INTEL Ireland’s Leixlip site will become a high volume site for the company’s latest manufacturing process, starting in 2015, the company has confirmed, writes Henry Bauress.
Tributes were paid to staff at a special press conference at the plant on 27 March, at which the company and the Government “confirmed the progress” on an IDA supported $5 billion upgrade of three of the company’s plant over the past three years.
It said that the manufacturing of new technology will start in 2015 and will “underpin” the jobs of the 4,500 employees there.
An initial investment of $500m was announced in early 2011. In addition to the 4,500 existing jobs at the plant being “stabilised,”, Intel said the project had created 5,000 additional jobs in planning and construction.
An Taoiseach, Enda Kenny, brought out more than a chuckle from staff present at the announcement when he referred briefly at the outset to technology, bits and bytes. Mr. Kenny said the $5bn is the largest single private investment in the history of the State and brought to $12.5by the total capital investment in the 25 years since 1989.
He said the new plant “will be here for the next two generations in the context of what Intel do.”
Tanaiste, Eamon Gilmore, said it was an “enormous vote of confidence by Intel.”
He told staff: “Thank you, the workforce, for Intel signing on the line.
Intel President, Renne James told staff and guests it was “a very exciting day for us” and “the most momentous day in the history of Intel in Ireland
The company did not say exactly will be produced in the refurbished plants. Two years ago it indicated that the Leixlip plant would one of three company plants to produce the new 14 nanometers generation of chips.
Intel got planning permission in February 2013 for a new Fab in Leixlip. The company has not given the go ahead for that, so far.