COLUMBUS— Intel, a semiconductor company, plans to build a $20 billion manufacturing facility in New Albany, Ohio that will initially employ 3,000 workers and eventually will employ between 10,000-12,000 people.
State Senator Jay Hottinger
(R-Newark) today released the following statement on the announcement: “Central Ohio, specifically Licking County, has repeatedly been on the short list for mega deals. Intel’s announcement today is the latest in a long string of high-tech companies moving to Licking County as we transform our region into the Silicon Valley of the Midwest. Not only is this the largest economic development project in the history of the state, but the largest economic development project in North America.
Intel is a world-renowned company and their selection of our community will mean more domestic production of microchips right here in Ohio. In 1990, 40% of the world’s chips were manufactured in the United States but today it’s down to just 12%. The chip industry is incredibly important and touches every American’s life. Reshoring manufacturing in the United States, and here in Ohio, is of worldwide significance and interest.
Their initial investment here in a high-tech manufacturing facility illustrates, yet again, our area’s significant appeal to the world’s largest companies. It also demonstrates the effectiveness of many partners who have invested in our roads, water, services and technology that make our area so inviting.
Intel will have a long and sustained presence here and it will create considerable investments for the foreseeable future with 20,000 jobs created between the company, ancillary jobs and construction."
For more information, contact Senator Hottinger's office at (614) 466-5838 or Hottinger@OhioSenate.gov