Here's one of them.
Posted on 10/04/2022 3:17:15 PM PDT by Twotone
Boise-based Micron Technology announced today that they are spending big money, no considerable money east of the great river. Folks are wondering just how much money Micron will spend, considering they announced spending fifteen billion dollars to build a new Fab in Boise.
Just like in Boise, Micron leadership thanked the democrats for passing the CHIPs and Science Act. The legislation gave billions of dollars to encourage companies to bring back fabs and other technological facilities to America.
“I am grateful to President Biden and his Administration for making the CHIPS and Science Act a priority, to Senator Schumer and a bipartisan coalition in Congress for passing the legislation, and to Governor Hochul and County Executive McMahon for the local and state partnerships that made this investment possible. Micron will leverage the diverse, highly educated and skilled talent in New York as we look to build our workforce in the Empire State,” said Micron President and CEO Sanjay Mehrotra. “This historic leading-edge memory megafab in Central New York will deliver benefits beyond the semiconductor industry by strengthening U.S. technology leadership as well as economic and national security, driving American innovation and competitiveness for decades to come.”
How Much Is Micron Spending? Micron's New York investment makes the fifteen billion dollars for the Boise fab seem like chump change. The company says it will spend one hundred billion dollars on what they're calling the New York mega-fab.
As we've written before, Micron returning fabs to America is a good thing for our nation's future and national security. It's regrettable that the company needed the tax payer funds to make it happen.
(Excerpt) Read more at kidotalkradio.com ...
How many American citizens work for this company?
silica is everywhere...
I know….I was kidding.
Might be a good time to buy some stock in Corning. They’d certainly be in position to supply refined silica. Even flat stock by the mile.
I’m afraid I don’t know that history of the company. I would bet that Simplot wanted to invest in jobs and tech, here.
The current CEO seems to just want jobs for his family.
Don’t worry... AOC will have the place unionized before the first chip touched the dip. Micro will close the plant and move the operations to Gudelahara leaving Uncle Sugar holding the bag.
So we subsidized it. Nancybucks.
Silica suitable for conversion to silicon computer chips is *not* everywhere.
Here's one of them.
NY has pretty good tax incentives on the company side for relocating there. They just stick it to the workers with property taxes and income taxes to make up the difference.
NY has also been trying to get Chip technology companies to relocate in the state for years. They have a number of public/private partnerships to do just that. Global Foundries has a number of chip making plants they took over from IBM in the state.
It's funny that in a high tax state they think nothing of providing almost tax free status for a corporation to relocate to their state, but heaven forbid that you should lower taxes so your citizens could enjoy a better lifestyle.
Gee, if it is anything like the “Film Hub” “LED Factory” “Gig Center” and the rest of Prince Andrew’s con game “projects” more cash will find their way into the “special accounts” of the Gatekeepers than will go into the project.
Just an educated note here, Corning sold off most of its consumer business to World Kitchen, who still makes Corelle, Pyrex and other consumer goods. Steuben Glass (fine Crystal) went OOB due to the plandemic, Corning has been in very high tech operations for many years, diesel emissions equipment, refined silica, and on and on. They really bounced back after Agnes in 1972 almost wiped them out. They are a great company and are thriving in Corning and Oneonta.
I believe it is the current vernacular for a manufactory facility.
Silicon chip fabrication. See the link I put up earlier in the thread.
Years ago I worked for the ad agency in Boise that handled Simplot’s Food and Mineral divisions’ accounts. Simplot also had just started Micron, which grew pretty fast. I was just curious whether Micron was still under the Simplot umbrella or had been spun off. At the time Simplot was one of the largest privately-owned companies in the country. If they still run Micron it appears they’ve metastasized since then.
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