Few details are available about the incentives Ohio gave Intel to build a semiconductor chip campus

[TexasTowelie]

Few details are available about the incentives Ohio gave Intel to build a semiconductor chip campus here.


But Intel officials say the package that was offered put Ohio at the top of a list of 40 states vying for the project.

Intel is making a $20 billion dollar investment into a semiconductor chip manufacturing campus in Central Ohio. It’s being heralded as one of the biggest facilities of its kind in the world. A lot of promises have been made but taxpayers don't know much about them right now.

Intel leaders say they considered 40 states for its multi-billion-dollar project. Gov Mike DeWine says he and other state and local leaders made sure Ohio came out on top.

“We worked, we fought and we won to bring these jobs to Ohio,” DeWine says.

It’s clear an incentive package has been offered to Intel but the details are unknown. JobsOhio and the state’s development leaders were involved in the deal. Lt. Gov Jon Husted hinted at the scope of it.

Read more: https://www.statenews.org/government-politics/2022-01-23/few-details-are-available-about-the-incentives-ohio-gave-intel-to-build-a-semiconductor-chip-campus-here

[dchill]

1. The people of Ohio will be PAYING Intel to have a plant there.

Just a guess.