May 25, 2022

X-Wheelz

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Intel to build computer chip fabs in Licking County Ohio

Ohio has landed what could become the biggest semiconductor operation on Earth.

Chip giant Intel plans to officially announce Friday that it will invest $20 billion to build two computer chip plants in Jersey Township in Licking County in what will be Ohio’s largest economic development project to date. State and local officials are set to gather in Newark this afternoon to celebrate the news.

Intel and Ohio:Here’s how Ohio won a bid by Intel to build the world’s largest chip factory

The factories, called fabs, will employ 3,000 workers at an average salary of $135,000 per year. On top of that, the project is expected to create 7,000 construction jobs and 10,000 indirect jobs. And that’s just the start.

Even bigger is what the project promises to bring with it: new clout for Ohio as a dominant player when it comes to economic development.