May 19, 2004 – Intel Corp. said it will invest 1.6 billion euros (nearly $2 billion) to expand its 300mm Fab 24 facilities in Leixslip, outside Dublin, to enable 65nm process technologies and build Fab 24-2.
The investment, along with undisclosed grants and incentives from the Irish Developent Authority, will add 60,000 sq. ft. of manufacturing cleanroom space plus equipment for Fab 24 and Fab 24-2. Production for the addition is expect to begin in 1H06.
Intel’s operations in Leixslip, established in 1989, is the company’s largest operation outside the US and its sole manufacturing base in Europe.