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Subsidy Tracker Individual Entry

Company: Intel
Parent Company: Intel
Subsidy Source: state
Location: Oregon
City: Hillsboro
County: Washington
Project Description: computer chip plant expansion/retention
Year: 1999
Major Industry of Parent: electrical and electronic equipment
Specific Industry of Parent: semiconductors
Subsidy Value: $200,000,000
Program Name: multiple
Awarding Agency: Business Oregon
Type of Subsidy: 
MEGADEAL

Source of Data: The $200 million estimate is cited in both Sam Howe Verhovek, "Fighting Sprawl, a County Gets Intel to Limit Jobs," New York Times, June 9, 1999 and Don Hamilton and Elisa Williams, "Intel, County Strike Deal on Tax," The Oregonian, May 27, 1999.
Notes: This is one of a series of tax breaks Intel has received through the state's Strategic Investment Program. These amounts are listed separately in the main Subsidy Tracker data under the entries for that program. The source for those figures give an amount of $421 million for 1999, but because of the possibility that this might include a previous subsidy award, we go with the $200 million figure report in 1999 media accounts.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.