A memory solutions company is expanding its Manassas location.
Micron Technology is investing $3 billion in “memory production,” Virginia Governor Ralph Northam announced on Wednesday afternoon.
The expansion, which will include the construction of a global research center, will create 1,100 new jobs by 2030, according to a release.
“This is a wonderful investment in the City of Manassas and the Commonwealth of Virginia,” Northam said.
Micron eyed various locations worldwide before choosing the Manassas site.
“This expansion will cement the company’s position as one of Virginia’s largest exporters,” Northam said. “Micron expects to increase exports from the Commonwealth by more than $1 billion annually after this expansion is completed.”
The corporation also announced on Wednesday that the Micron Foundation is investing $1 million in Virginia universities and colleges.
“Our aim is to help develop the next generation of scientists, technicians and engineers — roles which we will need to drive the innovation happening right here in Manassas,” Micron President and CEO Sanjay Mehrotra said. “We will be focusing our investment on encouraging more women and other represented minorities to seek out these technical degrees.”
Micron has not only become a global leader. It has also played a large role locally.
For about two decades, the company and the City of Manassas have collaborated on manufacturing the development of the community, according to Manassas Mayor Hal Parrish.
“Micron has become the City’s largest employer, the City’s largest tax payer, and the City’s largest utility user,” Parrish said. “The significant benefit that the company brings to Manassas — by virtue of its employment and investment — help us make advancements in public education, infrastructure development, and in maintaining a stable tax rate for our citizens as well as our businesses.”
