SYRACUSE, N.Y. — The Onondaga County Industrial Development Agency (OCIDA) board on Friday morning approved the final environmental-impact statement (FEIS) for Micron Technology, Inc.’s (NASDAQ: MU) plan to build a semiconductor-manufacturing campus in the town of Clay.
The approval means that Micron should be ready to break ground before the end of the year, pending approval of a finding statement, IDA Executive Director Robert Petrovich, executive director of OCIDA, said after the vote, per the website of Spectrum News 1.
The report itself, though, provided new details about the upcoming construction timeline. In the document, Micron revealed that construction on the first fabrication facility (fab) wouldn’t begin until the middle part of 2026, even though a groundbreaking is still scheduled for December of this year.
(Sponsored)
Important Tax Law Changes To Be Aware Of
Effective planning for your construction business not only includes understanding the items that impact your operations but also the results that taxation on your profits will have on your net
Working Another Job While on FMLA Leave is Not Necessarily Misconduct
Imagine this. You have an employee who is on leave pursuant to the Family and Medical Leave Act (FMLA) and you discover that the employee is working for another employer.
Local reporters peppered Onondaga County Executive Ryan McMahon with questions about the delay during a mid-afternoon telephone conference call that McMahon’s office had scheduled with the county executive speaking from an out-of-town location.
“Obviously … a couple of changes in the environmental-impact statement, and the changes kind of reflect the reality of the industry. It is taking about three to four years to build a fab. If you look at what’s happened in Arizona [Taiwan Semiconductor Manufacturing Company, or TSMC]… and if you look at what’s happening with Micron in Boise, Idaho right now, and the company wanted to provide themselves flexibility, certainly, in the construction. Full-scale construction will begin in December, and … in [2026] you’ll see … foundations and vertical construction. In ’27, airtight, weather tight construction going through.”
McMahon went on to say, “It would be great if this fab was operational in ’28. The reality is … it can’t be built that fast, and so our goal is to make sure that this has an opportunity to be operational in ’29, and I think the fab will be built in ’29 and production will begin and hopefully we can expedite it if the company can advance and move faster.”
Earlier that morning, McMahon issued a statement reacting to the OCIDA approval.
“Today marks a truly monumental and tangible step forward as Onondaga County becomes the hub for semiconductor memory chip manufacturing in the world. With the submission and acceptance of the Final Environmental Impact Statement (FEIS), Micron has successfully submitted a historical amount of information representing incredible due diligence,” McMahon said. “The FEIS also represents the culmination of a multi-year effort done on a scope and scale never before seen anywhere in this Country and reflective of the massive scope and scale that is the Micron project. I want to thank all of those who got us here on this historic day and I also want to thank all the people who took the time to attend participate in the process whether it was attending one of the public hearings, submitting a comment or asking questions … Make no mistake about it, today is truly a day worth celebrating in Onondaga County and Central New York.”
Micron says it expects to create 9,000 jobs directly over the next 20 years or so, with up to 50,000 total jobs added in the community, including hiring at other businesses that benefit from the project.