Intel has selected Ohio for a new chip manufacturing complex that would cost at least $20 billion, ramping up an effort to increase U.S. production of computer chips as users grapple with a lingering shortage of the vital components.Intel said on Friday that the new site near Columbus would initially have two chip factories and would directly employ 3,000 people, while creating 7,000 short-term construction jobs and tens of thousands of permanent positions at suppliers and partners.Patrick Gelsinger, who became Intel’s chief executive last year, has rapidly increased the company’s investments in manufacturing to help reduce U.S. reliance on foreign chip makers while lobbying Congress to pass incentives aimed at increasing domestic chip production. He said Intel hoped to invest as much as $100 billion over a decade to build up to eight factories on the Ohio campus, linking the scope and speed of that expansion to expected federal grants if Congress approves a spending package known as the CHIPS Act.
Monday, January 24, 2022
Intel to build manufacturing plants in Ohio
You could have won ~$100 from me if in 2012, you told me that Intel would be announcing a manufacturing plant in Ohio in 2022. I'll believe it more when we have a working fab in Columbus whenever it opens, but still, this feels like a bit more evidence of a potential onshoring shift.
(It will be interesting to understand what this means for the employment of chemists and chemical engineers in Ohio!)