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| By: Associated Press |
| Published: December 1, 2005 |
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Chipmaking giant Intel Corp. said Thursday it would build a new, $3.5 billion plant in southern Israel alongside an existing one there.
Israel wooed the company with a $525 million grant.
The new factory will produce microprocessors, and is expected to be operational in the second half of 2008, the company said in a release.
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