Tuesday, February 22, 2011

Intel to Invest $3 Billion in Oregon

Intel announced plans last week to invest approximately $3 billion in Oregon and $5 billion in Arizona over the next two years.

Moments before President Barack Obama spoke at Intel’s Ronler Acres Campus in Hillsboro, Intel's CEO Paul Otellini announced the company would construct a $5 billion manufacturing factory in Chandler, Ariz. The announcement was just four months after Intel announced it would spend as much as $3 billion in Hillsboro on new construction and renovations. Read the full story online at the DJC.