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Semiconductor manufacturer Micron Technology Inc. is exploring the possibility of expanding to a new facility in Lockhart, Texas. The investment could eventually reach $80 billion and create 80 jobs.
The eight-phase semiconductor manufacturing site has been dubbed “Project Evergreen,” and Micron has already filed eight applications for tax breaks with the Lockhart Independent School District. The applications were filed under Chapter 313 through the State Comptroller’s Office. The incentive permits public school districts to present incentives for businesses investing in their community. The company’s application said the tax breaks would be a “determining factor” as it considers Lockhart. The Chapter 313 program will expire after 2022, but agreements approved prior to expiration can continue.
However, no deal has been completed, and Micron is considering other locations. If the application is approved, Micron said construction will start at the beginning of 2028. Lockhart, considered the Barbecue Capital of Texas, is located about 35 miles south of Austin.
Headquartered in Boise, Idaho, Micron’s products are used globally in cars, consumer electronics, and consumer products. The company employs some 45,000 workers across 11 manufacturing sites. Micron also announced its intention to invest $40 billion in manufacturing facilities and create up to 40,000 jobs in the U.S. by 2030.
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