List Your Equipment For Free  /  Seller Login

Intel to Invest $7B in Construction of Arizona Semiconductor Factory

Thu February 09, 2017 - West Edition #5
Construction Equipment Guide


he plant, called Fab 42, will build the most advanced semiconductors in the world when it is completed in three to four years.
he plant, called Fab 42, will build the most advanced semiconductors in the world when it is completed in three to four years.

The plant, which is located near the corner of Dobson and Ocotillo in Chandler, was built and then left vacant by the Santa Clara, Calif.-based company. The plant, called Fab 42, will build the most advanced semiconductors in the world when it is completed in three to four years.

Intel had touted the facility as a new $5 billion investment in Arizona that would bring 2,000-3,000 construction jobs to the state. State lawmakers said they expected about 1,000 permanent positions. The facility was left vacant after market conditions for the chips it planned to make there changed.

The announcement on Feb. 8th increased the investment amount to $7 billion and the number of jobs to 3,000. In addition, Intel estimates a grand total of 10,000 jobs will be added in the state, after businesses that will help support the factory's operations are factored in.

For more information, visit http://url.ie/11oii.




Today's top stories

Webber LLC Nears End of I-35 at SH 123 Project in Texas

Hyundai Expands Tracked Dozer Line With Introduction of HD130 Model

Brasfield & Gorrie Leads $330M Coca-Cola UNITED New HQ Project

UMaine Building $82M Research Facility; Sen. Collins Helps Secure $133M for Bridge Replacements

Kubota Forms Alliance to Raise Funds, Awareness for Programs for Vets

Papé Machinery, ShoulderMaster Tout Strategic Partnership

Port of Kalama Receives $26.3M Grant to Help Port Speed Grain to Market

Topcon Addresses World's Water Insecurity Through Wine to Water Filter Build Event


 







39.95234 \\ -75.16379 \\ Fort Washington \\ PA