Intel has commissioned a new study to quantify its impact on Oregon’s economy.
Intel has commissioned a new study to quantify its impact on Oregon’s economy.
The report, by the Oregon economic consulting firm ECONorthwest, concludes that Intel is responsible — directly and indirectly — for as much as a quarter of all the economic activity in Washington County, and more than 5 percent of all the economic activity statewide.
Though Intel’s headquarters are in Santa Clara, Calif., its largest and most complex operations are in Washington County. It employs more than 16,250 working to design, manufacture and market computer microprocessors. Intel has more employees than any other Oregon business.
Intel paid its employees annual salaries, bonuses worth more than $117,000 on average. By comparison, ECONorthwest says that the average annual salary in Oregon was just under $40,000 in 2009. In Washington County, it was $52,200.
Read more at OregonLive.com.
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