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Intel to invest $2.7 billion on Israel plant

URL: http://www.jewishjournal.com/science_and_technology/article/intel_to_invest_27_billion_on_israel_plant_20110119

The U.S. chip-maker Intel Corp. will invest $2.7 billion to upgrade its plant in southern Israel. The Kiryat Gat plant will start producing the next generation of 22-nanometer chips in December, Intel announced at a news conference Tuesday. The investment in upgrading the plant includes a $210 million grant from the Israeli government.

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