Micron Technology, Inc. has begun construction on a new memory manufacturing fab in Boise, Idaho. The semiconductor company will invest $15 billion into the project and generate 2,000 new jobs for the surrounding area. The new facility will be co-located with the company’s R&D epicenter. The new plant will also be funded by grants and credits provided by the CHIPS and Science Act.
In a recent quote, Micron President and CEO Sanjay Mehrotra said, “We are laying the foundation for Micron’s future and charting a path for revitalized U.S. high-tech manufacturing — just a year since we first broke ground here in Boise. As I reflect on the opportunity ahead, I value all of the incredible Micron team members, who over the last 45 years, have contributed to driving record-breaking innovations and making the Boise community the remarkable place that it is today. Our investments here and in New York will secure domestic memory production in the U.S., meeting the advanced applications of the future’s demands for the vast amounts of memory required for fast and efficient data storage and processing.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.