Intel to Drop $8B on Oregon, Arizona Plants

Intel calls it an investment in America’s future. The chip giant has announced plans to invest as much as $8 billion to build a new development fabrication plant, or fab, in Oregon, and to upgrade four existing fabs in that state and Arizona.

Intel estimates that its projects will generate up to 8,000 short-term construction jobs and as many as 1,000 permanent high-tech jobs at the Oregon facility, which will focus on the company’s next-generation 22 nanometer technology. IT Channel Planet has the story.

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.

Read the full story at IT Channel Planet:

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

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