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Micron Technology to invest $2.17 billion in Manassas expansion, creating 340 jobs
Dec 31, 2024•over 1 year ago
Contract Type
partnership
Description
Micron Technology is investing up to $2.17 billion to expand its operations in Manassas, creating 340 new jobs and modernizing its facility to meet growing demand in automotive, aerospace, defense, and industrial markets. The expansion is backed by federal funding from the bipartisan CHIPS and Science Act and several state and local incentives.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months