President Bush Recognizes Micron Technology for Helping Grow Economy Through Continued Investment.President Visits Micron Virginia Facility Where Company Has Created More Than 1,000 New Jobs in Past Year MANASSAS, Va. -- President George W. Bush today visited Micron Technology's (NYSE NYSE See: New York Stock Exchange :MU) state-of-the-art fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. facility here and told an employee audience that Micron is helping support the national economy through continued investment and job creation in states such as Virginia. "One thing about Micron is that it is clear the role of government is to encourage investment and enhance educational opportunities," Bush said to about 150 Micron employees. "When you walk through the halls of this innovative company, it's pretty clear to me that you need to know what you're doing for a company to survive and thrive like this." Prior to speaking to employees and dignitaries about his 2007 federal budget proposal, President Bush was escorted on a tour of the facility by Micron Chief Executive Officer Steve Appleton Steve Appleton (born 1960) is the CEO of Micron Technology, based in Boise, Idaho[1]. He was a nationally ranked tennis player while studying at Boise State University. . The recent $3.5 billion upgrade of the Manassas plant to 300 millimeter capability has resulted in the creation of more than 1,000 new jobs at the site in the past year. Micron manufacturers both DRAM memory and NAND flash See flash memory. memory at the facility. "It's an honor for Micron to host President Bush at our Manassas site," said Appleton. "We believe in the innovation and ingenuity of the American workforce, and we continue to invest not only in Virginia, but also at our other U.S. locations." Micron Technology Micron Technology ("Micron") NYSE: MU is a multinational company based in Boise, Idaho, USA, best known for producing many forms of semiconductor devices. This includes DRAM, SDRAM, flash memory, and CMOS image sensing chips. , Inc., is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors A CMOS-based chip that records the intensities of light as variable charges similar to a CCD chip. Although initially used in less expensive digital cameras, the quality of CMOS sensors has improved steadily. CMOS sensors have advantages over CCDs. , other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron's common stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com. Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners. |
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