SAN FRANCISCOIntel Corp. said Monday (April 26) it would invest $177 million over three years to expand its design center in Guadalajara, Mexico.
Intel (Santa Clara, Calif.) said the investment would focus on increasing technology development activities, staffing and technology and education initiatives that support Mexico President Felipe Calderon's National Digital Plan.
The expansion will include the construction of a new building for technical labs, office space, a technology museum for children and an IT lab to support small- and medium-sized businesses, Intel said. About 150 additional technical jobs will be created over the next three years, bringing the total number of engineers at Intel's Guadalajara Design Center to 550, Intel said.
"This new investment today extends our long-term commitment to Mexico," said Intel President and CEO Paul Otellini. "The highly technical work being done at our research center here has been extraordinary, and today we are taking it to a new level."