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To: patroller who wrote (930)12/3/1997 7:05:00 PM
From: patroller  Respond to of 2542
 
TO ALL check this out.Motorola to spend $3 billion at Va. plant

CHICAGO, Dec 3 (Reuters) - Motorola Inc said Wednesday it will spend about $3 billion on the
first phase of a semiconductor manufacturing plant at West Creek, near Richmond, Virginia.

The project represents the largest single initial investment in the history of Motorola, said Motorola
chairman Robert Galvin, in a news release received here.

Construction of five buildings, including a wafer fabrication facility, wil begin during the second
quarter of 1998. Shipment of products to customers is expected to begin by mid-2000.

At the completion of phase one, there will be about 2500 employees at the West Creek site.

The land, comprising 230 acres, was purchased in 1995 to build a plant to make PowerPC chips,
but Motorola delayed the project citing a change in strategy away from single-product facilities,
which would give its manufacturing centers more flexibility in meeting fast-changing market
demands.

Motorola said it had also obtained an option to purchase an additional 140 acres for its West
creek project. Motorola will buy the second parcel, but does not plan to build on it during the first
phase of construction, company officials said.

During the first phase of construction, Motorola will build about 1.5 million square feet of space,
more than doubling the first phase plans announced in 1995.

Where was Merill on this slow down? Patroller