Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Intel Will Invest $6B in Israel Factory

The Intel Corp. will invest $5 billion to $6 billion in its southern Israel factory.

The company is filing an investment plan for the Kiryat Gat work with Israel’s Ministry of the Economy, the Israeli business daily Globes reported, citing company sources. Intel could receive a grant for about 5 percent of the job — some $300 million, according to Globes.

Intel, which has been operating in Israel for 40 years, has four development centers and two production plants in the country.

The company will make an official announcement in the coming weeks, according to reports.

Engage

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.