Since we have discussion about this in a couple different threads, I figured I'd go ahead and create a thread specifically for this project. A project of this magnitude probably needs its own thread anyway. 

 

Here's a very informative article about Intel's plans. Credit to @mrCharliefor posting the article in another thread.

 

Here are some key points from the article:

 

• Intel informed the state and local officials in December that Ohio had been chosen over New York for this project.
• In anticipation of the project, New Albany is annexing 3,600 acres of unincorporated land in Licking County.
• Scope and timing for the project will be tied to federal legislation that would send billions of dollars of subsidies to domestic semiconductor producers.
  • The Senate passed the U.S. Innovation and Competition Act in a bipartisan vote last June, although the measure has stalled in the House.
  • Both Republican and Democratic officials in Ohio, including DeWine earlier this week, have called on Congress to approve the bill. President Joe Biden’s administration also has pressed the House to act.
• Factors in the company’s site-selection included proximity to a university. Ohio State University’s computer science and electrical engineering program last year entered the U.S. News and World Report’s Top 25 rankings.

 

Pat Gelsinger, Intel's CEO, did an interview with the Washington Post this past August. Here is the transcript of the interview. Below is the quote which seems to specifically lay out the scope of this project:

Quote

 

MR. GELSINGER: ...I've said earlier in the year, I want to build my next major mega-fab location and announce that in the U.S. before the end of the year, that that will be the most leading technology, the most refined and capable manufacturing capacity, all in the U.S., with U.S. intellectual property. This is just the right thing for us as a company and us as a nation.

 

MS. ZAKRZEWSKI: And what locations are you currently considering for that facility?

 

MR. GELSINGER: Yeah. We're looking broadly across the U.S. We're saying come one, come all for proposals. This would be a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade on the order of $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created as a result of those 10,000, by our experience. So, essentially, we want to build a little city.

We're engaging with a number of states across the United States today who are giving us proposals for site locations, energy, water, environmentals, near universities, skill capacity, and I expect to make an announcement about that location before the end of this year.

 

MS. ZAKRZEWSKI: Got it. And, yeah, it sounds a lot like Intel's version of the Amazon HQ2 contest in a lot of ways.

 

[Laughter]

 

MR. GELSINGER: A little bit so. You know, here, though, I think the aspects of--you know, as we've--you know, our sites in Oregon and in Arizona. We have large sites in Ireland and Israel as well. These become hubs for those entire communities, and we've seen in all of our locations, it brings suppliers. Other companies come into it. You know, university, community college, training programs, the need for schools, restaurants, et cetera, these are really just such spectacular projects, and if you go to those communities, it's been just entirely transformational for them. And that's what we want to do. We want to build that kind of capability to even expand even further on U.S. soil.

 

 

 

This is not only great for Columbus, but the whole state of Ohio.  This scale of project will have positive ripple effects throughout the state.  (bringing in talent, spin off industry, tech growth, etc).

 

This news is massive. 

 

 

Hopefully this does not turn into another Fox Conn. We have not heard what the state incentive package looks like yet.

2 minutes ago, ink said:

Hopefully this does not turn into another Fox Conn. We have not heard what the state incentive package looks like yet.

 

I share that concern, but my instinct is this is probably a lot more legit. Intel is an American company with a reputation to uphold, the products being produced are high-dollar, require skilled labor, and there is a very strong demand for this kind of facility to be built...somewhere. Per the article, the feds also intend to subsidize semiconductor production domestically for a number of reasons. The location also actually does make sense logically, and its not being presented by politicians as the savior that will bring high-paying jobs back some dying old industrial town. As hard as it is to believe, this does actually pass the smell test, at least for me.

 

As for incentives, I have no doubt the state has been "generous" to say the least. If the commitment and followthrough on this project really are as big as is being reported, this might be one of those rare times I'm actually okay with it. Something this big is going to stick around for a long time, and it's an industry with a strong future. (That said, I'd personally like to see and end to the race-to-the-bottom incentives that are so common everywhere.)

