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As per Intel’s 2004 Industrial Revenue Bond (IRB) lease agreement with Sandoval County, please
accept the following as Intel’s 2017 Annual Report.
Hiring
Intel hired 30 new employees in New Mexico in 2017. As stated in Intel’s 2004 IRB
agreement, Intel needs to meet a yearly goal of 60% New Mexico resident hiring. That
goal was reached in 2017. New Mexico hires accounted for 77% of the total new hires.
Since Intel’s 1995 IRB agreement, 63% of Intel’s new hires in at the Rio Rancho plant have
been New Mexico residents. Below is a table summarizing Intel’s local hiring since 1995.
Total NM NM Total NM NM
Year Hires Residents Residents Year Hires Residents Residents
(of total) (% of total) (of total) (% of total)
1995 1102 680 61.7% 2007 14 11 78.6%
1996 1073 668 62.2% 2008 46 36 78.2%
1997 1628 1093 67.1% 2009 8 3 27.3%
1998 50 34 68.0% 2010 187 112 60.0%
1999 138 126 91.3% 2011 349 121 34.7%
2000 1369 932 68.1% 2012 74 19 25.7%
2001 485 245 50.5% 2013 24 6 25.0%
2002 65 40 61.5% 2014 6 3 50.0%
2003 36 27 75.0% 2015 10 9 90.0%
2004 105 65 61.9% 2016 12 12 100.0%
2005 341 239 70.1% 2017 30 23 76.7%
2006 185 103 55.7% Total 7330 4614 62.9%
By accepting this report into the record, Intel Corporation has met the intent outlined in Section
5.12, subparagraph A, of the 2004 IRB lease agreement.
Regards,
Erika L. Edgerly
New Mexico Government Affairs Manager
Intel Corporation