Intel to Build Plant in Arizona
Associated Press
July 25, 2005 3:09 p.m.
http://online.wsj.com/article/0,,SB112231690034395117,00.html?mod=technology_main_whats_news
SAN JOSE, Calif. -- In a sign that demand for computer chips isn't slowing,
Intel Corp. said Monday it will spend $3 billion to build a factory in
Arizona and another $105 million to convert an inactive New Mexico plant
into a temporary test facility.
The new microprocessor factory -- known as a "fab" in the semiconductor
industry -- is expected to create up to 1,000 new Intel jobs over the next
several years, the company said. Another 3,000 people are expected to be
hired during its construction at the company's site in Chandler, Ariz.
"This investment positions our manufacturing network for future growth to
support our platform initiatives and will give us additional supply
flexibility across a range of products," said Intel Chief Executive Paul
Otellini.
Construction will begin immediately. Once completed in the second half of
2007, the facility known as Fab 32 will become the Santa Clara company's
sixth factory that produces chip wafers that are about 12 inches in
diameter. The other operating factories are in Oregon, Ireland and New
Mexico, with others currently under construction in Ireland and Arizona.
The Arizona Legislature this year enacted a tax relief measure intended to
entice the new Intel plant and other major business investments in new or
existing plants.
Intel also announced plans to convert an inactive fab in Rio Ranch, N.M.,
to a temporary component test facility for the next two years. It's
expected to result in another 300 jobs to be added to the New Mexico site
during that period.
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George Antunes, Political Science Dept
University of Houston; Houston, TX 77204
Voice: 713-743-3923 Fax: 713-743-3927
antunes at uh dot edu
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