In September of 2022, Micron Technology announced the largest single private investment in the state’s history, an investment of approximately $15 billion through the end of the decade to construct a new fab for leading-edge memory manufacturing.

This investment will create approximately 2,000 direct jobs by the end of the decade, and more than 17,000 indirect jobs. This will be the first new memory manufacturing fab built in the U.S. in 20 years, ensuring the domestic supply of leading-edge memory required for critical market segments.

The announcement continues over 40 years of commitment from the company in the state and its communities. Micron, which is the third largest private employer in Idaho and the fourth largest semiconductor manufacturer in the world, has been a staple in the state, calling Boise home since it was founded in 1978.

A rendering of Micron’s new expansion. | Micron Technology

Micron has a long track record of not just providing high-paying jobs and economic development in the state, but also innovation, having filed more than 50,000 patents.

Throughout this project, the Business Attraction team worked tirelessly with other partners such as the Idaho Department of Environmental Quality, Boise Valley Economic Partnership, Ada County Highway District, Idaho Association of Commerce and Industry, Idaho Power, the City of Boise and the Idaho Workforce Development Council, among others.

“Our new leading-edge memory manufacturing fab will fuel U.S. technology leadership, ensuring a reliable domestic supply of semiconductors that is critical to economic and national security,” Micron President and CEO Sanjay Mehrotra said. “We also appreciate the support of Governor Little and his administration, Idaho state legislators, Mayor McLean and our partners at Idaho Power. We are proud of the positive impact this investment will have on the community and our more than 6,000 employees located in Boise, Micron’s headquarters and the epicenter of our innovation for over 40 years.”

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Posted in Commerce, Success Story