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A $3 billion expansion in Manassas will add 1,100 jobs
Virginia Business //March 27, 2019//
A $3 billion expansion in Manassas will add 1,100 jobs
Virginia Business // March 27, 2019//
Manassas expects to reap benefits from a giant deal made last year.
That would be Micron Technology’s $3 billion expansion of its semiconductor plant in the city.
“It’s bigger than Amazon. It’s the largest in Virginia history,” says Patrick J. Small, Manassas’ economic development director.
Micron, which is based in Boise, Idaho, plans to expand during the next dozen years, adding an estimated 1,100 jobs by 2030.
Micron has been making semiconductor chips in Manassas for 15 years. The company doubled down on its investment in the local plant, Small says, because the host of benefits the area offers.
“It has a highly qualified, skilled workforce, which is a hallmark of Virginia,” Small says, adding that the Manassas site has good access and affordable utilities.
He says the company also has been able to take advantage of a special tax classification for semiconductor equipment manufacturing.
Small notes that Micron and two other technologically advanced companies — BAE Systems and Lockheed Martin Corp. — have facilities on the city side of the county line, directly across from Prince William County’s Innovation Park.
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