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."
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Intel Press Release
Sep 15, 2005, 04:42 PM
