Intel Wins 4 Awards for Innovation, Economic Development, and Philanthropy in Arizona
By Mayra Vasquez -
Wednesday Oct 27, 2021
Intel Corporation has been honored by four organizations in Arizona for its valuable contributions to innovation, economic development, and supplier diversity. In September and October, Intelâ€™s commitment to investing in the future of Arizona was recognized with the Ed Denison Business Leader of the Year and Economic Driver of the Year awards, inducted into the Arizona 2021 Million Dollar Circle of Excellence, and was named among the top Arizona companies for Corporate Philanthropy.
â€œI want to congratulate our Arizona teams for these impressive awards that reflect Intelâ€™s commitment to creating a local ecosystem of innovation that advances the economy, creates a more inclusive future, and invests in our community,â€ said Liz Shipley, Intel Arizona Public Affairs Director. â€œThese recognitions are extremely rewarding and motivating. As our team continues to create opportunities for the local community in various fields, these awards reflect their dedication and persistence."
Intel is proud to receive these recognitions on behalf of its 12,000 Arizona employees:
2021 Governorâ€™s Celebration of Innovation by the Arizona Technology Council and Arizona Commerce Authority awarded Intel with the Ed Denison Business Leader of the Year award for contributing to Arizonaâ€™s technology industry through relentless community involvement, leadership, visibility, and excellence in economic activity. Intel CEO Pat Gelsinger and Vice President Christine Boles gave the keynote address about the critical need to invest in and support the vital work of strengthening Arizona.
Arizona Manufacturers Councilâ€™s Awards named Intel as the Economic Driver of the Year for making significant positive contributions to Arizonaâ€™s manufacturing sector and the overall economy. Intelâ€™s high-skill, high-paying jobs contribute to Arizonaâ€™s economy through extensive research and development ecosystem spending, sourcing activities, and tax revenue. In 2020, Intel invested $6 billion in capital in Arizona, and its total economic impact in the state was $8.6 billion. Since 1979 the company has invested more than $30 billion in capital to support Arizona operations.
Arizonaâ€™s Hispanic Chamber of Commerce welcomed Intel into the AZ 2021 Million Dollar Circle of Excellence for inclusivity and diversity in procurement spending. Intel is among 18 companies that have spent more than a million dollars in one year with diverse-owned Arizona businesses. As part of its 2030 RISE corporate responsibility goals, Intel is building on this foundation to double its annual spending to $2 billion with diverse suppliers and expand its inclusive sourcing programs and partnerships.
Intel was recognized for its commitment to Corporate Philanthropy by the Phoenix Business Journal, which presented Intel with its Community Impact award for demonstrating an overall spirit of giving through contributions of time, leadership, and resources. Throughout the pandemic, the semiconductor manufacturer and its employees remained committed to investing in education and economic initiatives, and promoting programs encouraging equity in science, technology, engineering, arts, and math.
Intel Arizonaâ€™s leading-edge manufacturing facility and state-of-the-art semiconductor packaging capabilities are the building blocks to making this world smarter and more connected. The company has a big presence in Arizonaâ€™s community, spending billions each year to build an advanced ecosystem of innovation by working with local businesses from trade and construction to professional services.
The company has nearly 12,000 employees in Arizona and hires interns, entry-level, and experienced positions across manufacturing, hardware, software, and many other areas. Its annual operational economic impact in Arizona is approximately $8.6 billion, and in March announced a $20 billion investment to expand its Arizona manufacturing operations.
Intel strives to minimize its impact on the environment and takes a broad approach to reduce emissions, conserve energy and water, and invest in renewable energy. Intel has also invested in on-site alternative energy and purchased green power from its utility suppliers and green attributes from multiple sources to meet 100% of its energy use in Arizona. To support Intelâ€™s commitment to achieve net positive water use, the company has returned and restored 95% of the water that it consumed back into the community in the last year and funded 15 water restoration projects that benefit Arizona.