As federal incentives are being considered, U.S.-based Micron Technology, Inc. is exploring a future option to expand its footprint, including locations in upstate New York.
Schumer has proposed $ 52 billion to implement federal semiconductor manufacturing and R&D incentives that the Senate is considering This week; Pushes to clinch Micron’s installation and cement New York’s leadership in the national semiconductor industry
Schumer To Micron: Come to upstate New York, the future semiconductor epicenter!
After tabling the US bipartisan innovation and competition law last week, which combines its endless borders law, other bipartisan competitiveness bills and $ 52 billion in additional emergency funding for implement the semiconductor-related manufacturing and R&D programs authorized in last year’s National Defense Authorization Act and a legacy chip production support program that is critical to the industry automotive, military and other critical industries, U.S. Senate Majority Leader Charles E. Schumer met with Micron Technology President and CEO Sanjay Mehrotra to urge Micron to locate a future factory in upstate New York. During the meeting, the senator said New York has several sites across Upstate ready to host a new Micron facility. From the STAMP campus in western New York and the White Pines campus in central New York, to Marcy Nanocenter in the Mohawk Valley and Luther Forest in the Capitol region, Schumer has expressed strong support for the upcoming project in the Empire State. As new federal incentives are being considered, Micron is evaluating opportunities to strengthen the company’s manufacturing and R&D footprint.
“Micron’s interest in exploring options to expand its footprint in the United States, and potentially upstate New York, is exciting news for the state and nation as a whole. I made it clear to Micron that I strongly support locating a state-of-the-art memory factory on one of the many out-of-the-box locations across New York City and reiterated that the robust semiconductor industry. drivers of Upstate NY makes it the perfect place for Micron to set up shop ”. says Senator Schumer. “Our world-class manufacturing workforce combined with New York’s considerable experience in semiconductor manufacturing and R&D means the state is booming and ready to welcome a new facility. I stand ready to help Micron harness all the federal government has to offer to ensure the United States continues to lead the semiconductor industry and solidify New York as a global high-tech manufacturing hub. .
Schumer added“When I first announced my proposal to create the very first new federal semiconductor manufacturing and R&D incentive program, I said it could put sites across New York vying for new semiconductor factories and the thousands of new jobs that will follow. I tabled the bill to fully fund my proposal last week and am working to get the Senate to pass the bill by the end of this week, but it has already garnered consideration from companies like Micron for standing. develop at the national level. Once we are able to pass emergency funding into law, I will work to secure the necessary federal investment and offer my unwavering support to help Upstate compete for this plant and other facilities that will help consolidate our national semiconductor offering.
Schumer pointed out that the United States has gone from producing 24% of the world’s semiconductors in 2000 to just 12%, while China, by comparison, has gone from producing zero chip to 16% of the world. global offer. Indeed, the United States is not up to the investments made by other competing countries to land new semiconductor chip factories that create jobs. Schumer’s historic legislation, the U.S. Innovation and Competition Act, will offer federal incentives to semiconductor factories in the United States, helping to reverse the trend of semiconductors manufactured abroad and level the playing field for companies like Micron to build new factories in the United States. United Schumer said Micron was a strong supporter of CHIPS and the move, with strong government support for a project, would increase their consideration for building new factories like this in the United States.
Micron is the only manufacturer of solid-state memory and storage solutions in the United States and globally 4e largest semiconductor company. Employing more than 40,000 people in 17 countries, Micron is headquartered in Boise, Idaho, where it operates one of the most advanced R&D centers in the world, and has a strong manufacturing presence in the United States at Manassas, Virginia.