Intel kickstarts Fab 24 in Ireland
Irish govt election boost
Things must be looking up: Intel has begun work again on building Fab 24 in Leixlip, Ireland. The chip monster has frozen construction on the $2bn building twice, citing downturn in demand.
The news comes as a boost to the Irish government, which is fighting a General Election. But the Tánaiste (deputy prime minister) Mary Harney told the Irish Times that the timing was a "a coincidence," she said. "A company like Intel, the world's largest semiconductor firm, doesn't make a decision like this due to a general election."
Fab 24 will lead to another 1,000 jobs at Intel Ireland, and bunce for 1,500 construction workers. ®