Intel chooses Vigasio for its European packaging plant

The plant will price €4.5 billion and is anticipated to make use of 1,500 direct jobs and create 3,500 oblique jobs. It is because of come on-line in 2025-7.

The Vigasio web site is a part of an $80 billion European funding programme by Intel which incorporates two fabs at Magdeburg in Germany costing $17 billion, a brand new fab at Leixlip costing $12 billion, an R&D and design centre in France and a lab extension in Poland.

Germany is offering 40% of the price of Intel’s fabs. It’s not identified if Italy is offering the identical share of Vigasio’s price, however 40% appears to be the present rule of thumb for such subsidies.


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