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MegadealsSubsidy Tracker Individual Entry
Company: Intel
Parent Company:
Intel
Subsidy Source: state
Location: Oregon
City: Hillsboro
County: Washington
Project Description: semiconductor manufacturing facility
Year: 2014
Major Industry of Parent: electrical and electronic equipment
Specific Industry of Parent: semiconductors
Subsidy Value: $2,000,000,000
Program Name: Strategic Investment Program
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Capital Investment: $100,000,000,000
Source of Data: All figures on the subsidy package were taken from Mike Rogoway, "Intel's new tax deal is a whopper: $100 billion investment, 30 years," The Oregonian, August 11, 2014; available online at
(click here). The SIP agreement is available on the Washington County website at:
(click here)
Notes: The value of the subsidy package - $2 billion over 30 years - was estimated by The Oregonian. The subsidy will come as SIP property tax exemptions on Intel's? tools and equipment. The subsidy is investment-based and, according to the Oregonian, "the deal won't create many [direct] jobs." Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.