August 3, 20222 yr Hmm, keeping it vague I see 🧐 Also, President Biden has signed the Chips Act into law, and Intel doesn’t expect to see money from it until next year. Intel, suppliers meet in New Albany “A few dozen Intel suppliers met with company officials along with state and local leaders Tuesday in New Albany. Intel expects to begin producing semiconductors in 2025 and will need suppliers to be located nearby. Intel didn't identify which companies were at the meeting. When Intel announced its project back in January, it identified four suppliers – Air Products of Allentown, Pennsylvania, and Applied Materials, LAM Research and Ultra Clean Technology, all based in California – that have indicated plans to establish a physical presence in the region to support the build-out of the site, with more companies expected in the future. Land has been set aside at the site in New Albany for suppliers. "(We're) working to build the best computer chip supply chain in the world right here in Ohio," Lt. Gov. Jon Husted said he told those in attendance.” https://www.dispatch.com/story/business/2022/08/03/biden-signs-chips-act-into-law-providing-incentives-chip-makers/10199882002/
August 4, 20222 yr Ohio State joins 11 Midwest institutions to launch semiconductor-focused network "The Ohio State University will partner with colleges and universities in Ohio, Michigan and Indiana to form the Midwest Regional Network to Address National Needs in Semiconductor and Microelectronics. The network will collaboratively develop innovative solutions in higher education to best support the onshoring of the advanced semiconductor and microelectronics industry and address the industries’ research and workforce needs. Global disruptions that sparked significant shortages underscored the need for substantial investment and growth in the domestic semiconductor industry so the U.S. can remain competitive," said Ohio State President Kristina M. Johnson. "This powerhouse network of research and academic excellence will fuel transformative scientific exploration and economic development while also preparing the workforce of the future. Through this collective approach we will maximize the potential of our individual institutions and make our Silicon Heartland vision a reality." The network was formed following a two-day workshop in April hosted by Ohio State. It is a recognition of the recent decision by Intel Corporation to build new, leading-edge chip factories in Ohio and to address the broader, national efforts to promote U.S. leadership in semiconductors and microelectronics. "This multibillion-dollar investment in the Midwest presents an incredible opportunity for our partner colleges and universities," said Grace Wang, Ohio State’s executive vice president for research, innovation and knowledge. "We face global competition for talent to stay at the leading edge for research and development. Only through collaboration can we truly realize the promise this opportunity affords us." https://news.osu.edu/ohio-state-joins-11-midwest-institutions-to-launch-semiconductor-focused-network/
August 9, 20222 yr On 8/3/2022 at 8:35 AM, amped91 said: Hmm, keeping it vague I see 🧐 Also, President Biden has signed the Chips Act into law, and Intel doesn’t expect to see money from it until next year. Intel, suppliers meet in New Albany “A few dozen Intel suppliers met with company officials along with state and local leaders Tuesday in New Albany. Intel expects to begin producing semiconductors in 2025 and will need suppliers to be located nearby. Intel didn't identify which companies were at the meeting. When Intel announced its project back in January, it identified four suppliers – Air Products of Allentown, Pennsylvania, and Applied Materials, LAM Research and Ultra Clean Technology, all based in California – that have indicated plans to establish a physical presence in the region to support the build-out of the site, with more companies expected in the future. Land has been set aside at the site in New Albany for suppliers. "(We're) working to build the best computer chip supply chain in the world right here in Ohio," Lt. Gov. Jon Husted said he told those in attendance.” https://www.dispatch.com/story/business/2022/08/03/biden-signs-chips-act-into-law-providing-incentives-chip-makers/10199882002/ Originally, this Dispatch article said the bill was signed in Michigan last week. Which I thought was odd. It was actually signed into law today.
August 9, 20222 yr the site prep movement is going incredibly fast -- great pix that is really quite a sight!
August 9, 20222 yr What Joe Biden said about Intel’s Central Ohio plans as he signed CHIPS Act into law President Joe Biden was joined at the White House Tuesday by several Columbus-area officials as he signed into law the CHIPS and Science Act, which Intel has said is the key to maximizing its future development in New Albany. During Tuesday's event, Biden described Intel’s New Albany site as a “field of dreams on 1,000 acres outside of Columbus, Ohio, where America’s future will be built.” The company plans to invest $20 billion in a pair of semiconductor fabrication plants in the Columbus suburb. “Today is a day for builders,” Biden said. “Today, America is delivery. I honest to God believe that 50, 75, 100 years from now there are people who will look back on this week and know that we met this moment (with) a once in a generation investment in America itself.” More below: https://www.bizjournals.com/columbus/news/2022/08/09/joe-biden-chips-act-intel.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
August 9, 20222 yr 29 minutes ago, mrnyc said: the site prep movement is going incredibly fast -- great pix that is really quite a sight! Things are really moving along nicely out there now! We went out again yesterday and there was probably at least 50 of these big boys all over the property:
August 9, 20222 yr I guess people would rather buy a farm tractor with a pan attachment than an actual pan these days? Or is the area low on pans with all the development going on at once?
