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Tuesday, February 10, 2009

OUTSOURCING no longer profitable? Invest in Americans the new old?

Intel to invest $7bn in new US facilities
By Chris Nuttall in San Francisco
Published: February 10 2009 14:07

Intel announced a $7bn investment over two years in new manufacturing facilities in the US, which it says will help safeguard 7,000 high-wage highly skilled jobs.

”We’re investing in America to keep Intel and our nation at the forefront of innovation,” said Paul Otellini, chief executive, in a speech at the Economic Club in Washington.

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