Leading-edge megafab will create nearly 50,000 New York jobs.
Micron Technology, one of the world’s largest semiconductor companies and the only US-based manufacturer of memory, plans to invest up to $100 billion over the next 20-plus years to build a leading-edge memory megafab in New York. This megafab, which will create nearly 50,000 New York jobs, is the result of the bipartisan work of Congress and the Biden Administration to pass the CHIPS and Science Act.
Building the workforce of the future
Both traditional and non-traditional workforce development pathways are critical to train the workforce at the scale necessary for the US semiconductor industry. The workforce of the future will require talented engineers and technicians with diverse skill sets to manage and operate state-of-the-art cleanroom facilities and develop advanced engineering solutions. Micron is committed to make these careers accessible to all, particularly to individuals in underrepresented and rural communities.
Investing in STEM education
STEM education in K-12 through post-secondary schooling and training programs is essential to create a skilled talent pipeline. Micron will invest in local education programs and empower under-resourced youth to pursue careers in STEM to support building a more diverse and inclusive technology industry at large.
As part of Micron’s commitment, the company will invest $10 million over 10 years in the Syracuse STEAM school—the first collaborative school in the area designed to integrate the areas of science, technology, engineering, the arts, and mathematics—as well as other K-12 programs in the region to reach historically marginalized students and reduce barriers to future STEM careers.
Engaging with local communities
Micron prioritizes investing in and enriching the communities where its team members live and work. In support of childcare and early childhood readiness programs, Micron will make an initial $500,000 investment in the YMCA of Central New York. This investment aims to expand access to high-quality childcare and early learning for underserved communities in the region. Micron will continue to partner with the YMCA and other organizations to identify future investments that empower children and families and build an equitable and inclusive community for all.
Additional Micron commitments
Micron will continue evaluating ways to support the Central New York region to cultivate the next generation of talent, accelerate economic opportunities for underserved communities, support the region’s infrastructure, and build a diverse labor pool.
In line with this extended commitment, Micron will establish Syracuse University’s Future-Ready Workforce Innovation Consortium at the College of Professional Studies. In partnership with the Central New York business community, trade unions, community colleges and other four-year institutions in New York State and beyond, Micron will collaborate with Syracuse University to implement a multidimensional and inclusive approach to workforce development, upskilling, and professional retention.