New York State and Micron Announce Committee to Guide Investment of Funding from Micron Community Investment Framework
Governor Kathy Hochul and Micron Technology, Inc. have announced the formation of a Community Engagement Committee to advise on the company’s $100 billion investment in a new megafab in Clay, New York. The committee will be made up of local stakeholders and will focus on workforce development, education, housing, transportation, and community assets.
The megafab is expected to create 50,000 direct and indirect jobs. The committee will work with Micron, Empire State Development (ESD), local governments, and regional stakeholders to develop a Community Priorities Document that will guide the investment of funding from the Micron Community Investment Framework. The document will include specific priorities for underrepresented communities.
The committee’s work will also complement the newly announced Governor’s Office of Semiconductor Expansion, Management, and Integration (GO SEMI). GO SEMI will be led by ESD and will work in coordination with federal and local partners to coordinate investments in the semiconductor industry.
The formation of the Community Engagement Committee is a critical component of the Community Investment Framework agreement made between New York State and Micron in October 2022. The committee’s work will ensure that the project benefits all members of the community and that Central New York becomes a global hub for manufacturing and innovation.