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Micron Technology's ambitious project to build a chip fabrication complex in Clay is progressing ahead of schedule. An executive from Micron announced on Wednesday (April 22) that the company might begin pouring concrete for the first of four planned facilities by the end of this year. The complex, located at the intersection of Caughdenoy Road and State Route 31, is expected to create thousands of jobs.
The first fabrication plant is set to start producing memory chips in 2030. This development is part of Micron's larger vision, which includes the construction of the largest semiconductor facility in the United States. The project represents the largest private investment in New York state history, with a total cost of up to $100 billion over 20 years. According to Micron, the plant will directly employ up to 9,000 people, with an additional 40,000 jobs created by supply chain and other businesses attracted to the region.
The Onondaga County Industrial Development Agency is also advancing plans for a second business park nearby to support Micron's supply chain. This park will house companies that provide materials and services to Micron's semiconductor plant. The agency is seeking state and federal grants to help develop the park.
Micron's Chairman, President, and CEO, Sanjay Mehrotra, previously emphasized the importance of the project, stating, "Breaking ground at Micron’s New York megafab is a pivotal moment for Micron and the United States." The groundbreaking ceremony took place in January, marking a significant step in the company's expansion efforts.
The project is part of Micron's broader $200 billion U.S. expansion plan, which includes additional facilities in Idaho and Virginia. These investments aim to strengthen Micron's leadership in advanced memory technology and support the growing demands of AI systems and devices.