More than 1,000 new jobs are promised in Manassas over the next dozen years as chip maker Micron Technology expands its operation there.
It’s a $3 billion project which will include creating a global research and development center for memory and storage products, primarily focused on the automotive, industrial and networking markets. The R&D center will include laboratories and test equipment. About 100 product engineers will work on applications such as unmanned and autonomous automotive systems, the IoT (Internet of Things), and other industrial and networking applications. Micron’s memory products include DRAM, NAND, NOR Flash and 3D XPoint™.
“Micron’s expansion in the City of Manassas represents one of the largest manufacturing investments in the history of Virginia and will position the Commonwealth as a leader in unmanned systems and Internet of Things,” Governor Ralph Northam said in a news release. “This $3 billion investment will have a tremendous impact on our economy by creating 1,100 high-demand jobs, and solidifies Micron as one of the Commonwealth’s largest exporters. We thank Micron for choosing to deepen their roots in Virginia and look forward to partnering in their next chapter of major growth.”
Micron receiving state and local financial help
Micron will be eligible to receive a Major Employment and Investment grant of $70 million for site preparation and facility costs, subject to approval by the Virginia General Assembly. Additionally, the City of Manassas and utility partners are providing a broader, comprehensive support package to enable the expansion, including substantial infrastructure upgrades and additional incentives.
“Micron is grateful for the extensive engagement of state and local officials since early this year to help bring our Manassas expansion to fruition,” said Micron President and CEO Sanjay Mehrotra. “We are excited to increase our commitment to the community through the creation of new highly skilled jobs, expanded facilities and education initiatives.”