Intel plans up to $8 billion for US chip-making upgrades, expects up to 1,000 permanent jobs
NEW YORK (AP) — Intel says it will spend $6 billion to $8 billion on new chip manufacturing technology in its U.S. factories and will build a new development plant in Oregon.
Intel Corp. said Tuesday the investment will create between 6,000 and 8,000 construction jobs and 800 to 1,000 permanent high-tech jobs across its U.S. operations in Oregon and Arizona. It also helps the company keep its current base of factory workers at its U.S. sites in these states.
It says its new Oregon facility is scheduled to start up in 2013.
Intel is the world’s largest maker of microprocessors, the “brains” of computers. The company says three-fourths of its microprocessor manufacturing happens in the U.S.
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Ever wonder why Kalifornia is missing out (again)????
But a full comeback isn’t guaranteed. California no longer competes only with other states for jobs. It competes with the whole world.
Globalization makes it easier and more tempting for California companies to outsource operations to low-cost countries. China has already snagged jobs in solar energy and other sectors of green technology – considered by many to be the next big hope for California.
Costly – and risky
California’s political climate adds another complication. Along with taxes, regulation and other long-standing issues, “Furlough Fridays” and the $20 billion deficit deepen the suspicion among some that California is no place to do business.
“It’s more expensive. It takes more time. It’s riskier,” said Matt White of Basin Street Properties, a developer that owns office buildings in Sacramento. Basin moved its headquarters last year from Petaluma to Reno.
Intel Corp., a pioneer of Silicon Valley, soured on its home state years ago. During the rolling blackouts of 2001, the semiconductor giant pledged never to build another plant in California.
It kept that promise. Over the past decade, even as it downsized some operations, Intel spent $11 billion on plants in Oregon, Arizona and New Mexico. It closed its last California plant, in Santa Clara, last June, although it closed plants elsewhere, too.
..and our politicians in CA want to RAISE taxes even further??? Uh, yeah that will work….Gee I wonder where Motorola’s mobile spinoff business unit is NOT going to be headquartered……
