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."