As part of its program, Intel has signed a definitive agreement with the infrastructure affiliate of Brookfield Asset Management, one of the largest global alternative asset managers, which will provide Intel with a new, expanded pool of capital for manufacturing build-outs. for a basic account. In 2007, Intel set out to pursue LEED (Leadership in Energy and Environmental Design) certification for its Chandler Ocotillo campus. Customers are enthusiastic about these capabilities. Find directions . Three people were injured after partial collapse at Intel's Ocotillo campus in Chandler - YouTube Three workers were hurt after a partial construction site collapse at the Intel. Intel first established a presence in Arizona in 1979 and has two large campuses with about 10,000 employees between them. Such risks and uncertainties include, among others, uncertainties as to the timing of the consummation of the transaction and the potential failure to satisfy the conditions to the consummation of the transaction; the availability of government incentives and other legislation, including the CHIPS and Science Act of 2022; business interruptions related to our supply chain; delays, disruptions, challenges or increased costs in Intels construction or manufacturing expansion at its Ocotillo campus in Chandler, Arizona, whether due to events within or outside of Intels control; expected benefits, including financial benefits, of the transaction or the Smart Capital strategy may not be realized; litigation related to the transaction or otherwise; unanticipated costs may be incurred or undisclosed liabilities assumed; risks related to diverting managements attention from Intels ongoing business operations; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; and other risks detailed in Intels filings with the Securities and Exchange Commission (the SEC), including those discussed in Intels most recent Annual Report on Form 10-K and in any subsequent periodic reports on Form 10-Q and Form 8-K, each of which is on file with or furnished to the SEC and available at the SECs website at www.sec.gov. We are grateful for Intels continued investment in Arizona and cant wait to see these factories up and running., More Context:Its Time to Build a More Geographically Diverse Supply Chain(Randhir Thakur Editorial) |Intel Builds in Arizona(Press Kit) |Intel Breaks Ground on Arizona Fabs(Event Replay) |Manufacturing in Arizona(Fact Sheet) |What Does It Take to Build a Fab? infographic. Hello, Arizona! Ocotillo - OC2, 1st Floor. Corporate, At the time, the thinking wasn't so much to be a . You can easily search the entire Intel.com site in several ways. Address for Intel - Ocotillo Campus Solar, a Power Plant, at South Dobson Road, Chandler AZ. Intel is the only semiconductor manufacturer with leading-edge process and packaging research capabilities in the United States, and the company is investing in domestic capacity to support the surging worldwide demand for chips across multiple segments, from PCs to automobiles to the data center and more. And we have plans for continued investments in the United States, but we cant do it without government partnership to level the playing field. SOLD JUN 14, 2022. . Renewable Energy Certificates (RECs) provided to utility provider for their regulatory purposes. Inspired by Moores Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers greatest challenges. Grow your network of opportunities. The cafes at this tech company's Chandler, Ariz.-based campus offer specials for everything from Meatless Monday to National Guacamole Day and Friendsgiving. Stock photos, 360 images, vectors and videos . Have a general question or billing inquiry? Under the terms of the agreement, the companies will jointly invest up to $30 billion in Intels previously announced manufacturing expansion at its Ocotillo campus in Chandler, Arizona, with Intel funding 51% and Brookfield funding 49% of the total project cost. Sign up here The cranes at Intel's Ocotillo campus and the road expansion are tied to ongoing construction of the company's Fab 42 semiconductor fabrication plant, said Micah Miranda, Chandler's economic . The Executive Search team is looking for trailblazers who want to support world-changing initiatives, thrive intellectually, and make a difference. The LEED silver certification for Existing Buildings: Operations & Maintenance went to Intels entire Ocotillo campus in Arizona, a site that includes three generations of wafer fabrication plants, support and office buildings. It is good . Notable features of the campus include: Given the complexity and size of the Ocotillo campus, it was an immense undertaking to seek certification of this manufacturing campus, said Brian Krzanich, senior vice president and general manager of Manufacturing and Supply Chain for Intel. The Chandler campus represents the breadth of Intel's business activities worldwide, whereas the Ocotillo campus focuses primarily on high-volume microprocessor manufacturing at state-of-the-art facilities. The project pricetag of $20 billion constitutes the largest private-sector investment in Arizona history. The construction of two new computer chip factories is a $20 billion project that will bolster U.S. semiconductor leadership and help bring geographical balance to the global supply chain. Under the terms of the agreement, the companies will jointly invest up to $30 billion in Intel's previously announced manufacturing expansion at its Ocotillo campus in Chandler, Arizona, with Intel funding 51% and Brookfield funding 49% of the total project cost. StreetInsider.com Top Tickers, 1/17/2023. Intel Corporation. Learn more about diversity and inclusion . In addition to our manybenefits and programs, employees get a bunch of other perks! In a groundbreaking ceremony attended by Governor Ducey, local elected officials and community leaders, Intel CEO Pat Gelsinger . Over the next several years, the