It is believed that the Micron plant and its staff are expected to form the basis of a new plant producing 10-micron chips. Maxine Fassberg, vice president of Intelâ€™s worldwide technology and manufacturing group, in a letter to Micron employees that the current deal with Micron once more expresses Intel long-standing commitment to Intel Israel and the State of Israel. Fassberg, who also heads the companyâ€™s Fab 28 plant in Kiryat Gat, declined to say how the plant would fit into Intel Israelâ€™s expansion plans.
Under the agreement, offered jobs at Intel to 800 employees now on the Micron payroll, as well to hire 130 more on a temporary basis. Micron Israel currently employs 1,000 people and employs several hundred more through manpower agencies. The agreement is subject to regulatory approval, but is expected to get the nod.