August 14, 20222 yr Ohio senators impressed with Intel after Israel trip "State senators visited Intel Corporation facilities in Israel on an Ohio Senate delegation and left the Middle East with a greater appreciation of both Intel and Israel. "I felt real good about Intel before my visit here and it just reinforced that it’s going to be great for Licking County and Ohio," Hottinger said Thursday from Jerusalem. "Intel was really the first of the tech companies to come here, and now that’s what Israel is known for," he said. Since 1974, Intel has grown from five employees to 12,000 in Israel. There are 7,000 in development and 5,000 in manufacturing. Not only does Intel attract suppliers and other companies, it also attracts housing. “Their first location in Israel, they built houses and people wanted to be right across from their fabs, and it was the same thing in Arizona, wherever there is Intel, they create an economy around it.” Hottinger said there will be 30 to 40 Intel suppliers coming to Ohio, and there are already conversations with 15 of them to come to central Ohio. Intel is a good neighbor, providing scholarships and partnering with schools. “Being that great corporate citizen, they do this across the world, there’s always going to be naysayers and skeptics, but they’re phenomenally great corporate neighbors.” https://www.newarkadvocate.com/story/news/2022/08/14/ohio-senators-impressed-with-intel-after-israel-trip/65401475007/
August 14, 20222 yr 1 hour ago, Luvcbus said: Ohio senators impressed with Intel after Israel trip "State senators visited Intel Corporation facilities in Israel on an Ohio Senate delegation and left the Middle East with a greater appreciation of both Intel and Israel. "I felt real good about Intel before my visit here and it just reinforced that it’s going to be great for Licking County and Ohio," Hottinger said Thursday from Jerusalem. "Intel was really the first of the tech companies to come here, and now that’s what Israel is known for," he said. Since 1974, Intel has grown from five employees to 12,000 in Israel. There are 7,000 in development and 5,000 in manufacturing. Not only does Intel attract suppliers and other companies, it also attracts housing. “Their first location in Israel, they built houses and people wanted to be right across from their fabs, and it was the same thing in Arizona, wherever there is Intel, they create an economy around it.” Hottinger said there will be 30 to 40 Intel suppliers coming to Ohio, and there are already conversations with 15 of them to come to central Ohio. Intel is a good neighbor, providing scholarships and partnering with schools. “Being that great corporate citizen, they do this across the world, there’s always going to be naysayers and skeptics, but they’re phenomenally great corporate neighbors.” https://www.newarkadvocate.com/story/news/2022/08/14/ohio-senators-impressed-with-intel-after-israel-trip/65401475007/ Glad the suppliers will be spread around Ohio, always good to see.
August 15, 20222 yr Have they announced the new date for the groundbreaking ceremony? Just came across this on Politico: Biden will head to Ohio to attend the groundbreaking of the new Intel megaplant outside Columbus, a facility made possible by enactment of the recent “Chips and Science” semiconductor bill. https://www.politico.com/newsletters/playbook/2022/08/15/inside-the-white-houses-plan-to-sell-itself-00051779 They say it will be pre-Labor Day, but didn’t give a specific date.
August 15, 20222 yr interesting... i haven't seen any specific dates yet. we're leaving to head out to the site right now... I'm acquaintances with one of the security guards out at the site so I'll see if he has any info (but he probably won't lol)
August 15, 20222 yr Work continues on building and widening streets and sidewalks leading to the site: Crews are also putting up street signs along some of the new routes now too: And here's a few new ones from the site itself. (Again, this is as close as i could get.) These probably won't do the amount of activity that's going on at the site justice, but i snapped a few nonetheless. The amount of activity on site now is insane! If you haven't had a chance to go out by the site recently, I highly recommend checking it out next time you have a little extra time!
August 19, 20222 yr The last house in the Miller Rd area of the Intel site is finally gone. Interestingly, it's the only one that survived...
