FAST FIVE: Micron To Spend Up To $100 Billion To Build New Plants In Upstate New York
It would mark the single largest investment in New York state's history, a report from Syracuse.com says. The company is expected to unveil details about the project this week.
Proving that liberal politicians do support capitalism and billion dollar companies when it fits their narrative of job creation, Schumer commented: “This is incredible and transformative news for Central New York and for the entire US economy.
The first project alone – a $20 billion “mega-fab” – is expected to employ 3,000 people.
The company has its sights set on building a 7.2 million square foot complex with clean room facilities that would be “about the size of 40 football fields”.
Micron is claiming that local employees will be paid an average salary of $100,000 per year. Hocul commened: “It's stunning in its scale.