The New Paper

March 24, 2021

Intel to open two manufacturing facilities in Arizona

 Intel announced plans to invest $20B in two new manufacturing facilities in Arizona. The investment was announced as part of a broader series of manufacturing, innovation, and product development-related initiatives, and is expected to create over 20k jobs in Arizona. Here’s the full announcement.

More context: The expansion comes amid a global semiconductor shortage, which has caused several US automakers to temporarily cut production and prompted an executive order from President Biden calling for a review of US supply chains.
This story is from the March 24, 2021 edition of The New Paper. To receive TNP daily subscribe below.

By subscribing, you agree to our Terms of Service & Privacy Policy.