Micron's plans for potential $80B semiconductor factory

[Bryan Noth]

Micron's plans for potential $80B semiconductor factory near Lockhart unveiled in incentives applications

"Project Evergreen" is the name given to the proposed Micron Facility SouthEast of Austin, TX.  Micron has filed for the incentive package under the Chapter 313 program.  It is worth mentioning that this incentive program is set to expire at the end of this year.  Currently, any business that locks in the incentive program by the end of the calendar years retains the incentive benefits entirely so there will likely be news on Micron's next play in the coming months.  The investment would be substantial for the Austin MSA to say the least.  $80 billion would be nearly 5 times the financial footprint of the Samsung facility being built in Taylor, a North East suburb of Austin.  The Samsung plant was the largest investment to date at $17 billion.  

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