SAN JOSE, Calif. Oregon Governor Ted Kulongoski praised Hynix Semiconductor Inc.'s expected decision to invest $250 million in the company's fab in the state.
As reported, the Hynix fab expansion will create 100 more jobs in the city of Eugene.
"I'm pleased that our trade mission to South Korea helped deliver this exciting investment for our state," the Governor said in a statement. "Hynix has been a long-term partner in our efforts to create an economy that is strong, prosperous and competitive."
"We are extremely pleased." said Hynix spokesperson Bobby Lee, in the same statement. "Governor Kulongoski and Mayor Leiken hit a home-run for our Oregon employees. Two hundred fifty million is by far the largest investment we've ever made in a single year."
Hynix Semiconductor Manufacturing America (HSMA), located in Eugene, is Hynix' only North American manufacturing facility. The unit, which has over 1,150 workers, invested over $2 billion dollars in fab expansions since 1995.