Semiconductor Plant Coming to Ohio, Reports Say

News outlets have reported that later today (Friday, Jan. 21) there will be an official announcement that a multi-billion-dollar computer-chip manufacturing facility is coming to Ohio. According to the reports, Intel will build the chip facility in rural Licking County.

Gov. Mike DeWine, Lt. Gov. Jon Husted, and officials from JobsOhio say they plan to make a “historic economic development announcement” in Newark at 2:30 p.m. today. Intel has issued a media alert, saying CEO Pat Gelsinger will take part in a webcast (also at 2:30 p.m.) to share details about the company‚Äôs “latest plans for investing in manufacturing leadership.”

A major chip manufacturing facility would be a huge win for Ohio manufacturers and their supply chains, and critical for national security. Currently, just 12% of the world’s chips are made in the U.S., with about 80% made in Asia.

The Statehouse News Bureau reports that the Intel project has been described by sources as “the biggest economic development deal for Ohio since Honda built its 4 million square foot manufacturing plant near Marysville in the early 1980s.” Stay tuned. 1/21/2022

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