A Camas semiconductor manufacturer could be among the next round of recipients for federal funding from the CHIPS for America program.

Analog Devices, Inc., which operates facilities in Oregon and Massachusetts as well, is poised to receive $105 million, according to a Thursday news release.

The company said it plans to split the investment among the three campuses, creating about 500 jobs between all three facilities. A news release from U.S. Sen. Maria Cantwell’s office disclosed about $80 million of the award is expected to go toward the Pacific Northwest locations.

Analog Devices hopes the funding will increase its capacity by 70 percent, including producing 180 and 350 nanometer process nodes in the U.S. (Process nodes refer to the size of the components on a semiconductor chip.)

The company also said Thursday it aims to use the funds to reduce the use of solvents in its Oregon and Washington facilities by “using state-of-the-art processes, which are more environmentally friendly.”

Part of its vision also includes a Semiconductor Advanced Manufacturing Upskilling technician training facility to support manufacturing in the Portland metro area.

“With this funding, Analog Devices’ Camas plant will boost production of essential chips used in everything from cars and medical devices to industrial equipment and defense systems,” Washington Democrat Cantwell said in her news release. “This investment not only protects against future chip shortages like the one that drove up prices during the pandemic — it creates life-changing career opportunities for the people of Southwest Washington.”

The award is currently a nonbinding agreement, though most of the CHIPS funding that has gone through at this point has moved forward, according to Cantwell’s office.