More Good News — Jobs, Innovation, Computer Power

By October 19, 2010Innovation, Technology

It’s good news Tuesday around, and this is pretty darn good. From Intel, a news release, “Intel Announces Multi-Billion-Dollar Investment in Next-Generation Manufacturing in U.S.

SANTA CLARA, Calif., Oct 19, 2010 (BUSINESS WIRE) — Intel Corporation announced today that the company will invest between $6 billion and $8 billion on future generations of manufacturing technology in its American facilities. The action will fund deployment of Intel’s next-generation 22-nanometer (nm) manufacturing process across several existing U.S. factories, along with construction of a new development fabrication plant (commonly called a “fab”) in Oregon. The projects will support 6,000 to 8,000 construction jobs and result in 800 to 1,000 new permanent high-tech jobs.

“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,” said Intel President and CEO Paul Otellini. “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.”

Intel project, Hillsboro, Oregon

One of the local papers, The Beaverton Valley Times reports, “Intel investment fuels region’s ‘economic engine’: New fab plant means jobs and commitment to Washington County”: “Intel Corp. is investing big in Washington County as part of a $6 billion to $8 billion plan to develop its next-generation, 22-nanometer process technology.”

Your correspondent knows the site well, having grown up a few miles down the road from what was for many, many years an open field. It was a good place to shoot off model rockets.

Now, it’s a good place for innovation and employment. Intel has many more materials available at its online press kit.

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