance Micron's ability to innovate and stay ahead in the competitive semiconductor market.
2. The U.S. Air Force Research Laboratory, which focuses on mission-critical R&D programs and military and defense readiness efforts. This partnership will further strengthen Micron's capabilities in advanced technology development.
The $5.5 billion plus incentives the state of New York has committed to over the life of the project are critical to support hiring the highly skilled workforce and capital investment. This financial support, combined with the strong backing from the Town of Clay and Onondaga County, has made Micron's investment possible. The collaboration between Micron and local CNY government entities demonstrates a shared commitment to economic growth and job creation in the CNY region.
In addition to its significant investment in semiconductor manufacturing, Micron and the state of New York have worked tirelessly and announced a historic $500 million investment in the CNY community and workforce development over the duration of the project. This investment reflects Micron's commitment to not only building a state-of-the-art facility but also to supporting the communities in which it operates.
Micron again will invest $250 million in the Green CHIPS Community Investment Fund. This fund is designed to support initiatives that promotes sustainability and environmental responsibility within the community. Micron will work closely with the state and other partners to form a local Community Advisory Committee. This committee will provide valuable input into additional future investments from the Fund, ensuring that the community's needs and priorities are addressed.
Then an additional $250 million is expected to be invested, with $100 million coming from the state of New York and $150 million from local, other state, and national partners. This collaborative approach to funding will maximize the impact of the investment and ensure that it benefits a wide range of stakeholders.
Micron has announced plans to build two high-volume manufacturing fabs in the United States. These fabs will play a crucial role in enhancing Micron's technology and manufacturing leadership in the semiconductor industry. The establishment of these facilities will not only increase production capacity but also drive innovation and technological advancements.
The new megafab in New York is a key component of Micron's strategy to strengthen its position in the global semiconductor market. By investing in cutting-edge manufacturing capabilities, Micron will be aggressively working to meet the growing demand for memory products and maintain its competitive edge.
In conclusion, Micron's historic investment in New York represents a transformative opportunity for the semiconductor industry and the local economy. The combination of significant financial investment, job creation, and community development initiatives will have a lasting impact on the region. As Micron moves forward with its plans, it is poised to play the leading role in creating and shaping the future of semiconductor manufacturing in the United States. The collaboration between Micron, the state of New York, and local communities will ensure that this investment not only benefits the Micron company but also contributes to the massive overall growth and prosperity of the CNY region.
This investment is not just about building a facility; it is about creating a sustainable future for the semiconductor industry in the U.S. and fostering innovation that will drive economic growth for years to come. Micron's commitment to community engagement, workforce development, and environmental sustainability sets a new standard for corporate responsibility in the technology sector. As the company embarks on this exciting journey, it will undoubtedly inspire others to follow suit, further strengthening the
U.S. semiconductor ecosystem and ensuring that America remains a leader in technology and innovation. Micron's investment in New York will significantly complement the company's high-volume manufacturing fab located in Boise, Idaho, which is strategically co-located with research and development (R&D) operations. This synergy between manufacturing and R&D is crucial for fostering innovation and ensuring that Micron remains at the forefront of semiconductor technology.
The CNY Clay, NY facility is set and plans to employ the most advanced semiconductor manufacturing processes and tools available today. Among these cutting-edge technologies is extreme ultraviolet (EUV) lithography, which will be instrumental in driving industry leadership across several generations of dynamic random-access memory (DRAM). This facility will not only enhance Micron's production capabilities but also solidify its position as a leader in the semiconductor market.
Micron's facility in Manassas, Virginia, continues to play an important role in the company's overall manufacturing footprint. It supplies Micron's long-lifecycle technologies that are essential for various applications, including automotive, networking, and defense. This diverse range of applications highlights the critical nature of Micron's products in supporting key industries that drive the economy.
Micron is deeply committed and ready to deliver on the existing sustainability framework for the design and operations of its new facility. This commitment includes ambitious goals aimed at promoting environmental responsibility and sustainability. The company aims to:
- Achieve 100% water reuse, recycling, and restoration, making certain that water resources are managed efficiently and sustainably.
