Intel is planning to invest more than $20 billion in the construction of two new leading-edge chip factories in Ohio to boost production to meet demand for advanced semiconductors, power a new generation of innovative products from Intel, and serve the needs of foundry customers.
Spanning nearly 1,000 acres in Licking County, just outside of Columbus, the “mega-site” can accommodate a total of eight chip factories as well as supporting operations and ecosystem partners.
On January 21, Intel announced that it has selected the Licking County portion of the New Albany International Business Park as the location for a $20 billion+ chip manufacturing project. The company plans to build two state-of-the-art factories by 2025. Intel’s selection of our business park will create many opportunities for New Albany, our region and the entire state, including:
Read more at NewAlbany.org
LICKING COUNTY, Ohio, Jan. 21, 2022 – Intel today announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio. The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of the company’s IDM 2.0 strategy. To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.
Keyvan Esfarjani, Guest Columnist | The Columbus Dispatch
More than 40 years ago, Intel broke ground on a new factory in a small agricultural town just outside of Phoenix, Ariz.
What began life as an empty patch of desert farmland has since become a manufacturing powerhouse with an annual economic impact of nearly $10 billion.
Today, Intel employs more than 12,000 people in Arizona and drives a vibrant community of supporting services and suppliers with a magnitude on the order of a small city.
Licking County, Ohio — January 21, 2022 — Ohio Governor Mike DeWine and Lt. Governor Jon Husted joined JobsOhio, One Columbus, and several local, state, and federal leaders to announce that leading global semiconductor manufacturer Intel Corporation has chosen a site in central Ohio’s Licking County as the future home for its most advanced semiconductor manufacturing facilities in the world. Intel plans to invest more than $20 billion to build two state-of-the-art factories by 2025, designed for what the company calls the “Angstrom era” — with materials processed on the atomic level — and with support for Intel’s most advanced process technologies, resulting in an increased American share of the global semiconductor supply chain.
On January 21, Intel announced that it has selected the Licking County portion of the New Albany International Business Park as the location for a $20 billion+ chip manufacturing project. The company plans to build two state-of-the-art factories by 2025. Intel’s selection of our business park will create many opportunities for New Albany, our region and the entire state, including:
By Meghan Bobrowsky
Updated Jan. 21, 2022
Intel Corp. INTC 0.15% said it plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering the company’s semiconductor-production ambitions as greater demand for digital products and a global chip shortage have amplified the need for more manufacturing.
Intel said Friday it would invest in two new chip factories just outside Columbus, Ohio, to add to Intel’s effort to expand its chip-making business. The company has made more than $100 billion in investment pledges over the past year. Intel Chief Executive Pat Gelsinger said the site could eventually grow to accommodate eight chip factories, also known as FABs.
COLUMBUS—Ohio’s six major business organizations today joined to issue a statement on Intel’s announcement to build a semi-conductor production facility in central Ohio. The Ohio Business Roundtable, Ohio Chamber of Commerce, NFIB Ohio, Ohio Manufacturers’ Association, Ohio Farm Bureau and the Ohio Council of Retail Merchants issued the following statement:
“Today’s announcement by Intel that it will build a new computer-chip factory in central Ohio is a monumental win for our state and our country. The COVID-19 pandemic and its supply-chain disruptions, together with aggressive foreign trade practices, showed many organizations the importance of moving manufacturing capacity back to the United States from overseas; perhaps none more important than the semiconductor industry. Domestic chip manufacturing is essential for our national security, and we are pleased Ohio is leading the way.
Accolades poured in from across the state on Friday after it was confirmed that Jersey Township in Licking County will be home to a $20 billion Intel investment.
Sen. Rob Portman called the announcement a “great match” between Intel and Ohio.
“This historic investment is great news for Ohio and for our nation. Intel is a world-class company and Ohio is well situated to be the home of their new semiconductor manufacturing center,” he said in a statement.
Aubrey Wright and Mark Williams | The Columbus Dispatch
NEWARK — The celebration of Ohio’s biggest economic development project in history stretched from Washington, D.C., to Newark on Friday.
Local, state and federal leaders from President Joe Biden to Gov. Mike DeWine welcomed Intel’s $20 billion investment to build two semiconductor plants on land that will be annexed into New Albany from Jersey Township.