Gov. DeWine: 20,000 jobs, historical $20 billion investment coming to Ohio as part of Intel plants project

Published: Jan. 21, 2022 at 6:40 AM EST
Email This Link
Share on Pinterest
Share on LinkedIn

CLEVELAND, Ohio (WOIO) - Ohio Gov. Mike DeWine made a significant announcement on Friday regarding a “monumental” investment in Ohio.

According to DeWine, Intel Corporation has committed to investing in two future semiconductor manufacturing plants in Licking County.

Intel’s plan includes an investment of more than $20 billion to build two state-of-the-art factories to manufacture microchips in central Ohio by 2025.

It’s expected that the project will generate over 20,000 jobs for Ohioans, including direct Intel positions and construction opportunities.

There will be 3,000 of those jobs at the state-of-the-art factories which are said to have an average salary of $135,000.

Even though the facilities will be located in Licking County, the impact is expected to be felt statewide.

An estimated $2.8 billion is expected to be added to the state’s annual gross product, the governor’s office said.

“Intel’s new facilities will be transformative for our state, creating thousands of good-paying jobs in Ohio manufacturing strategically vital semiconductors, often called ‘chips,’” Gov. DeWine said.

“We are excited to call Ohio home to Intel’s first new manufacturing site in 40 years,” Intel CEO Pat Gelsinger said.

The project is the largest single private sector company investment in Ohio’s history.

“We expect Intel Ohio will become one of the largest semiconductor manufacturing sites in the world over the next decade,” Gelsinger added.

Copyright 2022 WOIO. All rights reserved.