Apparently, Intel will make the official announcement on January 21.

 

"Several sources tell the Ohio Public Radio Statehouse News Bureau that Intel will build a $1 billion chip plant near New Albany, with an official announcement expected on January 21."

 

https://news.wosu.org/2022-01-14/billion-dollar-semiconductor-chip-factory-headed-for-new-albany

16 minutes ago, mrCharlie said:

 

I share that concern, but my instinct is this is probably a lot more legit. Intel is an American company with a reputation to uphold, the products being produced are high-dollar, require skilled labor, and there is a very strong demand for this kind of facility to be built...somewhere. Per the article, the feds also intend to subsidize semiconductor production domestically for a number of reasons. The location also actually does make sense logically, and its not being presented by politicians as the savior that will bring high-paying jobs back some dying old industrial town. As hard as it is to believe, this does actually pass the smell test, at least for me.

 

As for incentives, I have no doubt the state has been "generous" to say the least. If the commitment and followthrough on this project really are as big as is being reported, this might be one of those rare times I'm actually okay with it. Something this big is going to stick around for a long time, and it's an industry with a strong future. (That said, I'd personally like to see and end to the race-to-the-bottom incentives that are so common everywhere.)

Industries are so desperate for these chips right now too. It has probably never been easier to guarantee you'd get a full return on possibly up to $100 billion dollars in investment.

4 minutes ago, Luvcbus said:

"Several sources tell the Ohio Public Radio Statehouse News Bureau that Intel will build a $1 billion chip plant near New Albany, with an official announcement expected on January 21."

 

I'm assuming that would just be phase one of many phases, considering $1bn is nowhere near $100bn.

3 minutes ago, cbussoccer said:

 

I'm assuming that would just be phase one of many phases, considering $1bn is nowhere near $100bn.

I would not be surprised if the factory itself is a lot more than $1bn. The new OSU hospital expansion is almost $2bn and I have to imagine this facility will have an enormous footprint and be outfitted with the most state of the art (aka expensive) technology. All speculation, but what else am I going to do?!

This is over the top exciting! What a huge win for New Albany, Licking County, Central Ohio and the state of Ohio in general. Cannot wait to see this unfold. 

Absolutely wonderful news for Columbus and the state of Ohio! 

1 hour ago, MuRrAy HiLL said:

This is not only great for Columbus, but the whole state of Ohio.  This scale of project will have positive ripple effects throughout the state.  (bringing in talent, spin off industry, tech growth, etc).

 

This news is massive. 

 

 

As big as this is, if everything Intel is promising pans out, that’s what I’m most excited about: everything else it has potential to bring into the region. Hopefully it will spur more development in the Innovation District, for example. 

40 minutes ago, amped91 said:

As big as this is, if everything Intel is promising pans out, that’s what I’m most excited about: everything else it has potential to bring into the region. Hopefully it will spur more development in the Innovation District, for example. 

Hopefully it spurs some interest in better public transit also. 

41 minutes ago, amped91 said:

As big as this is, if everything Intel is promising pans out, that’s what I’m most excited about: everything else it has potential to bring into the region.

That's what makes this feel so different than most of these kinds of announcements - this region was doing just fine without something of this magnitude.

It's usually the ones who don't need the most it that get it. And without bending over backwards.

Edited January 14, 20223 yr by GCrites80s

this is big news -- 10k jobs plus spinoffs is great if that pans out. even if not it will be quite a lot of jobs.

 

interesting this news falls right in after suburban austin aka the southern columbus get a similar samsung plant.

 

i also see intel plans for two plants in arizona -- taiwan tsmc is building up a semi conductor plant out there as well -- and there is more:

 

https://www.npr.org/2021/11/24/1058770506/samsung-says-it-will-build-17b-chip-factory-in-texas

 

looks we wont be having auto chip shortages for long -- and nice to see ohio getting in on this!

