It now more than two years since Intel Corporation announced, the $20 billion Ohio One Chip plant, in Central Ohio. This investment is the largest ever made by a company in Ohio’s history.
What’s happening with Intel’s $20 billion Ohio One chip plant? Is the project still on track or derailed?
So much has taken place since that time. Here is updates on the Intel’s $20 Billion Ohio One chip plant project.
Ohio One Chip Plant Project overview
Intel announced on January 21, 2022, that they have chosen the New Albany International Business Parks in Licking County as the site for their chip manufacturing project. This project was to involve the construction of two factories and was estimated to cost over $20B.
Opening dates for the two Intel factories
The opening dates, for the two Intel factories are set for 2025 although a specific date has not been announced yet.
Read also: US$ 20bn Intel semiconductor project breaks ground in Ohio
When did construction start on Ohio One Chip Plant?
In July of 2022 the initial construction work began on Ohio One chip plant, which involved preparing the site for utility connections. A ground-breaking ceremony was held in September of that year and it had the honor of President Joe Biden’s presence.
What happened in first year?
In its first year, Intel primarily concentrated on getting the site ready. This involved tasks, like leveling the land and excavating utility trenches. And in total, around 1.7 million cubic yards of earth, aggregate, lime, and other materials were moved by excavators.
Construction on the complex began to progress as workers started pouring concrete in May. The initial foundation pour, which covered an area of 2.5 million square feet came after months of underground utility work.
To commemorate the year since the Intel announcement of the Ohio plant, the company unveiled a set of visuals depicting the envisioned appearance of the campus upon completion. They also revealed the name of this project; Ohio One.
Read also: Intel Delays its $20 Billion Ohio One Project by at Least a Year
How many job opportunities will Intel’s Ohio One Chip plant create?
Intel plans to hire about 3,000 individuals, in New Albany while also creating around 7,000 construction positions during the development phase. Moreover, the company anticipates that this project will result in tens of thousands of job opportunities through suppliers collaborating with Intel and other businesses providing housing, amenities, and various services to support its workforce.
Read also: TSMC to build and operate US $12bn semiconductor Fab in Arizona, US
What will Intel Produce in its Ohio One chip plant?
Intel plans to manufacture advanced semiconductor chips at its established facility. These chips play a role, in electronic devices enabling advancements across a wide range of technologies, including data centers and smartwatches.
New Albany will manufacture chips, for both manufacturers and Intel’s brands as part of their updated strategy. These factories in Licking County mark the facilities of this kind, in the United States in four decades.
Intel is also enlarging its facilities, in Arizona and New Mexico as part of their strategy to bring back microchip production to the United States and decrease dependency, on chips manufactured in overseas facilities.
Read also: Amkor plans to build $2B semiconductor packaging and testing facility in Peoria, AZ
Potential Challenges
The Intel’s Ohio One Chip plant project could potentially present challenges as Central Ohio deals with a housing crisis. Additionally, there are concerns, among residents regarding the effects of the site and schools are preparing for significant growth in enrolment.
The Johnstown Monroe district, which has 1,700 students aims to limit enrolment to 4,600. Is already making preparations, for the future replacement of its high school.
Other Developments
Last week Columbus State Community College introduced a program focused on semiconductors aiming to provide expedited education, in industry-relevant skills.
Support for Intel’s Ohio One chip plant
To support the Ohio One project significant infrastructure investments have been necessary, due to its location. The city of New Albany took the initiative in 2023 by constructing over 10 miles of roads.
Read also: New York teams up with IBM, Micron for $10B semiconductor facility at Albany University
