(3/24/99)

Computer giant, Intel, says it's coming to Utah. It plans to build a research and development center in Riverton. News Specialist, Shelley Osterloh, reports from where the new complex will be built.

Intel plans to take this wide open property and -over the next 10 or 20 years -turn it into campus of buildings devoted to research and development.

The multi-building complex would be work space for about 8,000 people.

Intel was also considering sites in Nevada and Arizona.

So, Utah sweetened the deal for Intel. Last September, Utah's Board of Business and Economic Development approved a $5-million loan to the company as incentive.

Intel is the world's largest chip manufacturer and leader in computer components... employing about 65,000 people.

The company currently has a research and development plant in American Fork which employs about 400 Utahns.

Intel says one reason it selected the Riverton site is the quality of highly trained people coming from Utah's universities.

It expects the computer science and engineering programs to supply the company with an advanced workforce.