The United States company Mikron Technology announced its intention to invest up to $100 billion over the next 20 years in the construction of a huge semiconductor complex in the United States, an enterprise that will appear in the north of the state of New York and create up to 50,000 jobs.
The company's announced investment is a long-term business investment in the United States. According to available data, the first investment phase is $20 billion until the end of this decade. The Mikron production complex will be built in Clay, New York. According to the approved plan, the site preparation will begin next year, construction will begin in 2024 and production will start after 2025. Over the next 20 years, Mikron is expected to create about 50,000 jobs, including 9,000 jobs for employees of the company. The remaining 40,000 jobs will be distributed to suppliers, contractors and others. The company's plan is also expected to invest $500 million in staff training.
According to the source, the state authorities will provide a series of stimulus measures totalling $5.5 billion. Officials indicated that financial support would be provided in a phased manner as the Mikron project evolved. The amount of federal support that the company will receive is not yet known. Since the Federal Semiconductor Investment Act, which provides $52 billion for the expansion and construction of new semiconductor plants in the United States, was passed about two months ago, companies cannot seek government support until next year.