Micron officially began construction on the United States’ first memory chip manufacturing plant in 20 years on Thursday in Idaho. A ceremonial concrete pour marked the expansion and 45th anniversary of the local software enterprise.
“Soon, Boise will be home to one of the world’s most advanced manufacturing facilities,” said Scott Deboes, executive vice president of Technology and Products. Hundreds of individuals, including Micron staff and local officials, attended the celebration on Thursday.
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Micron now conducts research and development in its Boise location. Once the manufacturing plant is completed, CEO Sanjay Mehrotra stated that they would be able to manufacture part of that technologies in house rather than throughout the world. “This facility will last for decades to come,” Mehrotra remarked. “It will transform the community here in Idaho, the landscape of semiconductors in the U.S., and, of course, to establish U.S. leadership in semiconductor memory technology.”
Cost of the Micron manufacturing facility in Idaho
Micron revealed plans to invest around $15 billion until the end of the decade in the construction of a new fab for leading-edge memory production. It will be co-located with the company’s R&D epicentre in Boise.
Micron will invest $15.3 billion in the Idaho economy. Furtherore, it will spend $13.0 billion with Idaho firms over the course of the project. The project will generate nearly 17,000 new Idaho employment. This includes 2,000 Micron direct jobs, highlighting the importance of a diversified, highly qualified workforce.
During Thursday’s ceremony, Mehrotra also announced a $75 million investment in Micron’s Community Investment Framework. The funds will be used for community and workforce development.
“Micron’s investment, plus our [Idaho] Launch Initiative, will facilitate the next generation of students to truly be masters of their own destiny and add to Micron’s ability to be competitive globally and enhance the security of this great country,” said Brad Little, governor of Idaho. The manufacturing plant is expected to be completed by 2025.
