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.