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February 25th, 2005

Intel’s big bucks would rev economy

Abstract:
Intel Corp.’s investment plans for Oregon during the next two decades dropped like a stone into a pond earlier this week — a $25 billion stone that could create 1,500 new jobs, boost economic output in Washington County and send rippling effects throughout the metro region and the state.

Jack Raiton also said that Intel has its eyes on emerging technologies such as nanotechnology and bioscience and that the proposed new investment shows that Intel is looking to expand applications for its semiconductors into new markets, such as home appliances and health care.

In addition, Intel is a major player in many of the Silicon Forest’s technology consortiums — including Open Source Development Labs and the Oregon Nanoscience and Microtechnologies Institute — that are drawing national and international attention.

Source:
portlandtribune

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