Iron Workers Union Boast Preliminary Agreement Between Biden Administration and Intel

CHANDLER, Ariz., March 21, 2024 /PRNewswire/ -- A pivotal partnership between the Biden administration and Intel marks a groundbreaking moment as the Department of Commerce announces a preliminary agreement. This agreement, facilitated under the CHIPS and Science Act, designates up to $8.5 billion in direct funding and billions more in loans for Intel. This investment will fuel the construction and expansion of Intel facilities across Arizona, Ohio, New Mexico, and Oregon, pushing a new era of UNION JOB creation and innovation.