The most important thing to ensure the success of this project is to go right out and recruit a second and a third company to build a semiconductor facility in the area. Build an ecosystem to build experience and so people don’t have to move their families across the country when changing jobs within this industry. 

New article from the Dispatch about this development. This one says $20bn and 3,000 jobs so we should probably take any numbers with a grain of salt right now.

 

https://www.dispatch.com/story/business/2022/01/14/factory-built-land-annexed-into-new-albany/6524507001/

Edited January 14, 20223 yr by TIm

It’s honestly good for the country in general. One of the only benefits of republicans becoming more nationalistic is it seems like both parties are now on the same page that they want things made in America. 

Thank you @cbussoccer for creating this thread.  The news was getting spread out among multiple threads and now that the news is getting confirmed it should get focused into its own thread.

 

For those who haven't been following this news in the general New Albany thread, I posted this a couple months ago.  It was a follow-up article about the groundbreaking of the $365 million Amgen pharmaceutical plant.  In it, officials hinted that there were going to be even bigger projects in the future.

 

This semiconductor plant location is part of a newer eastward expansion of New Albany's burgeoning business park, which now extends into Licking County.  This business park expansion is where the Amgen plant is being built, and where data centers for Amazon, Google and Facebook are locating.

 

On 11/13/2021 at 2:02 PM, Columbo said:

New Albany development has been known for its Georgian residential architecture and its white three-board horse fencing.  It has since broadened out into the more urban architecture with its village center development.  But one thing not associated with New Albany has been big business-type development.  That probably should change.

 

https://www.bizjournals.com/columbus/news/2021/11/08/amgen-ceo-new-albany-biotech-plant-could-expand.html

 

In the above linked article about the $365 million Amgen plant breaking ground was this paragraph:

 

"Landing giants such as Amgen up the road from data farms for Facebook, Google and Amazon, and in sight of an Amazon fulfillment center, validates the city's strategy to expand dramatically into Licking County over the last decade, New Albany Mayor Sloan Spalding said.  To date the industrial park has attracted $6 billion in capital development, 14 million square feet of facilities and 16,000 jobs.  "This small business park is no longer a well-kept secret," Spalding said in an interview."

 

The website for the New Albany Company, who controls much of the development in New Albany, shows the extent of their business park developments:  https://newalbanycompany.com/business/new-albany-business-park/

 

From left to right on the above map is the following:

• Hamilton Quarter, located in Columbus but on land controlled by the New Albany Company, which has the Big Lots corporate HQ offices.
• An older business park located north of the New Albany village center which includes offices for AEP, Aetna, Discover and Nationwide.
• And a newer eastward expansion of the business park which now extends into Licking County.  This newer business park is where the Amgen plant is being built, along with data centers for Amazon, Google and Facebook.

A larger version of the map is available at http://newalbanycompany.com/wp-content/uploads/2018/03/New-Albany-International-Business-Park.pdf

1 hour ago, TIm said:

New article from the Dispatch about this development. This one says $20bn and 3,000 jobs so we should probably take any numbers with a grain of salt right now.

 

https://www.dispatch.com/story/business/2022/01/14/factory-built-land-annexed-into-new-albany/6524507001/

 

I think that might be just for the beginning phase. Intel's CEO states this will be a decade long project and built out over numerous phases. Think of Dublin Bridge Park or the Scioto Peninsula on steroids. The first phases of those projects where nowhere near the final (or planned final) numbers.

Exciting stuff. Hopefully the New Albany International Business Park and the Ohio State Innovation District can do what the Research Triangle has done for Raleigh/Durham/Chapel Hill as far as elevating the metropolitan area on a truly national and global scale. RDU bats for above its weight in many aspects due to these institutions. As mentioned, Greater Columbus was already on its way there, but these 2 developments might get the region to that level. Really looking forward to watching this project grow and seeing the spinoff development that occurs.

And the Research Triangle has stolen a lot of people from Columbus.

