MANASSAS, Va. (WSET) — Senator Mark Warner announced that the Department of Commerce has signed a preliminary agreement for up to $275 million in federal funding for Micron Technology to expand and update its manufacturing facility in Manassas.

Warner’s office says this funding would create almost 950 construction jobs and over 400 manufacturing jobs.

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This funding comes from the “Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America” Act that Warner introduced to restore semiconductor manufacturing in America.

“I am proud to announce that $275 million should soon be headed to Virginia for Micron Technology to manufacture more cutting-edge semiconductors here in Virginia,” said Warner. “Making more of these chips in America will strengthen our national security and create jobs, which is why I pushed to pass this funding through Congress, why I am working with Micron and the Biden administration to secure this investment in Virginia, and why I’m going to be making the case to the incoming administration that we need to keep investing in domestic manufacturing of critical and emerging technologies like semiconductors.”