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The
agreement signed by the U.S. Commerce Department will fund
facilities in New York and Idaho under the 2022 CHIPS and
Science Act, which aims to boost domestic manufacturing of chips
and reduce reliance on supplies from China and Taiwan.
The Commerce Department said the federal grants would support
the construction of a fabrication plant, or fab, in Clay, New
York, a first step toward Micron's plans to invest about $100
billion in New York and create 13,500 jobs.
The grants would also provide initial funding for a facility in
Boise, Idaho, unlocking a planned $25 billion investment in a
fab to be co-located with Micron's research and development
facilities there and should create 6,500 jobs, Commerce said.
"Micron's total investment will be the largest private
investment in New York and Idaho’s history, and will create over
70,000 jobs, including 20,000 direct construction and
manufacturing jobs and tens of thousands of indirect jobs," the
White House said.
Biden, who is running for re-election in November's presidential
election, will use his visit to Syracuse to tout his
administration's efforts to revitalize U.S. manufacturing and
strengthen national security, the White House said.
In the evening, he will speak at a campaign event in Westchester
County, New York.
Biden signed the $52.7 billion CHIPS bill in August 2022 to
subsidize U.S. semiconductor production and research.
Semiconductors were invented in the United States, but domestic
companies produce only about 10% of the world's chips and none
of the most advanced ones.
The White House said Thursday's announcement also included at
least $40 million in funds for training and workforce
development, as well as creation of four more workforce hubs in
upstate New York, Milwaukee, Philadelphia and Michigan.
Under the agreement, Micron committed to providing affordable
high-quality childcare for its workers across its facilities.
The company also affirmed "workers' rights to organize, to share
feedback without fear of reprisal, and to collectively bargain,"
the White House said.
(Reporting by Andrea Shalal; Editing by Tom Hogue)
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