Syracuse University Hosts Micron Technology as Company Announces $100B Historic Investment for Computer Chip Manufacturing Complex in Central New York

Syracuse College was the positioning of a historic announcement right now by Micron Know-how, which can make investments $100 billion to construct a semiconductor fabrication facility within the City of Clay. From left are Onondaga County Government Ryan McMahon, Chancellor Kent Syverud, New York State Gov. Kathy Hochul and Micron President and CEO Sanjay Mehrotra. (Photograph by Ross Knight)

Earlier right now, Syracuse College was the positioning of a historic announcement of a transformational funding by Micron Know-how within the Central New York area: a $100 billion semiconductor fabrication facility within the City of Clay—the most important funding and facility of its type in the USA. Officers with Micron introduced plans to construct a modern reminiscence fab in New York state this morning throughout an occasion within the Ok.G. Tan Auditorium, on the Daniel and Gayle D’Aniello Constructing, house of the Nationwide Veterans Useful resource Heart.

Micron Know-how Inc. is among the world’s largest semiconductor firms and the one U.S.-based producer of reminiscence. The brand new megafab will enhance home provide of modern reminiscence and create tens of 1000’s of latest jobs. It’s the largest non-public funding in New York state historical past.

Chancellor Kent Syverud welcomed Micron President and CEO Sanjay Mehrotra and a number of other native, state and federal authorities representatives for this important announcement that can impression the area and state for generations to come back. The funding will create the largest-ever cleanroom area introduced within the U.S., creating practically 50,000 New York jobs over greater than 20 years. These embrace 9,000 new high-paying Micron jobs and over 40,000 neighborhood jobs, together with suppliers, contractors and different supporting roles.

In August, President Joe Biden L’68 signed off on the bipartisan CHIPS and Science Act, which can enhance the nation’s manufacturing of semiconductors whereas fueling efforts to scale back dependence on international suppliers.

“I’m grateful to President Biden and his administration for making the CHIPS and Science Act a precedence, to Senator Schumer and a bipartisan coalition in Congress for passing the laws, and to Governor Hochul and County Government McMahon for the native and state partnerships that made this funding doable. Micron will leverage the various, extremely educated and expert expertise in New York as we glance to construct our workforce within the Empire State,” mentioned Mehrotra in a press release. “This historic modern reminiscence megafab in central New York will ship advantages past the semiconductor business by strengthening U.S. expertise management in addition to financial and nationwide safety, driving American innovation and competitiveness for many years to come back.”

At right now’s occasion with Micron Know-how, Chancellor Syverud acknowledged the crucial efforts of native and state leaders to assist convey Micron to the world. (Photograph by Jeremy Brinn)

At right now’s occasion, Chancellor Syverud acknowledged the crucial efforts of U.S. Sen. Charles E. Schumer, New York State Gov. Kathy Hochul ’80 and County Government Ryan McMahon, all of whom participated within the occasion’s talking program, to assist convey Micron to the world. Additionally in attendance had been U.S. Rep. John Katko, Syracuse Mayor Ben Walsh and CenterState CEO President Rob Simpson.

“Micron’s $100 billion funding in New York marks the beginning of one thing transformative in scale and chance for our state’s financial future. I promised that we’d jumpstart the economic system by being essentially the most business-friendly and worker-friendly state within the nation, and because of our State Inexperienced CHIPS laws, the federal CHIPS and Science Act, and extraordinary partnerships with enterprise, labor, and native and federal leaders, this challenge will do precisely that,” Gov. Hochul mentioned in a press release. “Collectively, we’re leveraging this funding—the most important private-sector funding in state historical past—to safe our financial future, solidify New York’s standing as a world manufacturing hub, and usher the state into one other Industrial Revolution.”

Syracuse College was chosen as the positioning of right now’s announcement due to the College’s deep connections and dedication to the Central New York area.

In a message to the Orange neighborhood, Chancellor Syverud mentioned: “It is a proud second for our College. Syracuse College’s educational, financial, cultural and civic contributions to Central New York are among the many components that attracted Micron to our space. The chance for collaboration—throughout all sides of our College—is important. From internship and profession alternatives for our college students and alumni, respectively, to interdisciplinary analysis alternatives, instructional applications, veterans initiatives, neighborhood constructing, engagement and funding, and financial growth, Micron will shortly develop into one in all our area’s best companions and a key driver of Central New York’s long-term prosperity.”

Micron chosen the New York website primarily based on the state’s main greater training establishments, entry to expertise historically underrepresented in expertise jobs and a big navy inhabitants aligned with Micron’s dedication to veteran hiring. The location additionally provides entry to water and clear, dependable energy to allow a challenge of this scale whereas reaching the corporate’s long-term environmental targets.

Micron and the state of New York can even make investments a historic $500 million in neighborhood and workforce growth with a concentrate on deprived populations over the length of the challenge. Reflecting the corporate’s dedication to range, fairness and inclusion, Micron’s New York plans embrace initiatives to deal with financial disparities and speed up financial alternative for underserved communities within the semiconductor business. Micron goals to rent a various workforce for each direct roles in addition to broader building ecosystem jobs.