Intel Must Pay Penalty for Not Hiring in NM

From Oregan Live -Intel missed its local hiring targets last year at its New Mexico fab, the Albuquerque Journal reports. The Journal's report (which is behind the paper's paywall) says this is the third time in five years that Intel has failed to find at least 60 percent of new hires in New Mexico. From the Journal:
A report presented to Sandoval County commissioners by Intel government affairs manager Liz Shipley this week showed only 35 percent of the 349 employees the company hired in 2011 were state residents. The 60 percent hiring goal was one of the conditions the county set in 2004 when it approved a $16 billion revenue bond for Intel. Intel missed the goal in 2009 and 2006, as well. In 2009, 27 percent of its 11 new hires were from New Mexico. In 2006, 103 or 56 percent of the 185 employees hired were state residents.  Figures Shipley provided showed that overall since 1995, 63 percent of Intel's new hires have been from New Mexico. The Journal reported that Intel, which employs 3,500 at Rio Rancho, must pay the county $100,000 for educational initiatives as a result of missing its local hiring target.
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