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Campus & Community

A Historic $100B Investment in Central New York

Tuesday, October 4, 2022, By News Staff
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alumniChancellor Kent Syverudfaculty and staffStudents

Dear Members of the Syracuse University Community:

I write today with great excitement and optimism for the future—not only for Syracuse University, but for the entire Central New York community. Earlier today, Syracuse University was proud to host leaders from Micron Technology as they announced a historic investment of up to $100 billion in Central New York over the next 20-plus years. This investment includes constructing a high-volume, leading-edge, semiconductor memory manufacturing site in Clay. The facility will create nearly 50,000 New York jobs, inclusive of approximately 9,000 high-paying Micron jobs, in a variety of disciplines, including construction, technical and engineering, and other supporting roles. The economic potential is extraordinary.

This is a proud moment for our University. Syracuse University’s academic, economic, cultural and civic contributions to Central New York are among the factors that attracted Micron to our area. The opportunity for collaboration—across all facets of our University—is significant. From internship and career opportunities for our students and alumni, respectively, to interdisciplinary research opportunities, educational programs, veterans initiatives, community building, engagement and investment, and economic development, Micron will quickly become one of our region’s greatest partners and a key driver of Central New York’s long-term prosperity.

In recent weeks, I have had the pleasure of getting to know the Micron team and learning about their vision for this new endeavor. What impressed me the most is their commitment to getting to know US and OUR community. They’ve shown special interest in the arts and culture, quality of life, caliber of local schools, and the potential that Syracuse University and others hold for a powerful workforce pipeline. I am grateful to U.S. Sen. Charles Schumer, New York State Gov. Kathy Hochul, Onondaga County Executive Ryan McMahon, Syracuse Mayor Ben Walsh and many others, for paving the way to make this day a reality.

Today’s announcement represents a once-in-a-lifetime opportunity for our region and our people. Micron’s commitment to Central New York means new jobs, new community investment, new partnerships and new opportunity—for all. This is a transformational moment for Central New York and for Syracuse University. I have never been more optimistic about our future.

Sincerely,

Chancellor Kent Syverud

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