Saturday, February 19, 2011

Intel to Build New $5 Billion Factory in Chandler

Intel's chief executive says the company will build a new $5 billion manufacturing facility in Chandler.

CEO Paul Otellini made the announcement Friday at the company's plant in Hillsboro, Ore., after he gave a tour of the facility to President Barack Obama.

Otellini says the Chandler facility will create thousands of new jobs and will be the most advanced high-volume semi-conductor factory in the world.

This is good news for Arizona.

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