MEGAFAB DIGITAL
OWNER JOHN BONN
NUMBER OF YEARS IN BUSINESS: 40
FEDERAL TAX ID: 84 - 1717569
MEGAFAB DIGITAL PROMOTES DIGITAL COMPONENTS AND PRODUCTS...
We have a saying around the office. It goes, "There's no problem an engineer won't solve."
If you need a team of experienced folks who understand how the world works and how to make it work for you, we're here to help.
semiconductor engineering has become one of the most exciting fields in the last two decades – to us, at least.
Getting the latest technology at your job site can make a world of difference, from basic construction to chipset manufacturers.
MEGAFAB DIGITAL PROMOTES DIGITAL COMPONENTS AND PRODUCTS...
Syrtronics Is Part Of eBay's Affiliate Partner Network (EPN) On eBAY.com.
Megafab Digital Is Ready To Help Transform Your Business
And Help Shape The Future On Our Quantum World.
In April 2024, the U.S. Department of Commerce and Micron Technology signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.14 billion in direct funding under the CHIPS and Science Act. The funding will support the construction of two Dynamic Random-Access Memory (DRAM) fabrication facilities in Clay, New York, and one in Boise, Idaho. The funding is intended to increase U.S. competitiveness in the production of leading-edge memory semiconductors.
The CHIPS and Science Act will support Micron’s plans to invest approximately $50 billion in gross capex for U.S. domestic leading-edge memory manufacturing through 2030. These grants and additional state and local incentives will support the construction of one leading-edge memory manufacturing fab to be co-located with the company’s existing leading-edge R&D facility in Boise, Idaho and the construction of two leading-edge memory fabs in Clay, New York.
The investments announced today represent the first step toward Micron’s vision of both a leading-edge R&D and manufacturing center in Boise, Idaho and a four-fab manufacturing complex in Clay, New York to be built over the next 20-plus years with potential investment totaling up to $125 billion. These investments will support Micron’s objective to grow its memory bit supply in line with long-term industry bit demand growth. Micron retains flexibility under the PMT to remain responsive to market conditions over time. In addition to the announced $6.1 billion in grants, workforce grants to support Micron's efforts to build a vibrant talent pipeline are also being finalized.
In addition to the CHIPS grants, Micron expects to benefit from the U.S. Treasury Department’s Investment Tax Credit, which provides a credit of 25% for qualified capital investments. The state of New York has made up to $5.5 billion available in incentives over the life of the project, comprised of a 5% New York investment tax credit on qualified capital investments and 7.5% of eligible non-construction labor costs. Micron and the state of New York also established the Green CHIPS Community Investment Fund to support community and workforce development in the region. The company will also benefit from an incentive package in the state of Idaho, including reduced state taxes related to the project and substantial investments in semiconductor workforce training programs.
These federal and state incentives, combined with projected power cost advantages, along with R&D and manufacturing co-location synergies, enable Micron to achieve cost-competitive, leading-edge memory manufacturing in the U.S.
Micron’s planned state-of-the-art semiconductor manufacturing facilities are expected to create approximately 75,000 domestic jobs over the next 20-plus years and strengthen U.S. economic and national security, furthering American innovation and competition for years to come. In Idaho, this includes 2,000 Micron jobs, 4,500 construction jobs and 15,000 indirect jobs. In New York, this includes 9,000 Micron jobs, 4,500 construction jobs and 40,000 indirect jobs. Micron’s plans will help to bolster the economies and quality of life in both Idaho and New York. The two projects, as planned, will represent the single largest private investments ever made in the states of Idaho and New York.
There are leaders, and then there's everyone else. At Megafab Digital, we take immense pride in driving the industry standards forward, focusing on efficiency, quality, and safety.
When you're dealing with a million moving pieces, your tools can be the difference between moving forward and spinning your wheels. At Megafab Digital, we're continually finding the best new technology.