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Intel Upgrading Factories

Category: General News
Posted: 05:56PM

Intel has announced plans to upgrade two of its fabrication plants in Arizona and Oregon. The Oregon campus will also receive a new fabrication plant. The total cost of the upgrade will come in between $6 and $8 billion. In addition to helping Intel roll out its 22 nanometer manufacturing process, it will create thousands of construction jobs and up to 1,000 permanent jobs.

"Today's announcement reflects the next tranche of the continued advancement of Moore's Law and a further commitment to invest in the future of Intel and America," said Intel President and CEO Paul Otellini. "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."

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