Intel's revealed that the development that's underway of it's County Kildare facility will now top five billion dollars – ten times what it had announced in 2011.
That's the biggest ever development by a private company in the history of the State.
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The Taoiseach and Tánaiste have officially marked the Company's 25 year anniversary in Ireland, saying it's a fantastic day for the 4,500 strong workforce.
Intel also employs over 200 people at a base in Shannon.