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The United States is a rewarding place to conduct business and there has never been a better time to select the USA. Companies are taking advantage of the benefits the world’s largest economy can offer. The USA offers a competitive business environment encompassing a huge consumer base, highly educated workforce, concrete IT infrastructure, and transparent rule of law. Highlighted are a few of the many examples of companies realizing success by growing their business investing in the United States.
Intel Keeps Pace with $6 to $8 Billion in U.S. Plant Expansions and Upgrades
Intel announced in October 2010 plans to invest between $6 billion and $8 billion on next-generation manufacturing technology in its U.S. facilities over the next several years. The investment includes the development of a new fabrication plant in Oregon and upgrades to four existing factories in Arizona and Oregon to produce chips with circuits 22 nanometers wide, smaller than their current generation of chips.
“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,”
“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.”
--Paul Otellini, Intel President and CEO
The new plant and upgrades are expected to support 6,000 to 8,000 construction jobs and result in 800 to 1,000 new, permanent high-tech jobs, as well as help Intel maintain its current manufacturing base at these U.S. sites.
- Oregon fabrication facility will be completed in 2013