in Italy’s north east region of Veneto to be the site of its new European packaging plant according to Reuters The plant will cost €4.5 billion and is expected to employ 1,500 direct jobs and create 3,500 indirect jobs The Vigasio site is part of an $80 billion European investment programme by Intel which includes two fabs at Magdeburg in Germany costing $17 billion an R&D and design centre in France and a lab extension in Poland Germany is providing 40% of the cost of Intel’s fabs It is not known if Italy is providing the same percentage of Vigasio’s cost but 40% seems to be the current rule of thumb for such subsidies Tagged with: Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" Electronics Weekly is excited to launch it's own podcast brought to you by our editor Caroline Hayes You can hear interesting insights from a range of industry figures Catch all the episodes » Sign up for the Electronics Weekly newsletters: Mannerisms Gadget Master and the Daily and Weekly roundups Find out more » Read our special supplement celebrating 60 years of Electronics Weekly and looking ahead to the future of the industry Read the first ever Electronics Weekly online: 7th September 1960 We've scanned the very first edition so you can enjoy it Read the very first edition » Keep up with developments relating to space technology - satellite technology View our busy aerospace section » Keep up with developments relating to the Internet of Things (IoT) - Industrial IoT View our popular Internet of Things section » Keep up with developments relating to Power electronics - MOSFETs View our busy Power section »