Rep. Luján Joins Intel CEO to Announce Investment in Rio Rancho Facility
Washington, DC – Today, Rep. Ben Ray Luján joined Paul Otellini, the President and CEO of Intel, Senators Tom Udall and Jeff Bingaman, Senators Ron Wyden and Jeff Merkley of Oregon, and Rep. David Wu of Oregon in Washington DC to announce a $2.5 billion investment in Intel’s Rio Rancho facility and a total investment of over $7 billion for facilities in Oregon, Arizona and New Mexico.
“At this time of economic uncertainty, Intel’s investment in high wage jobs in New Mexico is exciting and encouraging,” said Rep. Luján. “I congratulate Intel on their investment, and I look forward to working with them to create high wage jobs in New Mexico.”
The $7 billion total investment in facilities in New Mexico, Arizona and Oregon over the next two years will upgrade and maintain facilities that support manufacturing technology to build faster, smaller chips that are more energy efficient. Intel’s investment will support approximately 7,000 high wage jobs in Oregon, Arizona and New Mexico. The investment is Intel’s largest ever for a new manufacturing process.
Rep. Luján is a member of the Committee on Science and Technology and the Vice Chair of the Subcommittee on Technology and Innovation.