(WNY News Now) – Governor Kathy Hochul hails the forthcoming Micron investment, heralding it as a pivotal moment for Central New York’s economy.
In a statement, Governor Hochul celebrated Micron’s commitment to inject $100 billion into Central New York, supported by federal funding from President Biden’s CHIPS and Science Act. This landmark investment is set to create 50,000 jobs and yield substantial community benefits. Hochul underscored the significance of collaborative efforts, including New York’s Green CHIPS Act, in securing this deal.
“The largest private investment in American history is on its way to Central New York. New federal funding from President Biden’s CHIPS and Science Act will help lock in 50,000 jobs, a $100 billion investment, and millions of dollars in community benefits, along with aid from the Green CHIPS Act we passed here in New York. As the first Governor from Upstate New York in more than a century, I’m proud to have helped secure this transformative deal along with our federal partners. We’re going to revitalize our Upstate economy — one microchip at a time.”
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