HUDSON, MA-If anyone out there needs further proof that the high-tech downturn is real they need look no further than this town where a little over a year ago Intel, the giant chip maker, announced it was investing nearly $1 billion into its plant here. This week, the company announced that it was putting the expansion plans on hold.
Intel's plans were to convert two buildings here into clean room space, which is required to manufacture chips. When Intel acquired this site from Digital Equipment in 1998 it was the company's first foray into the state. The first building, called Fab 17, which is short for Fabrication Plant, consists of three areas that will ultimately yield 100,000 sf of space.
Patrick Ward, the company spokesperson, tells GlobeSt.com that Intel plans on completing the conversion of those three areas where the company plans to manufacture Pentiums and Celerons by the third quarter of this year. Intel was planning to build an additional 50,000 sf of clean room space but has decided to hold off on that addition.
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