Billion-dollar Intel semiconductor chip factory headed for Ohio

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News & Press

Billion-dollar Intel semiconductor chip factory headed for Ohio

January 24, 2022 | Posted by unionwear

According to Ohio’s Statehouse News Bureau, Intel will be building a $1 billion semiconductor chip near the town of New Albany, OH.

Ohio Senator Sherrod Brown (D) notes that he and fellow Ohio Sen. Rob Portman (R) have urged passage of bipartisan legislation on reshoring jobs back from overseas, investing in manufacturing and cracking down on unfair trade practices.

The Intel project has been described as at least the biggest economic development deal for Ohio since Honda built its 4 million square foot manufacturing plant near Marysville in the early 1980s.