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Theodore R. Kulongoski , Governor

         

 

 

NEWS RELEASE______________

FOR IMMEDIATE RELEASE                    Contact: Mary Ellen Glynn
March 14, 2003                                                   (503) 378-6496
                                                                              Mary-ellen.glynn@state.or.us

                                                                                                          Scott Ballo
                                                                                                  (503) 378-6169
                                                                                        scott.ballo@state.or.us

Governor Applauds Hynix Investment in Eugene

(Salem) Governor Ted Kulongoski today applauded Hynix Semiconductor Manufacturing America (“HSMA”), the U.S. subsidiary of Hynix Semiconductor Inc. of Korea, for its $100 million upgrade in the companies Eugene facility.

“Hynix America’s decision to make these upgrades while keeping their facility open during the changes is a win-win for everyone,” Governor Kulongoski said. “This creates more jobs, keeps the current workforce going and brings much needed economic stimulus to Oregon.”

Governor Kulongoski, along with Economic and Community Development Commission Chair Jack Isselmann, met with Hynix America CEO D.W. Baik in early March and discussed the proposed investment as well as Hynix America’s role as a strong community partner.

“After meeting with Mr. Baik, I was amazed at the commitment that Hynix America has for the Eugene area and for the entire state,” Governor Kulongoski said.

Hynix has invested over $1.6 billion to date in the Eugene, Oregon facility, which manufactures 256 SDRAM and DDR.  These semiconductors are used in a wide variety of products.  HSMA employs over 850 individuals at the Eugene facility, along with 170 contract workers.  HSMA is one of the top private employers in Oregon.

Unlike previous upgrades to the Eugene, Oregon facility, production will continue at the site and will not affect current employees and operations.  According the company, the result of the upgrade to “PrimeChip” technology will result in a production increase of more than 50%.  HSMA expects the new product will primarily serve U.S. customers for use in high end applications specially in the server market.
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