Micron Technology is expanding in Manassas
- November 23, 2010
Semiconductor manufacturer Micron Technology Inc. announced Tuesday that it will invest $56 million to increase memory chip production at its Manassas plant. The expansion will create 123 jobs. In response to today’s announcement, Gov. Bob McDonnell noted that advanced manufacturing is a target sector for the state. “…We are pleased to have a global leader like Micron creating jobs in Virginia,” he said in a statement.
Virginia Secretary of Commerce and Trade Jim Cheng said Virginia competed globally for the expansion. To assist Manassas in securing the the project, the state offered several incentives including a $500,000 grant from the Governor’s Opportunity Fund, and a $1 million performance-based grant from the Virginia Investment Partnership program, an incentive available to existing Virginia companies. The state also will provide funding and services to support the company’s recruitment and training activities.
Micron manufactures and markets the memory chips used in things like cell phones, iPods, laptop and desktop computers. Its current facility in Manassas employs 1,600 people.