Today, Congressman Tom O'Halleran (AZ-01) released the following statement regarding Intel Corp's $7 billion investment in Arizona plant.
"Intel Corp's proposal to invest $7 billion in their Fab 42 plant in Chandler is welcome news to everyone in Arizona," said Rep. O'Halleran. "This commitment will create thousands of high-paying jobs in Arizona and positively impact the lives hardworking families in the East Valley. Now more than ever, Congress must work together to create an atmosphere that encourages business growth and strengthens our economy."
Intel CEO Brian Krzanich announced the $7 billion investment in the Chandler facility yesterday at the White House. Krzanich highlighted the high-tech semiconductor chips that will be manufactured in the plant, requiring 3,000 employees in the Fab 42 plant and 10,000 employees across Arizona in support of the factory.