Governor Perry announced Thursday that National Instruments will expand its research and development branches here in Austin.

The expansion will involved about $80 million in capital investment and is expected to add about 1,000 jobs locally. The new positions will mostly be engineering jobs.

The project also means building a 300,000 square-foot facility near the company's site in North Austin.

A spokesperson for Gov. Perry’s office says Texas is providing $4.4 million from the Texas Enterprise Fund to close the deal.

The deal won't be sealed until a local incentive package is finalized.