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Intel has picked the Columbus, Ohio, area to build the world's largest chip manufacturing complex
"Here's how Ohio won a bid by Intel to build the world's largest chip factory"Mike DeWine was enjoying the kind of chaotic Christmas morning at the Governors Residence that most parents and grandparents experience. It was 10 a.m. and his children and grandchildren, many of whom had spent the night, were opening presents when DeWines counselor, Laurel Dawson, handed the governor a letter.
It was from Intel CEO Pat Gelsinger and Senior Vice President Keyvan Esfarjani, officially telling DeWine that the semiconductor company had picked Greater Columbus for what will be the biggest economic development project in state history.
Ultimately, we hope to establish the largest semiconductor manufacturing site on the planet," the letter said. "Were very excited to work with you and your state to couple Intel's innovation and world-class manufacturing process with Ohio's exceptional talent, capabilities and vision to strengthen U.S. semiconductor leadership."
The letter, which was also delivered to Lt. Gov. Jon Husted, promised something that would change Ohios business community, the Columbus region's landscape and the governors legacy. It was the culmination of nearly eight months of work to convince Intel that Ohio was its best choice.
Snip
Ohio officials began the task of convincing Intel that even though there are no semiconductor plants in the state, Ohio can deliver the workforce and infrastructure for a high-tech manufacturing operation and can do it fast.
Snip
The first phase of the project calls for Intel to make a $20 billion investment to build two plants, called fabs, in Jersey Township in Licking County northeast of Columbus that will employ 3,000 workers with an average salary of $135,000 per year. There also will be 3,000 construction jobs and as many as 10,000 indirect jobs.
The project could have three more phases, employing thousands more workers and tens of billions of dollars in additional investment by the Silicon Valley-based semiconductor company.
SNIP (Kudos to the Biden Admin) 💙
"State leaders began to more aggressively lobby the Ohio congressional delegation to fund the CHIPS for America Act that was enacted as part of the annual defense bill passed in early 2021.
Last June, the Senate passed the United States Innovation and Competition Act that includes $52 billion in funding for the semiconductor research, design and manufacturing provisions of the CHIPS bill that had been previously passed, but the House has yet to consider the bill. "
MORE..
CONT:
https://www.dispatch.com/in-depth/business/2022/01/21/how-mike-dewine-jon-husted-got-intel-come-ohio/9183683002/
Link to tweet
A win for the Biden admin:
Intel has picked the Columbus, Ohio, area to build the world's largest chip manufacturing complex. The move could have a big impact on addressing semiconductor shortages, and it's expected to create nearly 12,000 jobs.
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Intel has picked the Columbus, Ohio, area to build the world's largest chip manufacturing complex (Original Post)
Budi
Jan 2022
OP
Lucky Luciano
(11,254 posts)1. Should I buy Columbus real estate?
Budi
(15,325 posts)2. If there's any left to buy after this news!