Tuesday, July 1, 2008

Intel dedicates Fab 28 in Kiryat Gat

Intel Corporation today dedicated Fab 28 in Kiryat Gat in an impressive and grandiose eremony filled with acrobats, drummers, pyrotechnics, and a children's choir. Intel invested more than $3.5 billion in the fab. The new fab is next to Intel's old Fab 18, now Fab 1 of Numonyx Inc.

Fab 28 is due to employ more than 2,000 people, out of the 7,300 people Intel employs in Israel. Fab 28 will manufacture 45-nanometer technology processors and is one Intel's three most modern facilities worldwide. Intel Israel general manager Maxine Fassberg will manage the facility, which occupies a 283-dunam (70.75-acre) site and has 20,000 square meters of clean rooms.

Fassberg said that a fab of this kind was "unparalleled in Israel. This fab will deliver $10 million worth of silicon wafers a day."

Intel estimates that Fab 28 will boost Israel's GDP by 2%. Intel estimates that Intel Israel had $1.54 billion in exports in 2007.

July 1, 2008

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