Micron chooses Idaho for $15B chip fab plant - syracuse.com

The plant in Boise will be the first new memory manufacturing fab built ... 6,000 employees located in Boise, Micron's headquarters and the ... SkiptoArticleAtechniciantakesnotesasheisbathedinyellowlightinthephotolithographyroomattheMicronTechnologyautomotivechipmanufacturingplantTuesdayJan.1,2019,inManassas,Va.(APPhoto/SteveHelber)APNEW!335sharesByRickMoriarty|rmoriarty@syracuse.comMicronTechnologyInc.announcedThursdayitwillbuilda$15billionchipfabricationplantnearitsheadquartersinBoise,Idaho.Micron,oneoftheworld’slargestsemiconductorcompaniesandonlyU.S.-basedmanufacturerofmemory,saiditplanstoinvest$15billionthroughtheendofthedecadetoconstructanewfabfor“leading-edgememorymanufacturinginBoise.”NewYorkofficialsandU.S.Sen.CharlesSchumerhavebeentryingtopersuadeMicrontobuildamassivesemiconductorplantatWhitePineCommerceParkinClay.AsourcefamiliarwiththeeffortssaidtheplantMicronplanstobuildinBoiseisnotthesamefacilitythatisbeingconsideredfortheClaylocation.MicronsaidtheBoiseplantwillbethefirstofmultipleplannedU.S.investmentsitwillmakefollowingthepassageofthefederalCHIPSandScienceAct,andrepresentsthelargestprivateinvestmentevermadeinIdaho.InitsannouncementThursday,thecompanysaidtheBoiseinvestmentispartofMicron’sintentiontoinvestmorethan$150billiongloballyoverthenextdecadeinmanufacturingandR&D,includingplanstoinvest$40billionthroughtheendofthisdecadetobuildleading-edgememorymanufacturinginmultiplephasesintheU.S.Thecompanyindicateditwasclosetodecidingonasiteforadditionalfabricationplants.“Inlinewithourplanstoinvest$40billiondomesticallythroughtheendofdecadetobuildleading-edgememorymanufacturinginmultiplephases,weareactivelyengagedinthefinalstagesofoursiteselectionprocessforfurtherfabexpansionintheU.S.,”thecompanysaidinastatementtosyracuse.com|ThePost-Standard.OnondagaCountyExecutiveRyanMcMahonsaidWednesdaythatthecountyiscourtingthreepotentialtenantsforWhitePine.JustinSayles,aspokespersonforMcMahon,issuedthefollowingstatementThursdayafterMicron’sannouncement:“Icanreiteratewhatthecountyexecutivesaidyesterday,whichisthatwecontinuetobeafinalistforthreecompaniesandthisnewshasnotchangedthatwhatsoever.”Earlierthissummer,MicronappliedfortaxexemptionsforamassivechipplantthatwouldbebuiltnearAustin,Texas,ineightphasesandreportedlywouldcostmorethan$40billion.ButthecompanysaidMondayithasnotmadeanyfinaldecisiononwheretobuildthemassiveplantandonlysubmittedtheTexasapplicationtokeepitsoptionsopen.ThecompanysaidtheBoiseplantwillbethefirstnewmemorymanufacturingfabbuiltintheU.S.in20years,ensuringdomesticsupplyof“leading-edgememoryrequiredformarketsegmentslikeautomotiveanddatacenter,fueledbyacceleratingadoptionofartificialintelligenceand5G.”Withtheanticipatedfederalgrantsandcreditsmadepossiblethroughthe$52billionCHIPSandScienceActaswellastheincentivesprovidedbyIdaho,thenewfabwillcreateover17,000newjobs,includingabout2,000directMicronjobs,bytheendofthedecade,Micronsaid.ThecompanysaidlocatingthenewmanufacturingfabwithMicron’sresearchanddevelopmentcenteratthecompany’sheadquarterswill“enhanceoperationalefficiency,acceleratetechnologydeploymentandimprovetimetomarket.”“Weareproudofthepositiveimpactthisinvestmentwillhaveonthecommunityandourmorethan6,000employeeslocatedinBoise,Micron’sheadquartersandtheepicenterofourinnovationforover40years,”thecompanysaid.RickMoriartycoversbusinessnewsandconsumerissues.Gotatip,commentorstoryidea?Contacthimanytime:Email|Twitter|Facebook|315-470-3148Notetoreaders:ifyoupurchasesomethingthroughoneofouraffiliatelinkswemayearnacommission.