HP finalizes $53M CHIPS Act award for Corvallis facilities
- Hp Inc. has been awarded $53 million to expand its Corvallis facilities as part of a larger effort to boost computer chip development in the U.S.
- The funding comes from the Federal Chips and Science Act, aimed at strengthening advanced computer chip manufacturing in the country.
- The expansion could create 150 temporary construction jobs and more than 100 manufacturing positions, according to the Biden Administration.
- The semiconductor industry is one of Oregon's largest employers, with more than 30,000 workers, according to state data.
14 Articles
14 Articles
$53 million in federal CHIPS money to help expand HP in Corvallis
Technology company HP Inc. has been awarded $53 million to expand its Corvallis facilities as part of a larger effort to boost computer chip development in the U.S., the federal government announced Monday. The money comes from the federal CHIPS and Science Act, which is meant to strengthen and grow advanced computer chip manufacturing in the country. HP manufactures personal computers and related devices, and company leaders say it provides cru…
Biden administration awards $53 million to HP in Corvallis for semiconductor research • Oregon Capital Chronicle
HP, formerly known as Hewlett Packard, is one of Oregon's tech giants. The industry employs more than 30,000 workers. (Justin Sullivan/Getty Images)Oregon’s high tech sector is about to grow even more, with a new multi-million dollar infusion of cash from the federal government. The Biden administration announced Monday that it will award up to $53 million to HP to support the expansion and modernization of its facility in Corvallis. The money c…
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