Virginia manufacturing facility set to receive $275 million to boost domestic ‘chip’ industry
MANASSAS, Va. (WRIC) -- On Tuesday, Senator Mark Warner announced $275 million dollars in federal funds are heading to a "Micron" manufacturing facility in Manassas. This is an already existing facility, so the money is intended to help increase production and advance the plant's technology. "Important for national security, important for job creation," Warner said. The United States dominated the semiconductor chip industry back in the early 2000s — boasting more than a third of the world's manufacturing capability. However, Senator Warner explained on Tuesday that, since then, China and Taiwan have surpassed the U.S. in chip production. Taiwan now produces the most advanced computing chips on a global scale. "That puts us at a great vulnerability," Warner said. Warner has now announced a $275 million investment that will theoretically move some of that power from foreign competitors to Virginia. "Micron is bringing some of the most advanced technology in the world -- that's literally already in operation in Taiwan -- into our facility in Virginia," Warner shared. Micron is one of the world's leading memory chip makers. The federal funds will go toward increasing production and advancing technology at the company's Manassas facility. On Tuesday, Warner explained how -- even though chips may seem daunting and unfamiliar to many -- they are surprisingly prevalent in one's day-to-day life. He said that nearly every object with an "on" switch contains the "semiconductors" churned out at chip manufacturing plants. Warner added that this investment in Virginia will not only strengthen national security, but it will also help the local economy. "It's a great win for Virginia," Warner said. "It will provide 400-plus high-skilled manufacturing jobs. It will also allow us to better grow our footprint for the semiconductor supply chain, not only in Northern Virginia, but hopefully again around the whole Commonwealth." In addition to those manufacturing jobs, Warner says this investment will create almost 1,000 new construction jobs for Virginians. The effort is part of the larger scale "CHIPS and Science Act," which President Biden signed into law back in 2022.
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MANASSAS, Va. (WRIC) -- On Tuesday, Senator Mark Warner announced $275 million dollars in federal funds are heading to a "Micron" manufacturing facility in Manassas. This is an already existing facility, so the money is intended to help increase production and advance the plant's technology.
"Important for national security, important for job creation," Warner said.
The United States dominated the semiconductor chip industry back in the early 2000s — boasting more than a third of the world's manufacturing capability. However, Senator Warner explained on Tuesday that, since then, China and Taiwan have surpassed the U.S. in chip production. Taiwan now produces the most advanced computing chips on a global scale.
"That puts us at a great vulnerability," Warner said.
Warner has now announced a $275 million investment that will theoretically move some of that power from foreign competitors to Virginia.
"Micron is bringing some of the most advanced technology in the world -- that's literally already in operation in Taiwan -- into our facility in Virginia," Warner shared.
Micron is one of the world's leading memory chip makers. The federal funds will go toward increasing production and advancing technology at the company's Manassas facility.
On Tuesday, Warner explained how -- even though chips may seem daunting and unfamiliar to many -- they are surprisingly prevalent in one's day-to-day life. He said that nearly every object with an "on" switch contains the "semiconductors" churned out at chip manufacturing plants.
Warner added that this investment in Virginia will not only strengthen national security, but it will also help the local economy.
"It's a great win for Virginia," Warner said. "It will provide 400-plus high-skilled manufacturing jobs. It will also allow us to better grow our footprint for the semiconductor supply chain, not only in Northern Virginia, but hopefully again around the whole Commonwealth."
In addition to those manufacturing jobs, Warner says this investment will create almost 1,000 new construction jobs for Virginians.
The effort is part of the larger scale "CHIPS and Science Act," which President Biden signed into law back in 2022.