August 19, 20222 yr 38 minutes ago, CbusOrBust said: The last house in the Miller Rd area of the Intel site is finally gone. Interestingly, it's the only one that survived... Expert negotiation on the part of that homeowner. You can have my land for your giant factory, but I want to keep my house.
August 22, 20222 yr Wanted: 7,000 construction workers for Intel chip plants "Ohio’s largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers in an already booming building environment when there’s also a national shortage of people working in the trades. “This project reverberated nationwide,” said Michael Engbert, an Ohio-based official with the Laborers’ International Union of North America. Construction is expected to accelerate following Congress’ approval last month of a package boosting the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals. For the central Ohio project, all 7,000 workers aren’t required right away. They’re also only a portion of what will be needed as the Intel project transforms hundreds of acres northeast of Columbus. Federal data shows about 45,000 home and commercial construction workers in central Ohio. That number increased by 1,800 from May 2021 to May 2022, meaning a future deficit given current and future demands. “I don’t know of a single commercial construction company that’s not hiring,” said Mary Tebeau, executive director of the Builders Exchange of Central Ohio, a construction industry trade association. Shortage or not, work is underway at and near the Intel site, where parades of trucks rumbled down country roads on a recent August morning as the beeping of multiple construction vehicles sounded in the distance. It was just another day for pipe layer Taylor Purdy, who made his regular 30-minute drive from Bangs, Ohio, to his construction job helping widen a road running alongside the Intel plant. Purdy, 28, spends his days in trenches helping position storm and sanitary sewers and waterlines. Overtime is plentiful as deadlines approach. The Intel construction work is in its earliest phases as earthmovers reshape the 1,000 acres (400 hectares) of former farm and residential land being transformed into an industrial site." https://www.pbs.org/newshour/economy/ohio-searching-for-7000-construction-workers-to-build-intel-chip-plants
August 23, 20222 yr I also liked these excerpts showcasing all the other major projects in Columbus: "Labor leaders and state officials acknowledge there’s not currently a pool of 7,000 extra workers in central Ohio, where other current projects include a 28-story Hilton near downtown Columbus, a $2 billion addition to The Ohio State University’s medical center, and a $365 million Amgen biomanufacturing plant not far from the Intel plant." "And that’s not counting at least three new Google and Amazon data centers, plans for a new $200 million municipal courthouse south of downtown Columbus and solar array projects that could require nearly 6,000 construction jobs by themselves." Also a nod to our rapidly growing population BEFORE the Intel announcement.....anyone think the 3M+ metro projection bumps up to an earlier year??? I have a feeling we are going to see quiet a boost in housing construction, which is hard to imagine considering all the construction all over you already see... "Central Ohio is expected to reach 3 million residents by 2050, a rate that would require 11,000 to 14,000 housing units a year. That was before Intel was announced, said Jennifer Noll, the Mid-Ohio Regional Planning Commission’s associate director for community development. Meanwhile, the closest the region came to hitting that goal was in 2020 with 11,000 units."
August 23, 20222 yr 29 minutes ago, Gnoraa said: I also liked these excerpts showcasing all the other major projects in Columbus: "Labor leaders and state officials acknowledge there’s not currently a pool of 7,000 extra workers in central Ohio, where other current projects include a 28-story Hilton near downtown Columbus, a $2 billion addition to The Ohio State University’s medical center, and a $365 million Amgen biomanufacturing plant not far from the Intel plant." "And that’s not counting at least three new Google and Amazon data centers, plans for a new $200 million municipal courthouse south of downtown Columbus and solar array projects that could require nearly 6,000 construction jobs by themselves." Also a nod to our rapidly growing population BEFORE the Intel announcement.....anyone think the 3M+ metro projection bumps up to an earlier year??? I have a feeling we are going to see quiet a boost in housing construction, which is hard to imagine considering all the construction all over you already see... "Central Ohio is expected to reach 3 million residents by 2050, a rate that would require 11,000 to 14,000 housing units a year. That was before Intel was announced, said Jennifer Noll, the Mid-Ohio Regional Planning Commission’s associate director for community development. Meanwhile, the closest the region came to hitting that goal was in 2020 with 11,000 units." I was already thinking we’d hit 3 million a year or two before 2050. With Intel and all their friends coming to town, I’m going to guess it’s closer to 2045. And I’m glad to see the new county court house mentioned in the article too. I’m hoping we at least see some plans for that this year.
