Intel Pulling Out Of Colorado Springs

Chip maker Intel announced Tuesday it will try to sell its Colorado Springs chip fabrication plant. If a buyer can't be found, the plant will be closed down.

More than 1000 people work for Intel in Colorado Springs. While those jobs could be saved if a buyer is found, their future is much less certain if one isn't found.

Officials tell 11 News Intel wants to sell it as a "working" plant, making the workers more of an essential part of the plant. Intel would not disclose their asking price, or a timetable for when they would close the plant if a buyer cannot be found.

Stay with 11 News for more information.