Intel To Invest $345 Million At Two U.S. Manufacturing Sites

Sep 15, 2005

Intel Corporation today announced plans to invest $345 million in two of the company's existing manufacturing sites in Colorado and Massachusetts. The investments will be used to increase the capacity of the wafer fabrications facilities (fabs), Fab 17 in Hudson, Mass. and Fab 23 in Colorado Springs, Colo.

Both fabs are 200mm facilities that produce primarily chipsets communications and flash memory components for a variety of Intel platforms.

"These investments will increase the capacity of our 200mm manufacturing network to support our platform initiatives and will give us additional supply flexibility across a range of products," said Bob Baker, senior vice president, general manager, Technology and Manufacturing Group. "For Intel, manufacturing is a key competitive advantage that serves as the underpinning for our business and allows us to provide customers with leading-edge products in high volume. The decision to invest in our sites in Colorado and Massachusetts reflects the strategic importance of these facilities and our outstanding team of employees."

In Colorado Springs $190 million will be invested as part of an upgrade to a second clean room within Fab 23 that will allow Intel to complete final processing steps for microprocessors -- produced on 300mm wafers at other Intel locations -- prior to final testing and packaging. Construction on the project is set to begin immediately, which will allow processing of advanced microprocessors in the second half of 2007. The project is expected to create several hundred new jobs in Colorado Springs over the next three years.

In Hudson, Intel's $155 million investment will be used to increase overall capacity at Fab 17 by adding new manufacturing equipment and reconfiguring portions of the factory. The additional capacity will be used to manufacture a variety of logic products, including chipsets to support Intel's platform initiatives for mobile, desktop and server systems. This investment in Hudson will result in the creation more than 300 new manufacturing jobs.

Separately, the company also announced that after an extensive search for a suitable location it has signed an agreement to purchase office property in Ft. Collins, Colo. to be used as a design center to house a portion of the company's Itanium® processor design team.

Explore further: Microsoft skips Windows 9 to emphasize advances

add to favorites email to friend print save as pdf

Related Stories

Intel Hires HP Design Team For Intel Itanium Architecture

Dec 16, 2004

Intel Corporation today reached an agreement with HP to hire HP's Intel Itanium processor design team based in Ft. Collins, Colo. The deal strengthens Intel's investment in the Itanium architecture and bolsters the development ...

Recommended for you

The New York Times to cut 100 newsroom jobs

20 minutes ago

The New York Times Co. says it is cutting about 100 newsroom jobs through buyouts and layoffs in an effort to trim costs and focus more on its digital efforts.

Minimally invasive surgery with hydraulic assistance

1 hour ago

Endoscopic surgery requires great manual dexterity on the part of the operating surgeon. Future endoscopic instruments equipped with a hydraulic control system will provide added support during minimally ...

Engineering new vehicle powertrains

2 hours ago

Car engines – whether driven by gasoline, diesel, or electricity – waste an abundance of energy. Researchers are working on ways to stem this wastefulness. Ultramodern test facilities are helping them ...

Analyzing gold and steel – rapidly and precisely

2 hours ago

Optical emission spectrometers are widely used in the steel industry but the instruments currently employed are relatively large and bulky. A novel sensor makes it possible to significantly reduce their size ...

More efficient transformer materials

3 hours ago

Almost every electronic device contains a transformer. An important material used in their construction is electrical steel. Researchers have found a way to improve the performance of electrical steel and ...

User comments : 0