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News : Innovation Last Updated: Mar 28, 2014 - 8:20 AM

Intel 25 years in Ireland: Employs 2,800 not 4,500
By Michael Hennigan, Finfacts founder and editor
Mar 27, 2014 - 11:27 AM

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Update 2:45pm: Intel Ireland has advised that 2,800 people are employed directly by Intel at the Leixlip campus; the remainder of 4,500 are long term contractors at the Intel campus.

Intel 25 years in Ireland: Intel the US chip giant's decision in the late 1980s to build a chip plant in Ireland was hugely important and from the early 1990s, Ireland with only 1% of Europe's population, attracted up to 25 % of all US greenfield industrial investment in our continent. The new technology and skills that this inflow brought contributed to a 4% annual increase in output per worker at national level, ie productivity. However, while it's commonly stated by the company itself, politicians, IDA Ireland and the media that Intel employs about 4,500 in Ireland, the actual number is 2,800.

Intel confirmed that number to Finfacts last year and we're not being pedantic by highlighting the number Intel employ as distortion of jobs data is common with estimates of indirect jobs added to boost the public impact.

The chip giant of course uses security firm staff, outside catering staff, tech contractors and so on. Whether that number amounts to 2,000 cannot be verified.

The taoiseach, tánaiste and enterprise minister together with Intel's president are at Intel's Leixlip campus today to observe progress of Intel’s $5bn upgrade, the largest private investment in the history of the Irish State  

Intel said today that the current upgrade project reflects a significant investment by Intel over the past three years starting with an initial $500m investment announced in early 2011 and growing to a total of $5bn invested in the upgrade project to date.

The project has created 5,000 additional indirect jobs in the planning and construction of the upgrade project. This investment brings the overall capital investment to a total of $12.5bn invested in Intel Ireland over the past 25 years.

As a result of this project the Intel Ireland site will become a high volume site for Intel’s latest leading edge manufacturing process beginning in 2015.

Renée James, Intel president, said “I would like to thank the Irish government for its outstanding business partnership with Intel over the past 25 years.

"The combination of the pro-business environment which the Irish government has created together with this investment of $5.0 billion in Intel Ireland have resulted in the creation of a technology campus in Leixlip that is now readying itself to produce some of our most advanced products”.

Intel has a number of research centres in Israel as well as a fab plant and last year a senior official in the Israeli economy ministry told Yedioth Ahronoth - - Israel's most widely-read daily newspaper - - that the government was in negotiations with Intel.

"Intel is talking with us about a huge investment of $10bn," Nahum Itzkovich, the then new director of the economy ministry's Investment Centre, said in his first interview since assuming office. "We are engaged in intensive negotiations with Intel."

Under discussion was an investment of $3bn to upgrade the existing Fab 28 factory in the southern town of Kiryat Gat, and another $7bn in a new factory in the town over the course of 10 years, he said.

Intel also is a key exporter for Israel. Finfacts report

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