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.
The investments will be used to increase the capacity of the wafer fabs in Hudson, MA, and Colorado Springs, CO. Both fabs are 200mm facilities that produce primarily chipsets communications and flash memory components for a variety of Intel platforms.

Bob Baker, senior vice president, general manager, Technology and Manufacturing Group, said, "These investments will increase the capacity of our 200mm manufacturing network to support our platform initiatives and will give us additional supply flexibility across a range of products."

Of the outlay, $190 million is earmarked for Colorado Springs as part of an upgrade to a second clean room. Construction is set to begin immediately.

In Hudson, $155 million will be spent to increase overall capacity. The additional capacity will be used to manufacture a variety of logic products, including chipsets to support Intel's platform initiatives for mobile, desktop and server systems. The investment in Hudson will create more than 300 manufacturing jobs, Intel said.

Separately, the company announced an agreement to purchase office property in Ft. Collins, CO, to site its Itanium processor design team.