Pretty funny, but if you go on the front page of the Newark Advocate website right now about 80% of the articles are related to this development. It was not like that this morning haha.

Edited January 14, 20223 yr by TIm

The fact that this plant is presumambly being located in Ohio and not New York is huuugge.  Great news for all Ohioans!

This article suggests this will ultimately be the site of Intel’s Mega Fab facility. 20bn investment and 10K jobs. The MegaFab is the main engineering training center for Intel. 
https://arstechnica.com/tech-policy/2022/01/intel-mega-fab-coming-to-ohio-reports-say/
 

 

 

And what is a MegaFab facility? Per Pat Gelsinger, the CEO:

 

“Beyond the Arizona investment, Gelsinger has said the company wants to create a mini-city that could be a total investment approaching $100 billion.

"We're looking broadly across the U.S. We're saying come one, come all for proposals. This would be a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade on the order of $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created as a result of those 10,000, by our experience. So, essentially, we want to build a little city," he told The Washington Post last August.”

 

https://news.yahoo.com/ohio-chip-factory-heres-know-181442461.html

One thing that may have helped Columbus vs. various other cities is its extremely high college graduation rate.

It seemed like it was going to be inevitable that someone from outside Central Ohio would go over the line with a blatantly ignorant post that bashed Columbus.  Congratulations @Rando Sinclair you were the winner.  You have been given one day off as your prize.

 

And that will be the prize for any other non-Central Ohio posters who similarly tries to bash Columbus and/or Central Ohio in this, or any other Central Ohio thread in the future:

 

First Offense:  One day off

Second Offense:  One week off

Third Offense:  One month off

 

And if any non-Central Ohio poster thinks that is a harsh punishment, I am willing to mete out the same penalty to any Central Ohio poster who does the same thing in your posts about your city(!)

 

With that said, this thread is now unlocked.

To add onto your first point, this isn't the only "big thing" happening in Columbus right now either. There are a number of other developments which are predicted to create tons and tons of jobs, mostly in STEM related fields. We have the new hospital at OSU and the OSU west campus expansion which I believe together are predicted to create another 10,000 jobs. They will absolutely be attracting people from all over the country in a variety of different fields to these jobs as well as there being a huge opportunity for Ohioans to take these jobs as well.

 

My company is fully remote but based in Ohio. We have hired more than one out of state employee since making that switch too remote permanent sometime in 2020. But if you live in Ohio and have applicable experience, even if on paper it may not be as good as the other candidates, you will at least get an interview, especially if you live in Columbus. We basically always interview people living in Ohio and I imagine other Ohio companies do similar things. Certainly doesn't guarantee anyone a job, but it is a tiny leg up on those applying from out of state.

Intel semiconductor plant would transform Central Ohio economy

 

Intel Corp.'s reported plan to build a multibillion-dollar plant in New Albany would again transform Central Ohio's economy – on the scale of Honda choosing Marysville four decades ago or Rickenbacker International Airport emerging as a major logistics hub for Eastern North America, an economist projects.

 

For example, the proportion of the region's workforce in transportation was 25% lower than the national average in 1990, before decades of promotion and investment such as expanding the intermodal train facility on the south side of Columbus, said Bill LaFayette, owner of Columbus consulting firm Regionomics LLC. Today it's double the average.

 

"That was creating an industry out of whole cloth, and I think this might wind up being the same thing," LaFayette told Business First.

 

More below:

https://www.bizjournals.com/columbus/news/2022/01/19/economist-reported-intel-plant-transform-economy.html

 

If the number of jobs and spin-off jobs comes to fruition the snowball effects across the region will be huge. Housing construction, transportation upgrades, healthcare planning (northeast Franklin county may need it's own hospital) will all be cranked up on top of what's already happening. Will Columbus rival Austin in growth? In my pipe dream commuter rail will run from Downtown-Airport-Easton-New Albany-Intel. The 20-30 story Easton residential towers might be constructed. I'm a design professional and I can't help but think we will get even busier. 

