Yesterday's announcement by Intel President and CEO Paul Otellini outlined Intel's plan to build a new chip manufacturing facility in Chandler was music to 500,000 ears in Chandler, AZ. (That's assuming 2 ears per approximately 250,000 people living in Chandler).
I mean, who wouldn't be excited about an estimated 1000 permanent new jobs, as well as thousands of new construction jobs being brought to the area?
Intel will invest more than $5 Billion to build new Fab 42, which will be the most advanced, high volume semiconducter manufacturing facility in the world according to Business Wire.
Fab 42 will be built behind the Fab 32 facility located in the Ocotillo area of Chandler.
**Originally posted on http://www.PhoenixArizonaRealEstateBlog.com
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