Intel’s $20B project will benefit Gilbert too

Intel CEO Pat Gelsinger outlined the corporation’s strategy and its coming $20 billion investment in Arizona during a press conference last week. | Photo via Intel

By Paul Maryniak | Gilbert Sun News

In a move that will have major implications for virtually every facet of Gilbert’s and the Valley’s economy, Intel last week unveiled plans to invest $20 billion for the construction of two new fabrication facilities at its Ocotillo campus over the next three years.

“As I hope you’ve gathered, Intel is back,” Intel CEO Pat Gelsinger said at a press conference March 23 announcing the tech giant’s plans. “This is the old Intel. It’s now the new Intel as we look to the future.”

That future includes 3,000 permanent high-tech, high-wage jobs; over 3,000 construction jobs; and approximately 15,000 local long-term jobs in support companies.

READ ON:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories