Micron to build new chip plant in upstate New York instead of Lockhart, Texas

[TexasTowelie]

Micron Technology has picked a site in upstate New York instead of a location in Lockhart south of Austin for a multibillion-dollar new semiconductor factory.

"It was between us and New York at the end, and it just came down to incentive packages," said Hoppy Haden, who serves as county judge in Caldwell County, where Lockhart is located. "New York just upped the ante, and (Micron) went with the money."

Micron, one of the world’s largest microchip manufacturers, announced Tuesday it would open a semiconductor factory in Clay, N.Y., promising a long-term investment of up to $100 billion and a plant that could bring 50,000 jobs to the state.

Micron was lured to the Syracuse area with help from a generous set of federal, state and local incentives, including up to $5.5 billion in state tax credits over 20 years.

Read more: https://www.statesman.com/story/business/technology/2022/10/04/micron-to-build-chip-plant-in-upstate-new-york-instead-of-lockhart-texas/69539166007/

[walkingman]

1. I wonder about this....

could Texas politics have anything to do with this? Although Lockhart is basically a suburb (about 30 miles) from Austin and somewhat removed from the East and West Texas rural ideology the State politics are what I would say is moving quickly back to the 1950's.

Anyway - Congrats to NY - a major win for you guys and a major loss for Texas.

[NBachers]

2. This part of Western / Central New York State is suited for technical industry - population,

transportation, education, water, land. This may be a growing trend.

[RainCaster]

3. Chip plants require stable power

TX can't provide that.