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Intel To Pour Up to $8 Billion into U.S. Manufacturing Plants

Oct 21, 2010, 21:32 (0 Talkback[s])
(Other stories by D.H. Kass)

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"Intel Corp. said that it will spend up to $8 billion to construct a new development fabrication plant (fab) in Oregon and upgrade four existing facilities in Arizona and Oregon.

"The company said that the effort will create 6,000 to 8,000 new construction jobs and 800 to 1,000 permanent high tech positions at the new facility in Oregon. The vendor said that the additional Oregon fab, named D1X, is slated to open in 2013.

""The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow," said Paul Otellini, Intel president and chief executive."

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