structure is expected to provide a $15 billion cumulative benefit to Intels adjusted free cash flow and is expected to be accretive to Intels earnings per share during the construction and ramp phase. The site will be home to Intel Fab 52 and Fab 62. Discover short videos related to intel ocotillo campus on TikTok. Scrubbers are air emission control devices that abate process emissions from the fabrication facility (fab) exhaust. SEC filings for Intel are also available on Intels Investor Relations website at www.intc.com. A team of Intel employees determined a way to harness the carbon dioxide emitted by the Ocotillo manufacturing facility in order to grow algae for biofuel. Intel continually strives to minimize our impact on the environment, and are pursuing new ways to reduce emissions, conserve energy and water, and more. Leveraging our partnership experience in other industries, we are pleased to come together with Intel in this important investment that will form part of the long-term digital backbone of the global economy.. In a groundbreaking ceremony attended by senior government officials and community leaders, Intel CEO Pat Gelsinger celebrated the start of construction on the largest private investment in state history and reiterated the companys commitment to investing in U.S. semiconductor leadership. Intel Ocotillo Campus - Fab 52 & Fab 62 Off-Market 4500 South Dobson Road, Chandler, AZ 85248 This property is off-market. Four factories are connected by a mile-long automated superhighway to create a mega-factory network. In 2010, the Ocotillo campus recycled 90 percent of its solid waste (more than 10,000 tons) and achieved 66 percent site wide water conservation, saving approximately 5 million gallons of fresh water per day. We offer a wide range of benefits to make Intel the place where employees want to do their best work. Scrubbers are air emission control devices that abate process emissions from the fabrication facility (fab) exhaust. Find Intel Ocotillo Campus stock photos and editorial news pictures from Getty Images. Thank you. Intels latest expansion promises to further that legacy for decades to come while creating thousands of jobs cementing Arizonas position as a global leader for semiconductor manufacturing. Since the late 1990s, when construction began on the campus, Intel has invested billions to develop high-volume semiconductor manufacturing capacity. Forgot your Intelusername Intel has a policy of designing all new buildings to a minimum of LEED Silver and is also committed to making strategic improvements to its existing locations. Fab 42 produces microprocessors using the company's 10nm manufacturing processes. The new factories will support growing demand for Intels products and provide committed capacity for Intel Foundry Services customers. Intel invests in on-site alternative energy, and we purchase green power from our utility suppliers and green attributes from multiple sources to meet 100% of our Arizona energy use. Eligible dependents of blue-badge employees age three and older, provided they are covered by an Intel U.S. Health Benefits Plan. Intel - Ocotillo Campus Solar in Chandler, Arizona, get driving directions from your location, Types of Power Plants in Maricopa County, AZ, Chandler power authority and electric companies. Since 2017, Intel and the Intel Foundation have given more than $27 million to support Arizona schools and nonprofits. Intel established a presence in Arizona in 1979 and began operations in Chandler the following year. SCIP is a key element of Intels Smart Capital approach, which aims to provide innovative ways to fund growth while creating further financialflexibility to accelerate the companys IDM 2.0 strategy. You can also try the quick links below to see results for most popular searches. Fab 42, scheduled for completion at the end of 2013, is the latest expansion of Intels high-volume manufacturing space in Arizona and represents a $5 billion investment and thousands of construction jobs. We believe this non-GAAP financial measure is helpful in understanding our capital requirements and sources of liquidity by providing an additional means to evaluate the cash flow trends of our business. Three people were injured after a construction site partially collapsed in Chandler at the Intel Ocotillo campus on Wednesday. More from this show. Nearby homes similar to 3625 S Jojoba Way have recently sold between $770K to $1,170K at an average of $285 per square foot. Do you work for Intel? Intels Ocotillo campus, which covers approximately 700 acres of land in the City of Chandler, is an important part of Intels global technology manufacturing network. Remarks at the Intel Corporation Ocotillo Campus in Chandler, Arizona. Doug Ducey. Corporate, Intels partnership with Brookfield is expected to enhance the companys strong balance sheet by allowing Intel to tap into a new pool of capital below its cost of equity while protecting its cash and debt capacity for future investments and continuing to fund a healthy and growing dividend. As such, the City of Chandler and Intel are well prepared to operate as efficiently as possible in the current drought Find 2 external resources related to Intel - Ocotillo Campus Solar. 8 a.m. - 5 p.m. Access your patient portal and create your personalized profile to schedule appointments, message providers securely, review lab results, and much more. SANTA CLARA, Calif., April 21, 2011 Intel Corporation became the first semiconductor or industrial technology company to obtain LEED certification by the U.S. Green Building Council (USGBC) for a manufacturing campus. Chandler emergencies 480-554-1111. Apart from striving to meet the green building requirements laid out in the LEED rating system, Intel engineers are constantly innovating with sustainability in mind. contact us. Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. 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