Word: intel
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Dates: during 1980-1989
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...Boise, Tucson and Albuquerque. In four years Hewlett-Packard has built a four-building plant employing 2,800 people in Boise, joining longtime residents Boise Cascade (34,000 workers) and Morrison-Knudsen (17,000). Hewlett-Packard has also settled in Colorado Springs, along with Texas Instruments, TRW and Honeywell. Intel, the hottest microchip company in the country, plans to join Internetics in Salt Lake City, as well as start a plant in Albuquerque. Last year National Semiconductor opened a factory employing 275 people in Tucson; this year IBM completed a factory on 1,800 acres just outside the city. Boasts...
...problems has also blocked development of the 3.2 billion bbl. of heavy oil beneath the San Joaquin Valley. As a result, some companies are rapidly expanding into neighboring states, where land and labor are cheaper and energy supplies more predictable. Says Gordon Moore, chairman of the microchip front runner Intel: "Next year we'll have more employees in Oregon than in California...
...when orders for circuits plunged and the industry reacted by slashing capital spending in new plants and equipment by 52%. During 1979, however, demand for the chips surged as toymakers and electronics companies incorporated them into TV computer games and "smart toys" for tots. But domestic producers such as Intel, Advanced Micro Devices and Texas Instruments were unable to fill the orders. Japanese manufacturers quickly filled...