Hewlett Packard will receive $50 million from the federal government and $9.5 million from Oregon to build up manufacturing.
CORVALLIS, Ore. — Hewlett Packard’s longtime facility in Corvallis is set to receive both state and federal support for expansion and modernization as part of the CHIPS Act, officials announced Tuesday. The company is slated to receive up to $50 million from the Biden administration and another $9.5 million from the state of Oregon.
Biden administration officials said that they’d signed a non-binding agreement with HP for the Corvallis facility, part of the company’s “lab-to-fab” system of research, development and manufacturing.
The feds estimated that
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