Posted at: 08/10/2013 2:53 PM
By: Mike Anderson, KOB Eyewitness News 4
ALBUQUERQUE, N.M. (AP) - Intel Corp. will have to spend $100,000 on school-to-work programs after missing hiring benchmarks set for its plant in New Mexico.
The Albuquerque Journal reports this is the third time in five years the computer chip manufacturer has failed to ensure that 60 percent of new hires at its Rio Rancho plant are New Mexico residents.
Intel's Liz Shipley says as technology becomes more complex, the company is having more difficulty finding candidates who have the needed degrees in science and engineering.
Shipley told Sandoval County commissioners this week that the company is seeing a shortage of qualified workers throughout the country, not just in New Mexico.
The 60 percent hiring goal was one of the conditions the county set in 2004 when it approved a $16 billion revenue bond for Intel.
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