HP gets $50 million in federal money to expand Oregon campus

Oregon's Hewlett-Packard campus in Corvallis will receive $50 million from the federal government under the CHIPS and Science Act.

Gov. Tina Kotek, U.S. Sens. Ron Wyden, Jeff Merkley, U.S Reps. Suzanne Bonamici, Val Hoyle, Oregon State University President Jayathi Murthy and White House CHIPS Implementation Coordinator Ryan Harper were among the officials joining HP executives in Corvallis Tuesday morning to celebrate the funding.

The money will go toward the expansion and modernization of HP's facility in Corvallis and supporting HP's manufacturing of different technologies and products.

"This proposed investment provides HP with an opportunity to modernize and expand our facility to further invest in our microfluidics technology, which is the study of the behavior and control of fluid on a microscopic scale," said HP CEO Enrique Lores in a prepared statement.

The project will create an estimated 150 construction jobs and 100 manufacturing jobs. HP has granted the project agreement to Andersen Construction , based in Portland, according to the press release. HP is also working with Portland Community College for training and recruitment programs and has representatives on an advisory council for Linn-Benton Community College.

“HP invented its inkjet printer here in Corvallis, and the facility still remains one of the company’s leading research posts, contributing to our state’s leadership in technological innovation,” Kotek said in a statement. “Oregon is a leader in the semiconductor industry because of our world class talent and strong partnerships with higher education. We are uniquely positioned to enhance national security by helping to grow the country’s semiconductor industry."

The Biden-Harris administration has announced more than $32 billion in proposed funding across 16 states for the construction of semiconductor factories and research. Business Oregon in March announced Intel had also been awarded $8.5 billion in federal funding through the federal CHIPS act. The company employs 23,000 people at its Hillsboro campus.

In Oregon, lawmakers passed the Oregon CHIPS Act during the 2023 legislative session. The bill directed $240 million toward a grant and loan program to support the expansion of semiconductor businesses in Oregon.

HP will be receiving $9.5 million from the Oregon CHIPS Act. Intel was awarded $115 million in January.

D ianne Lugo cov ers the Oregon Legislature and equity issues. Reach her at dlugo@statesmanjournal.com or on X @DianneLugo

This article originally appeared on Salem Statesman Journal: HP gets $50 million in federal money to expand Oregon campus