2 hours ago, Pablo said:

If the number of jobs and spin-off jobs comes to fruition the snowball effects across the region will be huge. Housing construction, transportation upgrades, healthcare planning (northeast Franklin county may need it's own hospital) will all be cranked up on top of what's already happening. Will Columbus rival Austin in growth? In my pipe dream commuter rail will run from Downtown-Airport-Easton-New Albany-Intel. The 20-30 story Easton residential towers might be constructed. I'm a design professional and I can't help but think we will get even busier. 

Oh the contractors, home builders, landscapers, plumbers, electricians etc etc must be salivating right now. It's basically guaranteed business for the next 10+ years with all the spinoff developments this will create along with everything that was already in the works.

 

I know Licking Memorial has been doing everything they can to establish a major presence on the western edge of Licking County over the years from some people I know who are involved in those type of administrative activities at LMH. Their entire long term plan was to build up a significant presence right on the county line so other hospitals and health care systems can't encroach on their territory. 

 

Also thank you to whoever capitalized the words in the tile of this thread, that was really bugging me but I didn't want to call out our OP after they were kind enough to make the thread!

I think it was mentioned that Intel will possibly make the formal public announcement tomorrow on this site/investment.  Think we will get solid confirmation tomorrow?

3 minutes ago, Gnoraa said:

I think it was mentioned that Intel will possibly make the formal public announcement tomorrow on this site/investment.  Think we will get solid confirmation tomorrow?

I think so. In the meantime, New Albany is getting prepared:

 

New Albany OKs $10M for improvements near proposed computer chip factory site

 

“New Albany officials took the next step Tuesday toward bringing a tech giant to central Ohio.

 

New Albany City Council approved spending millions of dollars to improve its business campus, just days after word leaked of plans for a massive computer chip factory would be coming to Licking County.

 

For the first time, Mayor Sloan Spalding spoke out on what’s next.

 

“Certainly a project of this size, no matter who the end-user is, is going to have a big impact on our region,” Spalding said during a council meeting Tuesday.

 

Council approved $10 million in economic development funds at the meeting.

 

While details surrounding the project were vague from council, most of the funds will be used to build water and sewer lines and repair roads, all near the planned site for a proposed massive computer chip factory.”

 

https://www.nbc4i.com/news/local-news/new-albany/new-albany-oks-10m-for-improvements-near-proposed-computer-chip-factory-site/

2 hours ago, Gnoraa said:

I think it was mentioned that Intel will possibly make the formal public announcement tomorrow on this site/investment.  Think we will get solid confirmation tomorrow?

So, I'm not the only one that has been repeatedly refreshing this page for new news?  Good.

Ohio leaders schedule Friday event in Newark for likely chip plant announcement

Quote

An announcement has been set for Friday for what could be the release of details about Intel's plan to build a $20 billion semiconductor plant in Licking County.

The state won't say what the invitation-only event in Newark is about, but The Dispatch has reported that the semiconductor giant has picked a site in Jersey Township for what would be the state's biggest economic development prize.

Local, state and federal politicians along with officials from JobsOhio, the state's economic development arm, are among those expected to attend.

https://www.dispatch.com/story/business/2022/01/20/dispatch-intel-plans-massive-semiconductor-chip-plant-ohio/6570955001/ 

So excited for Columbus and Central Ohio on this one.  I just received an email not long ago:

 

"Please join the Northeast Ohio Region for a viewing party of a momentous economic development announcement for the state of Ohio.  We’ll be simulcasting the announcement from Ohio Governor Mike DeWine and Lt. Governor Jon Husted along with JobsOhio on Friday, January 21 at 2:30 pm."

 

Do we have any details one what the state is actually offering them in terms of incentives?  I imagine they'll be significant.  

 

I also wonder if tomorrow's announcement will include whether this project is the $100+ billion "mini city" talked about by the CEO.  That part hasn't been confirmed yet.

