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Auction slated for Hynix computer chip factory in Eugene, Ore.

By oregonlive.com
Published: March 3, 2020, 5:33pm

PORTLAND — The vacant Hynix computer chip factory is up for sale again at a three-day auction scheduled to conclude March 25.

The 1.2-million-square-foot factory was among Eugene’s largest employers when Hynix closed it 12 years ago amid a downturn in the memory chip market. But the 200-acre site has turned into an albatross, with successive owners abandoning plans to reopen it.

The property has access to high-capacity internet service and high volumes of electricity. Coupled with various tax incentives, it might be attractive as a data center, said Matt Sayre, managing director of Onward Eugene, a nonprofit group that promotes economic development.

Hynix, a South Korean company, spent $1.5 billion to build and equip the facility ahead of its 1998 opening.

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