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Ohio Finalizes Its $600M Onshoring Incentive Grant Agreement With Intel

The Ohio Department of Development recently announced the $600 million onshoring grant agreement with Intel Corporation has been finalized. These funds will help offset costs associated with the construction of its semiconductor manufacturing campus in Licking County....


Ohio Gov. Announces Investments for Silicon Heartland Projects

Ohio Gov. Mike DeWine and the Ohio Department of Transportation (ODOT) on July 17 announced $90 million for transportation investments in the area surrounding Intel's future campus, known as the Silicon Heartland....


Intel Selects Bechtel for Phase I of New Albany Facilities

Bechtel on Nov. 28 announced it was selected by Intel to build the company's new semiconductor manufacturing facilities in New Albany, Licking County, Ohio. The fabrication facilities will further revitalize chipmaking in the United States and help restore dependability and resilience to the global semiconductor supply chain....


Intel to Build Computer Chip Factories Amid Global Shortage

Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in a wide variety of products, including phones, cars and video games. After years of heavy reliance on Asia for the production of computer chips, vulnerability to shortages of the crucial components was exposed in the United States and Europe as they began to emerge economically from the pandemic....


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