Intel Reveals Plans for Massive New Ohio Factory, Fighting the Chip Shortage Stateside
As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage, Intel is committing $20 billion to build a manufacturing mega-site in New Albany, on the outskirts of Columbus, Ohio, the company told TIME. From the report: The chip maker says it will build at least two semiconductor fabrication plants, or fabs, on the 1,000-acre site, where Intel will research, develop, and manufacture its most cutting-edge computer chips, employing at least 3,000 people. Construction will begin this year and the plant should be operational by 2025, the company said. Intel's announcement is the largest private-sector investment in Ohio history and a bright spot in what has been a dismal few decades for manufacturing in Ohio and the Midwest. Big employers like General Motors laid off thousands as factory jobs relocated to the U.S. South and overseas. But as automation drives efficiency in factories, creating technical, rather than assembly-line jobs, Ohio is trying to mount a manufacturing comeback. "Our expectation is that this becomes the largest silicon manufacturing location on the planet," Intel CEO Pat Gelsinger told TIME; the company has the option to eventually expand to 2,000 acres and up to eight fabs. "We helped to establish the Silicon Valley," he said. "Now we're going to do the Silicon Heartland."
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