Intel has submitted a business plan to expand its plant in Kiryat Gat
Posted on May 15, 2018 by Ifi Reporter
Intel announced today that it has submitted a business plan to expand its plant in Kiryat Gat in order to prepare for future needs. Project details, including schedule, costs and technologies have not been published at this time but it will invest $ 5 millioon.
Since its inception in Israel, 44 years ago, Intel has grown into the largest private employer in high-tech. The company started its operations in Israel in 1974 at a development center established by Dov Frohman. Today, Intel employs approximately 11,000 workers in Israel (and 1,000 employees). Intel Israel has three major development centers in Haifa, Petah Tikva and Jerusalem, and a production center in Kiryat Gat.
Intel is a leading exporter in Israel's high-tech industry. In 2006 alone, Intel exported $ 3.6 billion worth of goods and services. This represents 8% of Israel's total high-tech exports. Since its establishment in Israel, Intel has exported products and services with a cumulative value of $ 50 billion. Intel is also the largest investor in the high-tech sector in Israel: $ 35 billion in investments and acquisitions in Israel since its establishment.
"Intel and Israel are a story of a wonderful partnership that began in 1974, when the State of Israel began to realize the Israeli dream," said Yaniv Garty, Intel vice president and general manager of Intel Israel. Intel has believed in the potential of the young state and established its first development center outside of the US In Israel, Intel has grown steadily in Israel, contributing greatly to Intel's achievements. "
"In the past 44 years, Intel's exports have totaled $ 50 billion, mostly from our production plants in Kiryat Gat and Jerusalem," said Daniel Ben Attar, Intel's vice president and general manager of the Kiryat Gat plant. The plant, founded in 2005 in Kiryat Gat, was awarded the Intel Excellence Award in 2013 for its excellence in the realization of Intel values. We are committed to continuing our incredible line of achievements. "
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