Results 1 to 2 of 2
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
02-08-2017, 04:08 PM #1
Intel announces $7 billion investment in new Arizona factory
Intel announces $7 billion investment in new Arizona factory
By Gabby Morrongiello (@gabriellahope_) • 2/8/17 1:13 PM
Intel Corp. plans to invest $7 billion in the development of a new factory in Phoenix, Ariz., the company announced after meeting with President Trump on Wednesday.
The tech firm plans to add 3,000 direct Intel jobs at an the Arizona semiconductor plant and another 7,000 manufacturing jobs to support the factory, Reed Cordish, an assistant to the president for intragovernmental and technology initiatives, told reporters.
"This has been a project that has been contemplated for close to four years," Cordish said. "The president and the administration's commitment to tax reform, smart regulation and deregulation, and a general attitude of making in America has given them the confidence and will to move forward."
According to Cordish, Intel had purchased the property on which it plans to build its new factory "a while ago."
Stay abreast of the latest developments from nation's capital and beyond with curated News Alerts from the Washington Examiner news desk and delivered to your inbox.
The announcement came as Trump and Intel CEO Brian Kzranich were meeting privately in the Oval Office. Kzranich is a member of the president's manufacturing policy advisory council.
"One of the things the president is committed to is not only tax reform and deregulation in business, but also training the workforce of tomorrow," Cordish said.
Trump and Kzranich met previously in mid-December during a summit between the president and more than a dozen tech leaders.
http://www.washingtonexaminer.com/in...rticle/2614257A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn
-
02-08-2017, 04:09 PM #2
Congratulations Arizona!! What a wonderful new plant location for your state!
THANK YOU INTEL!! THANK YOU VERY VERY MUCH!!!A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn
Similar Threads
-
Hyundai Boosts U.S. Investment to $3.1 Billion After Trump’s Threats
By Judy in forum General DiscussionReplies: 1Last Post: 01-17-2017, 11:29 AM -
Chinese investment company to buy Texas oil fields for $1.3 BILLION
By JohnDoe2 in forum Other Topics News and IssuesReplies: 1Last Post: 10-26-2015, 11:45 PM -
Intel's new $5 billion plant in Arizona
By JohnDoe2 in forum Other Topics News and IssuesReplies: 1Last Post: 03-30-2011, 01:01 AM -
GM announces major investment in auto plant (in Mexico)
By AirborneSapper7 in forum Other Topics News and IssuesReplies: 3Last Post: 08-04-2010, 07:31 PM -
Cisco's China Investment Mushrooms to $16 Billion
By ceelynn in forum illegal immigration News Stories & ReportsReplies: 0Last Post: 11-07-2007, 10:21 PM
GALLUP POLL: Immigration the most pressing issue in America for...
05-03-2024, 11:30 PM in General Discussion