After months of fierce lobbying, NEC Corp. says it will invest $827 million in a new chip plant in Scotland. California was the other strong contender. NEC's current 13-year-old plant in Scotland is its most productive worldwide. That influenced NEC's decision to expand the operation, as did Scotland's low labor costs and strong demand from Europe. The new facility will eventually make 64-megabit semiconductor chips and will employ 430 workers. Motorola Inc., too, recently announced a $384 million expansion of its Scottish chip plant--its largest investment in Europe.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE