Intel Corp. to invest almost $190 million to expand plant in western Mexico

Intel to invest $190 million in Mexican plant

MEXICO CITY — Computer chip manufacturer Intel Corp. says it will spend 2.3 billion pesos (about $190 million) to expand its existing plant in western Mexico.

Intel CEO Paul Otellini says the investment over the next three years will allow the company to increase the number of engineers at its design center in the western city of Guadalajara from 400 to 550.

The facility focuses on design and testing of chips.

The company announced Monday it will also erect a new building for laboratories and a technology museum for children.

Mexican President Felipe Calderon called the announcement a “good business decision.”