Skip to comments.Intel plans $5 bln Arizona chip plant by 2013
Posted on 02/18/2011 3:43:19 PM PST by mewykwistmas
"Obama met with Apple Inc (AAPL.O) CEO Steve Jobs and other technology industry leaders in northern California on Thursday as part of a campaign to promote technological innovation as a means of boosting the struggling economy and reducing the 9 percent U.S. unemployment rate.
Construction of Intel's plant should kick off in the middle of this year, it said in a statement. When completed, the plant will churn out next-generation 14-nanometer line-width transistors and microchip wafers of 300 millimeters.
Intel said in October it plans to spend $6 billion to $8 billion on high-tech manufacturing facilities in Arizona and Oregon, creating as many as 8,000 construction jobs."
(Excerpt) Read more at reuters.com ...
Obobo prolly tried to talk intel out of building in Arizona. I hope Jobs barfed in his lap.
They are a very technically advanced company.
Does the manufacturing process require any employees, or can everything be done by machines?
They really need Obama to tell them to innovate?? We don’t know the rate will go down because of this...Maybe there’s 10 employees.
I have recently embarked on a "Try to only buy American made" Crusade, only to find out that, dare I say, the Majority of the stuff in my house is already USA made. So this is a good story to end the week on!!!
But, but Intel has a bunch of plants in Oregon why not expand those? Oh wait, Oregon voted in big tax increase - revenue dropped by 1/3.
Some of our more treasonous element here probably hates todays news...but it is a start. We need about 50,000 more factories created in the USA
I wonder how much public money is going to Intel in this deal? How much corporate welfare do they get before this production to China or Mexico??
This deal today, really hacks you off, doesn’t it.
——We don’t make nothin in America no more no how! ——
You have properly stated the mantra of the unwashed ignorati
“But, but Intel has a bunch of plants in Oregon why not expand those?”
Arizona’s closer to the border in case they want to move. :)
God bless them!
So that idiots would stop claiming that doubling the price of oil would be a boon to American manufacturing.
Yeah, but I kid those Americans who failed basic math. And never took accounting or economics.
Now please. Since we’re momentarily on civil terms.
My position is not that we should double the price of oil. You know that, so don’t misrepresent what I said.
My position is that we should SUBSTITUTE our current mess of a stupid, anti-success tax code. IN ITS ENTIRETY. Income taxes. Cap Gains taxes. Corporate double-taxation. All of it.
For one. Across-the-board, 100% import tariff. On all imports. ALL IMPORTS. Without one single exception.
The proposal is (not) to tax oil. Nor cars, Nor computers.
The proposal is to tax imports.
American oil: no tax.
American cars: no tax.
American computers: no tax.
American Intel chip plants in Arizona: no tax...
Pour it on........