SANTA CLARA, CA -- Intel Corp. today announced plans to
invest $345 million in capacity expansions at two of the company's
wafer manufacturing sites in Colorado and Massachusetts. The investment
will create several hundred jobs, the chipmaker said.
BANGALORE, INDIA -- Elcoteq Network Corp. became the second major EMS firm this week to announce plans for assembly
operations in India, saying that it would invest $50 million to $100 million for a high-volume telecom site here.
NEW YORK -- In response
to higher energy prices,
Dow Chemical Co.
said Thursday it would seek price
increases across its entire portfolio of chemical and plastic products.
In a statement, the chemical maker cited high oil and natural gas
prices, saying they pose a severe threat to the long-term health of
the chemical industry in the U.S.