Thursday, December 01, 2005

Intel to Build $3.5 B Plant in Israel

Tova Cohen writes for Reuters:

Intel Corp. will build a chip plant in Israel costing more than $3.5 billion, the U.S. company said on Thursday, the largest investment ever by an industrial firm in the country.

Intel's second plant in the southern town of Kiryat Gat will add to an Israeli economy already driven by high-tech and exports.

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