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Intel, Hillsboro, Washington County Announce $100 Billion Investment Agreement

In 2012, Intel's payroll amounted to $2.8 billion causing a ripple effect that led to a gross total of $327.7 million in state income taxes and local property taxes in support of public services statewide.

(HILLSBORO, Ore. ) - Representatives of Washington County, the City of Hillsboro and Intel Corporation announced on Monday that a proposed agreement has been reached for Intel to invest up to $100 billion in the county.

The announcement culminates negotiations under Oregon's Strategic Investment Program, a private-public partnership that has driven billions of dollars of investment in Oregon over the last two decades.