ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Friday, May 17, 1996                   TAG: 9605170036
SECTION: BUSINESS                 PAGE: B-7  EDITION: METRO 
DATELINE: RICHMOND 
SOURCE: ASSOCIATED PRESS

COMPUTER INDUSTRY TO INVEST IN VIRGINIA AGAIN

A $1.5 billion computer chip factory planned by Siemens A.G. and Motorola Inc. will be built in Henrico County, a newspaper reported Thursday. The facility reportedly would employ nearly 1,000 people.

The project would be the third multibillion-dollar investment by the computer semiconductor industry in a year in Virginia.

According to the Richmond Times-Dispatch, the companies selected the state-owned Elko tract, a 2,372-acre parcel near Richmond International Airport in eastern Henrico.

Neither Siemens nor Motorola would confirm the report. The newspaper cited sources it did not identify.

The agreement is expected to be formally announced Monday, with Gov. George Allen - currently on a two-week trade mission to the Far East - participating by telephone from Hong Kong, the newspaper said.

``Our policy - and mine - is not to discuss matters until the principals in the private sector announce it,'' Allen said.

LENGTH: Short :   34 lines
KEYWORDS: JOBCHEK