- Utilize 100% renewable electricity at the new facility, while working to reduce reliance on fossil fuels and minimizing the carbon footprint.
- Implement green infrastructure and sustainable building attributes during the long period of construction of the new fab manufacturing plant to attain Leadership in Energy and Environmental Design (LEED) Gold status, which reflects a commitment to high environmental standards.
- Mitigate and control greenhouse gas emissions (GHG) associated with the new facility, contributing to a healthier environment.
- Incorporate energy efficiency measures throughout the facility to optimize energy use and reduce waste.
- Utilize green hydrogen – hydrogen produced through electrolysis powered by renewable electricity, which generates no GHG emissions – to the extent feasible, aiming to displace or completly replace all of the natural gas along with the gray- hydrogen consumption.
- Micron will Adopt measures to reduce and avoid waste generation, striving to achieve zero hazardous waste sent to landfills.
These sustainability efforts are important as they support Micron's global vision to target and achieve a baseline 42% reduction in GHG emissions from operations ("scope 1") by 2030. Furthermore, the company aims for net zero emissions from it's operations and purchased energy ("scope 1 & 2") by 2050, aligning with the objectives of the Paris Agreement. This solid commitment to sustainability not only benefits the environment but also positions Micron as a responsible leader in the semiconductor industry.
Micron's dedication to ethical practices has not gone unnoticed. The company was recently named one of the 2022 World's Most Ethical Companies. Additionally, Micron was awarded an Ecovadis Sustainability Platinum medal, placing it at the top 1% of companies for sustainability practices. The company was also recognized as one of Newsweek America's Most Responsible Companies, further solidifying its reputation as a leader in corporate responsibility.
Micron's investment in New York is not just about building a facility; it is about creating a sustainable future for the semiconductor industry in the U.S. and fostering innovation that will drive economic growth for years to come. The company's commitment to community engagement, workforce development, with environmental sustainability sets a new standard for corporate responsibility in the technology sector. As Micron embarks on this exciting journey, it will undoubtedly inspire others to follow suit, further strengthening the U.S. semiconductor ecosystem and ensuring that America remains a leader in technology and innovation.
In summary, Micron's investment in New York represents a transformative opportunity for the semiconductor industry and the local economy. The combination of significant financial investment, job creation, and community development initiatives will have a lasting impact on the region. As Micron moves forward with its plans, Micron is ready to play a leading role in creating the vision for and shaping the future of semiconductor manufacturing in the United States. The collaboration between Micron, the state of New York, and CNY local communities will ensure that this investment not only benefits the Micron company but also contributes to the overall growth and prosperity of the CNY region.
KH-Realty at Berkshire Hathaway CNY Real Estate at 315-715-2949
ABOUT KH REALTY AT BERKSHIRE HATHAWAY CNY REAL ESTATE
KH Realty at Berkshire Hathaway CNY Real Estate is committed to deliver excellent service to their clients. Since 1993 we have been buying, selling and managing CNY real estate. Maybe you are moving to our community to work on the construction phase of Micron fab semicoductor chip manufacturing and since many construction workers will be here for many years would like to bring your family.
We can help you rent or buy a home where your close to the Micron worksite and we can also help you find the neighborhoods with the best schools for your childen. KH- Realty has lived and worked here over 40 years and it would be our pleasure to help you anyway we can.
In 2001 we formed a maintenance company to perform routine grounds maintenance and repair service for CNY property owners and management companies throughout Onondaga county. In 2017 the owner Kevin Hagan became a licensed real estate agent & broker. Since then, he has earned top production awards and completed millions of dollars in real estate sales.
If you are looking to sell, buy or need help with managing your CNY rental homes, condo's or other real estate you are in the right spot! Have questions give us a call at 315-715-2949
KH Realty Group has been committed to delivering excellent real estate management service to our clients since 1993 in the greater Liverpool, NY area. KH Realty Group follows the BHHS CNY Realty Standard Operating Procedure. Contact us today for free consultation and see how KH Realty Group can help you.
