Related: Intel Tax Deal Was Dumb Idea
Hey, it was ju$t a joke!
"Intel gets help shopping massive Hudson site" by Hiawatha Bray | Globe Staff May 23, 2014
How do you sell an aging microchip factory crammed with outdated technology? Not very easily.
So Intel Corp, the world’s leading chipmaker, has called in reinforcements in its bid to sell its semiconductor plant in Hudson.
Binswanger Management Corp. of Philadelphia, an international dealer in commercial and industrial real estate, said Thursday it will try shopping the Hudson campus as a biotech facility, a digital data center, or a manufacturing site for high technology hardware.
That would be a significant setback for hundreds of workers still there because after announcing last year it was closing up shop there, Intel had been trying to find a buyer who will keep the facility running as a chip factory, but no such buyer has emerged and Intel spokeswoman Ann Hurd said Intel is determined to cease operations at the plant by the end of the year. Already dozens of the plant’s 700 workers have been laid off.
I have been on those sinking ships and it is not fun.
Located at the intersection of Interstates 290 and 495, the Hudson site is huge: more than 1.3 million square feet of office and industrial space in four buildings....
--more--"
