Intel to Invest $6 Billion to Upgrade Israeli Facility – Adrian Filut (Globes)
(dailyalert.org, May 1, 2014)
Intel Corp. will invest $5-6 billion in upgrading its Kiryat Gat computer chip production facility.
Intel Israel currently has four development centers and two production plants in Israel with 9,855 employees.
Intel VP and Intel Israel CEO Maxine Fassberg said, “In 40 years, Intel has exported goods worth $35 billion, mostly from its production centers in Kiryat Gat and Jerusalem.”