Intel closing Massachusetts factory

Intel closing Massachusetts factory

Intel is closing Fab 176 in Hudson, Mass., and laying off 700 workers.

New Intel CEO Brian Krzanich managed the Hudson factory from 1997 to 2001, boom times for the company and the rest of the tech industry, and oversaw its integration after Intel bought it from DEC.

Intel said it will continue to employ 850 researchers at the Hudson site. Mulloy told the paper that Intel will try to sell the factory, potentially preserving jobs at the site. In Oregon, trailing-edge factories have been successful finding new owners; the old LSI fab in Gresham, for example, is now ON Semiconductor’s flagship factory.

Read more at OregonLive.com.