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Oof SanDisk abandons $63 billion plant (and 10K jobs)
Posted on: July 16, 2025 at 22:20:55 CT
TigerMatt
STL
Posts:
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after Michigan spent $260 million preparing the site.
https://www.bridgemi.com/business-watch/michigan-loses-massive-semiconductor-plant-whitmer-blames-national-economic-turmoil?utm_source=perplexity
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Oof SanDisk abandons $63 billion plant (and 10K jobs)
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TigerMatt
STL
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7/16 22:20:55
Governor pushed this over local objections
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90Tiger
STL
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7/17 07:43:07
Whitmer blames "national economic turmoil" and Sparky and yo
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90Tiger
STL
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7/17 07:40:10
I don’t recall saying anything about Trump nor supporting
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TigerMatt
STL
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7/17 07:57:42
RE: I don’t recall saying anything about Trump nor supporting
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90Tiger
STL
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7/17 08:37:52
sandisk has $6.6B in 2024 revenue and they were building
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90Tiger
STL
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7/17 07:36:21
They will probably still come but should have gone to AZ
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Erwin Fletcher
STL
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7/17 07:19:28
Another Biden boondoggle brought to an end
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MU Diaspora
MU
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7/16 22:57:11
A $6 billion company was going to build a $63 billion plant?
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TGR84
MU
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7/16 22:38:51
Actually about $13B in total assets. Nm
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SparkyStalcup
MU
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7/16 22:45:24
and getting gvmt cash, sounds like a boondoggle (nm)
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90Tiger
STL
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7/17 07:51:19
They dont have the business to support this $63b Boondoggle
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TGR84
MU
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7/16 23:01:10
Microcenter gives away a buttload of flash drives for
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Tigrrrr!
MU
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7/17 05:00:10
And business is getting worse.for them, not better nm
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SparkyStalcup
MU
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7/16 23:04:05
who are their primary competitors? (nm)
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90Tiger
STL
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7/17 07:51:50
Lots of "winning". Those tariffs are not working as well
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SparkyStalcup
MU
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7/16 22:36:39
RE: Lots of "winning". Those tariffs are not working as well
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JangoFett
MU
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7/17 00:08:38
Tariffs have nothing to do with it, Gretchen. nm
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MU Diaspora
MU
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7/16 22:57:42
They have to do with consumer pricse. If that
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GA Tiger
MU
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7/17 07:25:23
Apparently not. Manufacturing isnt coming back to the US
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SparkyStalcup
MU
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7/16 23:04:49
RE: Apparently not. Manufacturing isnt coming back to the US
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JangoFett
MU
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7/17 00:09:00