Micron to build new chip plant in upstate New York instead of Lockhart, Texas
Micron Technology has picked a site in upstate New York instead of a location in Lockhart south of Austin for a multibillion-dollar new semiconductor factory.
"It was between us and New York at the end, and it just came down to incentive packages," said Hoppy Haden, who serves as county judge in Caldwell County, where Lockhart is located. "New York just upped the ante, and (Micron) went with the money."
Micron, one of the world’s largest microchip manufacturers, announced Tuesday it would open a semiconductor factory in Clay, N.Y., promising a long-term investment of up to $100 billion and a plant that could bring 50,000 jobs to the state.
Micron was lured to the Syracuse area with help from a generous set of federal, state and local incentives, including up to $5.5 billion in state tax credits over 20 years.
Read more: https://www.statesman.com/story/business/technology/2022/10/04/micron-to-build-chip-plant-in-upstate-new-york-instead-of-lockhart-texas/69539166007/
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