Friday, March 1, 2013
Oracle moves 130 manufacturing positions from Mexico to Oregon
Oracle recently announced its transfer of 130 manufacturing jobs from Mexico to Oregon, reflecting a trend by tech companies to move portions of their manufacturing business back to the U.S.
For example, Apple has said it will begin to build some Macs in the U.S., and Intel is also expanding its U.S. manufacturing base.
Oracle Chairman Larry Ellison said in a May 2012 interview at the All Things D technology conference that the company was "doing as much manufacturing in the U.S. as we can."
Oracle will add 130 jobs and retain 300 jobs at their facility in Hillsboro, Ore., according to a statement last week by Oregon Governor John Kitzhaber. The company's move to expand in the U.S. rather than overseas is just the latest example of "an industry leader choosing to 'onshore' in our state," Kitzhaber said.
An incentive for Oracle includes a forgivable loan of $750,000 that Oregon is awarding the company from the state's Strategic Reserve Fund, plus $649,000 from its Business Expansion Program. The award is dependent upon Oracle creating those 130 new full-time jobs and retaining the existing 300 full-time positions over two years.
The Hillsboro facility became part of Oracle after its 2010 acquisition of Sun Microsystems.
For more of the PC World story: pcworld.com
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