Intel gets paid $5m to set up in Utah

Give us $5m or we'll go someplace else, says chip behemoth

By Pete Sherriff in Ynys Mon • Get more from this author

Posted in Business, 19th May 1999 10:44 GMT

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Intel plans to move from rented accommodation in Salt Lake City to whizzo new offices on a 150 acre greenfield site in picturesque downtown Riverton, Utah, thanks to a whopping $5 million cash handout from the local authorities. The chip giant currently employs around 350 folks from the Systems Management Division and Network Communications Group in Salt Lake City and will develop the new site over the next 20 years, eventually housing some 8000 staff there. The Riverton site will not include fab or other manufacturing facilities and it seems likely that Intel Insiders from other locations will be relocated in sunny Utah unless Chipzilla forsees a massive increase in staffing for its networking operations in the next couple of years. Most of the network employees are currently working on Intel's InBusiness range of networking products aimed at the SME market. ®

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