Not Tired of Winning, Yet! (#NTOWY)
Posted on 02/08/2017 10:17:17 AM PST by Red Badger
Intel chief executive Brian Krzanich met with President Donald Trump on Wednesday, where the company announced it will invest $7 billion in a factory employing up to 3,000 people.
The factory will be in Chandler, Arizona, the company said, and over 10,000 people in the Arizona area will support the factory. Krzanich confirmed to CNBC that the investment over the next three to four years would be to complete a previous plant, Fab 42, that was started and then left vacant.
The 7 nanometer chips will be produced there will be "the most powerful computer chips on the planet," Krzanich said in the Oval Office with the Trump administration. Most Intel manufacturing happens in the U.S., Krzanich said.
It comes as the technology industry has pushed back against the Trump administration, amid mounting pressure to move manufacturing jobs back to the U.S. There will be no incentives from the federal government for the Intel project, the White House said.
Intel was one of more than 100 companies that joined together to file a legal brief opposing Trump's temporary travel ban on people from seven Muslim-majority nations.
The White House had said earlier that Vice President Mike Pence would speak on Wednesday with Tesla and SpaceX CEO Elon Musk, a member of Trump's business advisory council, whose companies had also signed onto the brief.
Intel has been criticized in conservative publications such as Breitbart, for laying off thousands of staffers, despite an influx of visa requests.
Must have hurt CNBC writing this.
This is why see the Dems acting like babies. They do not want any good news getting out, and it deflects attention away from how the Dem party lost so big
It also shows what a real president can do. Obama could have done all this but instead decided to play golf for 8 years.................
Marana, AZ would also be a great place to have a factory!
Intel is really good to their people. Lots of liberals out there, but they pay well, fed them very well, and they have a pretty good life
How are the dems going to stop this??
I'm surprised they chose Arizona due to the shortage of water and the predictions that this shortage will be severe in the not to distant future.
Their last resort is ALWAYS environmental issues.
They will probably invent some small rodent species and call it the Arizona Tufted Desert Mouse, claim it is endangered and halt any new construction within 50 miles of wherever it lives.....................
Yes, it would. The presence of the Fab 42 plant in Chandler drove this decision. Reading the headline, I wondered if that was the plant they were going to open.
Maybe we can convince Apple to consider putting some of their planned investment in new manufacturing into Marana or Vail. Nearby rail and air transport infrastructure would be beneficial to them, right?
Very true. He is doing the job he was voted in for, unlike obama who seemed to just go on vacation, play golf, and campaign.
So much for the latter as he lost them the House, Senate, and White House.
I’m guessing a lot of these will be short term wins.
remove 90% of your workforce and increase productivity by 250% ? tough to ignore
http://nextshark.com/kunshun-factory-robots-replace-humans/
Absolutely and Vail has one of the best High Schools in the country.
Intel has EXTENSIVE presence in Chandler.
They own entire industrial zones. Likely more than 10 thousand employees there already.
Good News for those us in Arizona
The Dems have stopped this. Intel is NOT expanding in California or other Democratically held States
Yep.
The worlds largest fab is in AZ.
Friends tell me its freaky inside were the hallways are so long, the walls terminate at a “vanishing point”
I’m thinking that the RA3 development fab in OR must be working well enough to replicate to full production.
That's the first thing that came to mind when I read the article. Perhaps some of that investment is in water recycling tech. Water shortages is the major reason I'm adverse to buying property there.
We’ll probably have to petition this guy to take a vacation for his own good at some point.
I've cut off my Facebook feed to my most rabid anti-Trump relatives. But I always include them in for just these kinds of posts because it really puts sand in their shorts. ;)
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