intel inside new mexico
"It's
a race to the bottom for communities competing to lure these corporate giants,"
says Jeanne Gauna, SWOP Co-Director.
"What kind of economic development package ends with all of the profits in
the pocket of some greedy CEO? IRBs are doing little for our economy and the
wallets of people from the community."
Monitoring
Intel's air emissions-an update.
Visit
our Community Environmental Bill of Rights
- On April Fools Day, 1992, Intel
Corporation and the State of New Mexico announced a $1 Billion Industrial
Revenue Bond (IRB) proposal, the largest ever considered in New Mexico.
By the time the IRB was approved in 1993, the total issue had increased
to $2 billion and encompassed the largest construction project in the nation.
Intel Corporation went on to achieve the largest Tax Abatement package in
history when Sandoval County approved an $8 Billion Industrial Revenue Bond
(1995).
Buy the book
'Intel Inside New Mexico' in our Cyber Mercado.
- Intel uses 7 million gallons
of water per day at their plant in Rio Rancho. That is 2.5 billion gallons
of water per year. In the desert. In 1997, Intel negotiated to buy water
rights from Southern New Mexico. SWOP and residents from the area opposed
the sale, and won.
'Intel Inside
New Mexico' also has information on Intel's water usage.
Back to
Intel: what are we breathing?
