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HP Inc. (Oregon)

Corvallis, OR 97330
Congressional District
4th District

Key Facts

award banner of hp in corvallis, oregon

Project Summary

The U.S. Department of Commerce awarded up to $53 million in direct funding to HPI Federal LLC under the CHIPS and Science Act to support the expansion and modernization of the existing facility of HP Inc. (“HP”) in Corvallis, Oregon, which is part of HP’s “lab-to-fab” ecosystem in the region that spans from research and development (“R&D”) activities to commercial manufacturing operations. Through this investment, the Department will help enhance U.S. technological leadership by driving innovation of groundbreaking semiconductor technologies that serve important end markets, notably including life sciences.

Economic and National Security Impact

Rooted in HP’s expertise in microfluidics and microelectromechanical systems (“MEMS”), the company’s innovative technology provides a unique pathway to drive improved performance and efficiency of semiconductor-based hardware. Among other products, the CHIPS funding would support the manufacturing of silicon devices that are key components of life sciences lab equipment which are used in drug discovery, single-cell research, and cell line development. By leveraging HP’s expertise in microfluidics and MEMS, these devices allow for increased speed and precision during life sciences R&D. The company’s devices serve important focus areas for public health initiatives and enable performance efficiencies for partner institutions across academia, government, and the private sector including Harvard Medical School, the Centers for Disease Control and Prevention, and Merck.  

The development and expansion facilitated by the CHIPS funding would bolster the lab-to-fab ecosystem that HP has established in Oregon, which also serves as one of three R&D Centers for Excellence within the company’s global footprint. In addition to continued domestic investment in the company’s internal research and development, HP has opened its Corvallis campus to collaborative R&D efforts with academic institutions and startups. Of note, HP donated a 25-year lease of a portion of its Corvallis campus to Oregon State University (OSU) – this 80,000 sq. ft. manufacturing and R&D facility has incubated 39 different companies, including 20 that spun out from OSU faculty and students. The Corvallis campus provides resources and tools for startups and entrepreneurs to build innovative products locally in Oregon and provides an opportunity for these companies to grow and reinvest in the domestic ecosystem.

 

HP Inc. Project Overview

Project Summary

RecipientHPI Federal LLC
Location(s)Corvallis, Oregon

Financial Summary

ProgramCHIPS Program Office
Direct Funding AmountUp to $53 million
Expected Capital Expenditure$489 million

Workforce Summary

Estimated Job CreationOver 100 manufacturing jobs
Nearly 150 construction jobs
CHIPS Workforce Funding Up to $3 million

Project Statistics: Corvallis, Oregon

Summary

Project TypeExpansion and modernization of HP’s existing facility
TechnologiesSilicon devices that are key components of products incl. life sciences devices used in drug discovery, single-cell research, and cell line development
Project TimelineTarget completion by 2029
Award Amount
$53 million in direct funding
Application Stage
Final Award
CHIPS Organization
CHIPS Program Office
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