Intel Corp. plans to invest more than $300 million to build a research and development facility at its Chandler, Arizona complex, creating what the company estimated as "several hundred jobs," and nearly a thousand construction jobs.
Intel's Chandler facility, at Rural Road and Chandler Boulevard, will be built to support packaging operations for the company. Research conducted in Chandler is strategic to the company's future product roadmap and will promote Intel's leadership role in technology innovation, the company said
"This significant investment in R&D reflects Intel's principal role in defining the future of technology," said Babak Sabi, Intel vice president and director, Assembly and Test Technology Development. "The innovation set to take place within the walls of this new research center will influence technology trends for years to come, and we're delighted to bring that distinction to the community of Chandler and the State of Arizona."
Intel officials said about half of the positions will be filled by individuals with advanced engineering degrees. Other positions are open to candidates with technical degrees and relevant experience. Military veterans with technical training are often well suited for a variety of roles within the company and Intel will specifically recruit veterans for these positions. "Intel recognizes that highly skilled military veterans are a valuable resource," said Sabi. "They bring real-world experience and proven expertise that complements the Intel culture."
"For more than three decades, the City of Chandler has been a proud partner with Intel as it continues to expand here in our community," Chandler Mayor Jay Tibshraeny said. "Intel's dedication to research and development is commendable and will ensure a long and prosperous presence here in the region. This announcement once again shows Intel's continued commitment to Chandler and confirms that the state of Arizona is a great place to do business."
News of this additional investment comes as Intel forges ahead with construction of Fab 42, its new manufacturing facility in Ocotillo, a Chandler community. Upon scheduled completion in 2013, Fab 42 will be the most advanced, high-volume semiconductor manufacturing facility in the world. Intel's combined investment in the two new Chandler facilities will exceed $5.3 billion.
Site preparation for the two-story, approximately 285,000-square-foot R&D facility began in June; construction is expected to be completed in the second half of 2013. The building is designed to enable Leadership in Energy and Environmental Design certification.
Intel could take advantage of the state's tax credits for firms that invest in research and development, foreign trade zone exemptions and special corporate income tax incentives for large scale investments.