IBM Message Board - Msg: 14546305

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Technology Stocks : IBM

IBM 305.75

+0.3%

Nov 14 9:30 AM EST

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To: art slott who wrote (6865)	10/10/2000 10:36:32 AM
From: Dorine Essey	Read Replies (1) of 8218

DJ IBM/Chip Plant -2: To Begin Operation In 2H 2002 10 Oct 09:28 EAST FISHKILL, N.Y. (Dow Jones)--International Business Machines Corp. (IBM) plans to build a $2.5 billion chip-making plant in East Fishkill, N.Y., which is part of the company's $5 billion investment to support its semiconductor business around the world. In a press release Tuesday, IBM said the new facility is planned to begin operation in the second half of 2002, bringing up to 1,000 new jobs to the region upon full production in early 2003. IBM plans to hold a press conference at 1 p.m. EDT Tuesday to announce the expansion of its microelectronics business. (MORE) DOW JONES NEWS 10-10-00 09:28 AM

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