Hochul reveals new details about where, how much Micron plans to invest in Syracuse

Syracuse, N.Y. — Gov. Kathy Hochul early this morning provided more details about the investments in education, child care and community groups that government officials say are coming along with Micron Technology investments in Clay.

© Dennis Nett | dnett@syracus.com/syracuse.com/TNS Micron picks Syracuse suburb for huge computer chip plant that would bring up to 9,000 jobs. From left, New York Gov. Kathy Hochul holds up a chip during the announcement. Dennis Nett | dnett@syracuse.com

The details come as President Joe Biden is headed to Onondaga Community College today to talk about Micron’s investment in Central New York.

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Already, Micron and government officials have said they would pool resources to create a $500 million community fund that would help the computer chip fabricator build its workforce of up to 9,000 in Central New York.

Today, we got more details about some of that spending. The company is pledging $10 million toward the city’s new STEAM school, a downtown but county-wide high school that will focus on science, technology, engineering, arts and math. Other investments include $500,000 each to the YMCA of Central New York and to The MOST museum in Armory Square.

Here’s a detailed look at where some of that money would be spent, according to a news release from Hochul’s office:

Schools. Micron will spend $10 million over 10 years at the STEAM school, the first in region to designed to bring together the arts with science, technology, engineering and math, and at other schools in Central New York “to reach historically marginalized students and reduce barriers to future STEM careers.” The company will also run its “Chip Camp,” a day camp for up to 100 students a week.

Onondaga Community College: Micron and Onondaga County will spend $10 million at OCC to build a clean room and to expand the college’s technology programs, training students to be Micron engineers and technicians.

Business development. Micron will spend $10 million to help attract new businesses to the region.

Banks. The company plans to deposit $10 million in banks and credit unions owned or directed primarily by minority groups.

Universities. The semiconductor company will create a partnership with Syracuse University to “support new, diverse faculty whose research and teaching will train the workforce of the future.” Micron will also work with other New York engineering schools, including Clarkson and Cornell universities.

Veterans. Micron plans to hire more than 1,500 military veterans by working with SU’s D’Aniello Institute of Veteran and Military Families.

YMCA. Micron will invest $500,000 in the YMCA of Central New York to expand child care and early learning programs.

MOST. The company will spend $500,000 on a long-term, hands-on exhibit at the Museum of Science & Technology on semiconductors and their applications.

Micron announced Oct. 4 that it has selected White Pine Commerce Park in Clay for a megafab that it says will create 9,000 direct jobs and more than 40,000 support jobs in Central New York over the next 20 years, as well as 5,000 construction jobs. The decision followed months of lobbying by Schumer, Hochul and McMahon — and a state incentive package worth nearly a $6 billion over 20 years.

Biden will arrive at Syracuse Hancock International Airport on Air Force One, then proceed to Onondaga Community College for an appearance with Micron President and CEO Sanjay Mehrotra, Gov. Kathy Hochul, Schumer, Onondaga County Executive Ryan McMahon and other federal, state and local officials at SRC Arena. He will be the first president to visit the college in its 61-year history.

©2022 Advance Local Media LLC. Visit syracuse.com. Distributed by Tribune Content Agency, LLC.

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