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MegadealsSubsidy Tracker Individual Entry
Company: Intel
Parent Company:
Intel
Subsidy Source: multiple
Location: Arizona
City: Chandler
County: Maricopa
Project Description: computer chip plant
Year: 1994
Major Industry of Parent: electrical and electronic equipment
Specific Industry of Parent: semiconductors
Subsidy Value: $82,000,000
Subsidy Value in 2023 Dollars: $167,695,039
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL (Archived)
![Megadeal (Archived) is a designation we give to megadeals of less than $100 million. In January 2024, we stopped updating and collecting megadeals with the total value less than $100 million; existing megadeals of less than this amount have been archived as Megadeal (Archived). Many of them are packages involving multiple state and local subsidies. We created the list to fill gaps in the official disclosure data that make up the bulk of the content in Subsidy Tracker. Megadeal entries thus rely on a wide variety of information sources. In some cases these entries overlap entries from specific subsidy programs. In those instances the dollar totals on the Parent Summary Pages and the State Summary Pages are adjusted to avoid double-counting.](https://subsidytracker.goodjobsfirst.org/resources/images/qmark.gif)
Number of Jobs or Training Slots: 1,500
Capital Investment: $1,300,000,000
Source of Data: The value and breakdown of the subsidy package as well as the job and investment projections came from: Martha Reinke and Ed Taylor, "Intel clears last of plant hurdles with permits, tax breaks," Scottsdale Progress, April 20, 1994.
Notes: The company received a 15-year property tax abatement worth an estimated $50 million linked to a foreign trade zone designation. It also received $32 million in state sales tax exemptions for construction materials, production materials and pollution control equipment. 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.