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January 17, 2011

Intel Investment a strong vote of confidence in Ireland

Local TD and Minister of State, Aine Brady, has welcomed Intel's announcement that it is to begin a $500m upgrade of its facilities at its Leixlip campus, with the creation of 850 construction jobs and an additional 200 jobs at the campus as a result of the upgrade.

'This is a significant announcement by Intel, not only for Kildare, but also for the country. It reflects the resilience of the Irish Economy, its improving competitiveness in terms of Labour Costs and Construction Costs, demonstrates the importance of our corporation tax policy and is a strong vote of confidence in the quality of our workforce.' stated Minister Brady ahead of her planned meeting with Intel Management on Monday next.

'Since I got elected in 2007, I have kept in regular contact with Intel, given its significance as an employer in North Kildare. I have witnessed Intel build strong links with Kildare, both in terms of appointing NUI Maynooth as its Global Education Partner and in its Intel Volunteer Programme which provided much needed resources for local sports and community organisations.'

'In recent years, Intel chose its Leixlip plant as one of the two European Research and Development hubs which is also positive news for Leixlip and demonstrates that Kildare is still attractive for inward investment.'

'Intel is now strongly grounded in Leixlip. It has invested over €7bn since it set up in 1989. In recent times, they continue to invest in upgrading their facilities and opened FAB 24-2 which is one of the most technically advanced, high-volume semiconductors manufacturing sites in the world. Intel's Plant at Leixlip is now their largest facility outside the US.' concluded Minister Brady.