Wednesday, June 25, 2025

Governor Hochul Marks Major Progress on Micron’s $100 Billion Investment in New York With Public Release of Draft Environmental Impact Statement

semiconductor chips

Report is One of the Most Exhaustive Expert Analyses Ever Considered for a Project in New York State

Reflects 2.5 Years of In-Depth Evaluation and Research To Measure and Manage Micron’s Arrival

Micron Fabs Will Create up to 50,000 New Jobs, Including 9,000 Jobs at Micron and Thousands of Prevailing Wage Construction Jobs

Includes Nation’s Largest Clean Room and Industry Leading Standards

New York State and Micron Partner To Establish $500 Million Community Investment Fund Supporting Local Priority Initiatives

Prioritizes Local Hiring, Veterans and Small Businesses

Governor Kathy Hochul today marked a major step forward for the Micron project in Central New York with the public release of the Draft Environmental Impact Statement (DEIS), a required component of both the State Environmental Quality Review Act (SEQR) and the federal National Environmental Policy Act (NEPA). The approximately 20,000-page document, jointly prepared by the Onondaga County Industrial Development Agency, the US Commerce Department and Micron, reflects one of the most thorough analyses ever conducted for a project in New York State, befitting the historic nature and transformative impact of Micron’s plan to invest up to $100 billion and support the creation of nearly 50,000 jobs over the next 20-plus years and will include the nation's largest clean room space at approximately 2.4 million square feet.

“We’re transforming Upstate New York’s economy one microchip at a time,” Governor Hochul said. “This marks a major milestone in Micron’s commitment to New York, showing how economic growth and environmental protection go hand-in-hand. This project is set to transform Central New York — and we’re moving full speed ahead.”

Micron Executive Vice President of Global Operations Manish Bhatia said, “We appreciate the local, state, and federal agencies whose assistance and review have been instrumental in helping us reach this important milestone. Micron remains focused on bringing leading-edge memory manufacturing to New York. We’ve taken great care to prepare comprehensive draft environmental impact statement materials for review by the public and by local, state, and federal government agencies. As we move toward ground preparation later this year, we look forward to working closely with the lead agencies to ensure the process meets all regulatory requirements and provides meaningful opportunities for community input.”

The public release of the DEIS is the latest milestone marking the ongoing partnership between Micron and New York State that was forged in October 2022 when Micron chose Central New York for its megafab. Governor Hochul has worked closely with local, state and federal partners to prepare for Micron’s arrival and make continued investments in the community and the region. As part of the Governor’s Green CHIPS incentive program, Micron will work to reduce greenhouse gas emissions, expand water restoration, reuse, and recycling efforts and target carbon-free energy, aligning with New York's goal of achieving a clean energy economy. Over the next 45 days, the public will be able to comment on the findings in the DEIS. Within the comment period, an in-person public hearing will be held on July 24 at Liverpool High School. The comment period closes on August 11. Instructions on how to comment are available on the Onondaga County Office of Economic Development website.

This $100 billion investment by Micron is the largest private investment in New York’s history and will contain the largest cleanroom in the United States. And by the end of the decade, one in four U.S. made chips will be produced within 350 miles of Upstate New York — no other region in the country will manufacture a greater share.

Micron’s presence in Central New York, represents transformative growth in Upstate New York. This includes:

  • 9,000 new, good paying jobs at all levels of education on site
  • Up to 50,000 new permanent jobs in the region over next 30 years and tens of thousands of construction jobs over the next 20 years to build the campus
  • An additional $9.5 billion in regional economic output annually starting in 2027, ramping up to over $16 billion annually by 2041
  • An additional $3.3 billion in annual disposable income for Central New Yorkers by 2035, averaging to $5.4 billion annually in 30 years
  • Nearly $20 billion in revenue for state and local governments to improve schools and other public services

After decades of stagnation, the Central NY population is expected to increase. Micron’s project is expected to attract upwards of 84,000 people to New York — the vast majority of them (76,000+) to the Central New York Region. To handle this growth, planned investments include:

  • Long-term infrastructure investments to support regional growth, including expanded water, wastewater, gas, electric and transportation systems
  • The $500 million Community Investment Fund developed to ensure inclusive economic growth, workforce development & quality of life enhancements for Central New York
  • The flagship location of the state’s new $200 million ON-RAMP workforce development program on the South Side of Syracuse
  • Governor Hochul’s historic housing policies include multiple initiatives and funding programs at the state level, and local policies are being developed to stimulate the regional market to increase the supply of affordable, high quality housing choices to meet high demand

Governor Hochul has prioritized the semiconductor industry as a major part of her Executive Budgets since taking office. The Governor secured an additional $500 million capital investment for NY CREATES’ Albany Nanotech Complex with total State investment of $1 billion to jumpstart a $10 billion partnership that will bring a cutting-edge High NA EUV Lithography Center to the Complex. The Governor also announced the partnership with IBM, Micron, Applied Materials, Tokyo Electron and other leaders from the semiconductor industry last year as part of her commitment to establishing a global hub for semiconductor manufacturing in New York. Once completed, this new center will build on other semiconductor-related investments to make New York home to the first publicly owned High NA EUV Lithography Center in North America, support the long-term growth of New York’s tech economy and create and retain thousands of direct, indirect and union construction jobs.

Governor Hochul has secured $100 million in additional funding for the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) program. Launched in December 2022, FAST NY has awarded more than $175 million to prepare more than 2,500 acres across 20 sites in every Upstate region for shovel-readiness, a key feature businesses seek when looking to locate. Awards to improve sites have attracted companies such as Edwards Vacuum, Siemens Mobility, Chobani and fairlife.

Additionally, in October 2023, Governor Hochul unveiled plans for the $15 million, 5,000 square-foot Micron Cleanroom Simulation Lab at Onondaga Community College, which will help to train students in Central New York for jobs at Micron.

Most recently, Governor Hochul introduced a new, enhanced benefit tier for semiconductor supply chain companies; a new program to provide tax credits for large-scale semiconductor R&D investments of $100 million or more in qualified expenditures; a new semiconductor manufacturing workforce training incentive; and an overall 5-year extension of the Excelsior program.

Semiconductors are vital to the nation's economic strength, serving as the brains of modern electronics, and enabling technologies critical to U.S. economic growth, national security and global competitiveness. The industry directly employs over 300,000 people in the U.S. and supports more than 1.8 million additional domestic jobs. Semiconductors are a top five U.S. export, and the industry is the number one contributor to labor productivity, supporting improvements to the effectiveness and efficiency of virtually every economic sector — from farming to manufacturing.

New York is home to a robust semiconductor industry of 156 semiconductor and supply chain companies that employ over 34,000 New Yorkers. Under Governor Hochul’s leadership, the industry is continuing to expand with major investments from semiconductor businesses and supply chain companies like Micron, GlobalFoundries, AMD, Edwards Vacuum, Menlo Micro and TTM Technologies to expand their presence in New York.


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