Monday, February 26, 2007

Intel Fab 11X to be Upgraded

From the NM EDD Website:

Monday, February 26, 2007

SANTA FE, NM—Governor Bill Richardson today hailed Intel’s announced $1 billion-plus investment and retooling of Fab 11X at Intel’s Rio Rancho, NM manufacturing plant as a major victory for New Mexico and proof that the state’s economic policies are working.
“Intel could have made this investment in any number of places in the world and they chose New Mexico. This is a major victory,” Governor Richardson said. “They know New Mexico provides the right tax policies, workforce and pro-business attitude and that’s vitally important as this company competes in the global marketplace.”

Intel President Paul Otellini announced today that the semiconductor company would upgrade the Rio Rancho Fab to use the 45nm (nanometer) process, that consists of an innovative combination of new transistor materials that drastically reduces transistor leakage and increases performance. Otellini said the new investment would “position Fab 11X for Intel’s next generation of technology.”

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