What we know about Intel factory coming to Columbus area (2024)

Intel has picked Greater Columbus for a new factory that figures to spark a new industry for the state.

The Silicon Valley semiconductor maker plans to invest $20 billion in a site in Licking County that will employ 3,000 workers, a source close to the project told The Dispatch.

How quickly such a development could occur depends in part on Congress, which is debating legislation that would provide incentives to bring chip-making back to the U.S.

Here's what you need to know about the location, project, community and semiconductor production:

What we know about Intel factory coming to Columbus area (2)

What is coming to Licking County?

An Intel factory that will make computer chips and employ 3,000 workers, according to The Dispatch's source.

Intel will invest $20 billion into the site, the biggest in the state history. It could also spark a new industry for Greater Columbus and Ohio at large.

Where will the new chip factory be?

The site Intel intends to build on appears to be 3,190 acres that have recently been annexed from Jersey Township in western Licking County to the Columbus suburb of New Albany.

The area is bounded by the Franklin-Licking County line, Green Chapel Road, Mink Street and Jug Street

The land would become part of the burgeoning New Albany International Business Park, where tech giantsGoogle, Amazon and Facebookhave data centers.

What we know about Intel factory coming to Columbus area (3)

About Jersey Township, Ohio

Jersey Township is about a half-hour's drive northeast ofColumbus on the western edge ofLicking County.Route 161 runs through the township, which is heavily rural and home to a little more than 2,500 people, most of whom are white, according to census records.

Where is Jersey Township, Ohio?What you need to know about potential Licking County site

What does Jersey Township think of move?

Jersey Township is preparing for the biggest transformation in its history. The pending annexationwould mean an investment of tens of billions of dollars and thousands of jobs.

“Close to half of the township will be gone with this transaction,” Jersey Township Trustee Dan Wetzel said. “Jersey Township will never be the same after this, that’s for sure.”

Ohio town reacts to impending development:New Albany annexation, development 'transformational' for Jersey Township

When will the Intel factory be built?

Construction is expected to start this year, with the first chips being produced by 2025.

Part of it depends onCongress, which is debating legislation that would provide incentives to bring chip-making back to the U.S.

The Senate passed theU.S. Innovation and Competition Actin June that provides $52 billion in federal investments for research, design and manufacturing. The legislation is pending in the House.

About the CHIPS Act:What the CHIPS Act could mean for domestic production of computer chips, Ohio factory

What we know about Intel factory coming to Columbus area (4)

What is a computer chip?

Chips areintegratedcircuits or small wafers ofsemiconductormaterial, usuallysilicon or germanium,embedded withintegratedcircuitry.

Chips formthe brains of every computing device, according tosemiconductor companyIntel,and are used inthousands of products, includingcars, cellphones, appliances, gaming consoles and medical devices.

Making just one chip takes at least three months, if not longer.

So it goes to reason that chip fabrication plants, or"fabs," are huge capital investments and boons to local economies.

What are computer chips?Why are semiconductors so important?

What we know about Intel factory coming to Columbus area (5)

What is Intel?

Intel is an American manufacturer of semiconductor computer circuits. The company's name comes from "integrated electronics."

Intel has about 110,600 employees worldwide,according to the company's most recent annual report. Intel employs more than 53,000 people at U.S.-based innovation hubs in Oregon, Arizona, California, New Mexico and Texas, according to a company factsheet.

About company building Ohio chip plant:Here's what you need to know about Intel

Why does the Intel project matter to Ohio?

While Ohio has been an manufacturing powerhouse, it doesn't have any factories that make chips that are crucial to the U.S. economy.

Intel's investment would be the biggest in state history.

How does the project compare to others in Ohio?

Here's a look at other projects around Ohio.

•Exercise equipment maker Peloton has said it will create 2,174 jobs as part of a$400 million facilityin Wood County south of Toledo to make bikes and treadmills starting in 2023.

• Steelmaker Cleveland-Cliffs invested $1 billion into its hot-briquetted iron facility in Toledo. That was completed in 2020 and sits on about 100 acres.

• Cleveland-based paint maker Sherwin Williams is building a 36-story headquarters tower on that city's Public Square.

• Biotech company Amgenbroke groundin late 2021ona $365 million pharmaceutical packaging facility near Beech Road and Route161in New Albany. It willemploy 400 and is located on 177 acres.

•American Nitrileisspending more than $100 millionto converta Grove City warehouse into a 527,000-square-footfacility to make latex-free gloves for healthcare and other workers.

• SK Food Groupannounced in Novemberthat it plans asecond Columbus-area food planton the Far West Side that will employ more than 300 workers.The Seattle-based company plans to lease a 144,000-square-foot building on Charter Street on the Far West Side for the operation.

• The Jackson Centertravel trailer maker Airstream,recently opened itslargest expansionin its history, triplingproduction space from 430,000 square feet to 1.05 million square feet.

• Chinese auto glass manufacturer Fuyao (pronounced Fwee-ow) in 2014 bought part of the shuttered GM assembly plant in Moraine, near Dayton. In January 2020,Fuyao said it would investanother $46 million and create 100 more jobs at its Moraine facility, bringingFuyao’s total investment in Ohio to $406 million and the number of jobs created to 2,400.

• Facebook announced in February 2020 that it wouldbuild its fourth and fifthdata centers in New Albany, bringing total investment in Ohio to more than$1 billion.

Why do Intel factories matter to the US?

Chipmakers have been eager to bring back production of the chips to the U.S. as a result of a global supply chain crunch during the pandemic.

Currently, 12% of the world's chips are made in the U.S., down from 37% in the 1990s, according to industry officials. About 80% are made in Asia.

Global supply-chain problems during the COVID-19 pandemic have led tomassive shortages of the chips, many of which are made overseas. This has createdlong delays for U.S. consumers to be able to buy everything from cars to appliances.

What we know about Intel factory coming to Columbus area (6)
What we know about Intel factory coming to Columbus area (2024)

References

Top Articles
Latest Posts
Article information

Author: Roderick King

Last Updated:

Views: 6676

Rating: 4 / 5 (51 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Roderick King

Birthday: 1997-10-09

Address: 3782 Madge Knoll, East Dudley, MA 63913

Phone: +2521695290067

Job: Customer Sales Coordinator

Hobby: Gunsmithing, Embroidery, Parkour, Kitesurfing, Rock climbing, Sand art, Beekeeping

Introduction: My name is Roderick King, I am a cute, splendid, excited, perfect, gentle, funny, vivacious person who loves writing and wants to share my knowledge and understanding with you.