Edited January 20, 20223 yr by jonoh81

It's going to be like Mad Max and the Fury Road in this thread every time some news gets announced. Who will be the first to post it?!

6 minutes ago, jonoh81 said:

Do we have any details one what the state is actually offering them in terms of incentives?  I imagine they'll be significant.  

 

I also wonder if tomorrow's announcement will include whether this project is the $100+ billion "mini city" talked about by the CEO.  That part hasn't been confirmed yet.

Seems like state officials are slow playing the public records request:

 

 

27 minutes ago, TH3BUDDHA said:

Seems like state officials are slow playing the public records request:

 

 

Technically they have 30 days to respond to any of those requests so they are completely within their rights to not yet provide those documents if they were only requested earlier this month. And "slow walking" really isn't the right term to use here. More like waiting until the end of their response period aka what they do normally in just about every government organization. Snail speed is the only speed.

 

I'm a former government employee and that was standard practice for document requests. Currently do a lot of contract working helping people through government regulations and I get responses to things on day 29 routinely. Las Vegas in particular can suck it, they were the absolute worst about that and would wait 30 days to answer simple questions!

Edited January 20, 20223 yr by TIm

6 hours ago, TIm said:

It's going to be like Mad Max and the Fury Road in this thread every time some news gets announced. Who will be the first to post it?!

 

This will be like Mad Max Fury Road?  We can only hope so(!) 🔥

 

I don’t want to change the subject...but this is also AWESOME for the city of Newark. Many of you know how much I post in the “Newark Development Thread” about all of the positive news and momentum going on in the city.  For this incredible moment...the biggest economic moment in history for the state of Ohio...for the announcement to be made in Newark is absolutely amazing.  Makes me feel incredibly proud to live in Newark. It may seem completely irrelevant to some, but I think it points to the future for the city. The fact that a company like Intel chose to announce a story of this magnitude in Newark.  Can’t wait for tomorrow!!!!  

Edited January 21, 20223 yr by OhioFinest

https://time.com/6140476/intel-building-factory-ohio/

 

^^ Renderings and a bunch of new details

6 minutes ago, Mogilny89 said:

https://time.com/6140476/intel-building-factory-ohio/

 

^^ Renderings and a bunch of new details

So it sounds like it could potentially be the mini city the CEO was talking about. Hopefully it all goes well and they eventually build the 8 other ones.

2 hours ago, Mogilny89 said:

https://time.com/6140476/intel-building-factory-ohio/

 

^^ Renderings and a bunch of new details

I like this quote…

 

“Our expectation is that this becomes the largest silicon manufacturing location on the planet,” Intel CEO Pat Gelsinger told TIME; the company has the option to eventually expand to 2,000 acres and up to eight fabs. “We helped to establish the Silicon Valley,” he said. “Now we’re going to do the Silicon Heartland.”

Think we will see a huge uptick in housing proposals in and around New Albany/ Gahanna/ Blacklick/ the city in general because of this or will that take some time?

33 minutes ago, 614love said:

Think we will see a huge uptick in housing proposals in and around New Albany/ Gahanna/ Blacklick/ the city in general because of this or will that take some time?

Yeah, more suburban sprawl. I’m glad Intel is coming here but the growth will be more of the same. It’s not a blue collar factory, and with the salaries listed in the Time article it looks like Columbus suburbs will grow more.  

1 hour ago, 614love said:

Think we will see a huge uptick in housing proposals in and around New Albany/ Gahanna/ Blacklick/ the city in general because of this or will that take some time?

This announcement is being made in the city of Newark today...i think that is very symbolic.  Yes, those areas will have some growth for sure, but i think this is way more about the explosion that is about to happen in Licking County.  Think about what Chase did for Delaware county.  This could be 3x as big for Licking County.  I think something of this magnitude is going to have more of an impact on Newark/Johnstown/Pataskala/Granville!!!  These communities could see significant growth over the next decade because of this development. 

Edited January 21, 20223 yr by OhioFinest