“Business Oregon — the state’s economic development agency — confirms that it’s recruiting a company that goes by the codename ‘Azalea.’ The department declined to discuss details of the effort, citing a nondisclosure agreement with the unnamed company,” Mike Rogoway and Christian Gaston report for The Oregonian. “However, officials in New York have been actively pursuing what’s known there as ‘Project Azalea.’ Documents obtained by The Business Review, an Albany, N.Y., weekly, describe that project as a 3.2-million-square-foot semiconductor factory that would employ at least 1,000 people.”

“The cost of building and equipping a new semiconductor factory — a fab, in the chip industry’s parlance — runs in the billions of dollars. That’s attracted great interest to the chatter around Azalea, which at this point is largely speculative,” Rogoway and Gaston report. “Within the chip industry, the theory is that the fab would be a contract facility to build microprocessors for Apple’s mobile devices, the iPhone and iPad.”

Rogoway and Gaston report, “Trade journal EETimes and others have reported that the consulting firm Deloitte Touche Tohmatsu has also looked at sites in California and Texas on behalf of Project Azalea… EETimes also has identified Taiwan Semiconductor Manufacturing Co. as the likely manufacturer behind Project Azalea. TSMC already has an older fab, WaferTech, in Camas, Wash., and has room to expand at the site. But there’s no evidence Project Azalea is looking there, and economic development officials in southwest Washington said Tuesday that they’d heard nothing about it.”

“While Oregon’s chip ecosystem is well established, New York has been working to grow its own — and has spent lavishly to that end. The state committed $2 billion in incentives to recruit contract manufacturer GlobalFoundries, which opened a factory earlier this year in Malta, a community in upstate New York,” Rogoway and Gaston report. “Oregon also has large property tax incentives at its disposal for business recruitment — Washington County values Intel’s current package of property tax exemptions at more than $500 million. But Oregon industry insiders say that the state’s incentives can’t compare with what New York — which has a much larger state budget and overall economy — can offer.”

Much more in the full article – recommended – here.

MacDailyNews Take: Get those tax breaks and other incentives lined up, NY, OR, CA, and TX!

[Thanks to MacDailyNews Reader “Joe Architect” for the heads up.]

Related articles:
Apple rumors bloom near Malta, NY: New speculation centers on GlobalFoundries as Cupertino’s chip maker – December 14, 2012
New York’s Capital Region may have Apple’s eye; Top-secret talks hint firm is weighing area for new plant – December 8, 2012