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Intel Corp. executives announced today that the semiconductor manufacturer plans to build a $5 billion factory in Arizona that could bring in at least 1,000 permanent jobs in addition to thousands of construction jobs.

Intel plans to build Fab 42 in Chandler as the highest-volume chip plant in the world. Construction is expected to begin near the middle of this year and be completed in 2013.

While Intel officials would not say how many people it would hire, Josh Walden, vice president of Intel's Technology and Manufacturing Group and general manager of fab manufacturing, said facilities of this size typically employ 1,000 or more.

To read the full, original article click on this link: Intel to invest $5B in new Arizona semiconductor plant | Phoenix Business Journal

Author: Patrick O'Grady