August 23, 20222 yr I said it in the Reddit post on this article, but I’ll share here also. With the average income of $135,000, that they are saying this will bring. Whoever is in charge of the hiring needs to start showing the buying power of that amount of money in central Ohio and the surrounding areas. Even with the housing cost rising in the area, that is still a lot of money and can purchase a house easily.
August 23, 20222 yr On 8/18/2022 at 10:14 PM, 17thState said: Expert negotiation on the part of that homeowner. You can have my land for your giant factory, but I want to keep my house. When Rickenbacker expanded crash zones in the 90s three of the houses got moved. One got moved 5 miles away.
August 24, 20222 yr On 7/29/2022 at 3:54 PM, Kriegs said: https://semianalysis.com/intel-cuts-fab-buildout-by-4b-to-pay-billions-in-dividends-first-net-loss-in-over-30-years-cutting-fab-buildouts-but-committed-to-growing-the-dividend/ Not sure if anyone has heard the news yet, but Intel reported horrendous earnings last night. As a result, they’re cutting $4b from their fab buildout plan to boost dividends. This news has made me question if they’ll actually finish 2 fabs let alone 8-10. Very turbulent times ahead at Intel… Sounds like Intel is finding the capital… Intel signs a $30B partnership deal to help fund its new fabs “Intel Corp. on Tuesday announced what it called a "first-of-its-kind" partnership to help fund its ambitious factory expansion plans. The Santa Clara semiconductor giant has entered a $30 billion partnership with Brookfield Asset Management Inc. Under the deal, Intel will retain control over the two new fabs it's building in Chandler, Arizona. But Brookfield will help pay for them, and will share in the revenue that comes from them. Intel is also planning to spend up to $100 billion each on new facilities it plans in Ohio and Germany. It hopes to replicate the co-investment model it is using in Arizona with other partners for its other factories, it said. The Brookfield deal is expected to provide a $15 billion cumulative benefit to Intel's adjusted free cash flow and to add to its earnings per share during the construction and ramp phase, the chipmaker said.” https://www.bizjournals.com/columbus/news/2022/08/24/intel-strikes-30b-factory-partnership.html
August 24, 20222 yr On 8/23/2022 at 9:39 AM, Gnoraa said: I also liked these excerpts showcasing all the other major projects in Columbus: "Labor leaders and state officials acknowledge there’s not currently a pool of 7,000 extra workers in central Ohio, where other current projects include a 28-story Hilton near downtown Columbus, a $2 billion addition to The Ohio State University’s medical center, and a $365 million Amgen biomanufacturing plant not far from the Intel plant." "And that’s not counting at least three new Google and Amazon data centers, plans for a new $200 million municipal courthouse south of downtown Columbus and solar array projects that could require nearly 6,000 construction jobs by themselves." Also a nod to our rapidly growing population BEFORE the Intel announcement.....anyone think the 3M+ metro projection bumps up to an earlier year??? I have a feeling we are going to see quiet a boost in housing construction, which is hard to imagine considering all the construction all over you already see... "Central Ohio is expected to reach 3 million residents by 2050, a rate that would require 11,000 to 14,000 housing units a year. That was before Intel was announced, said Jennifer Noll, the Mid-Ohio Regional Planning Commission’s associate director for community development. Meanwhile, the closest the region came to hitting that goal was in 2020 with 11,000 units." They left out Merchant Tower and the 30 story thing for the Scioto Peninsula! lol. We need more than 7,000. And where is the housing!!!!
August 25, 20222 yr Little past Labor Day, but still very soon. Biden coming to Ohio to break ground on Intel project on Sept. 9 “President Biden is coming to Licking County on Sept. 9 to break ground on Intel's $20 billion project in Licking County, the White House said Thursday. "The President will deliver remarks on rebuilding American manufacturing through the CHIPS and Science Act and the Bipartisan Infrastructure Law at the groundbreaking of the new Intel semiconductor manufacturing facility," a White House advisory said.” https://www.dispatch.com/story/business/2022/08/25/biden-to-travel-to-ohio-to-break-ground-on-intel-project-sept-9/65420502007/
August 26, 20222 yr Here's a recent aerial image, from August 17th, of the New Albany business park and Intel site in the upper right. This gives you a good idea of the amount of dirt being moved out here. Source: https://www.neighborhoodstrategies.co/insights/intel-ohio-aerial-image Edited August 26, 20222 yr by Airsup
August 26, 20222 yr 1 hour ago, aderwent said: Annotated a bit: Should've added Nature Made vitamins new plant too since the site is in this screenshot: Pharmavite plans to invest $200 million to build a 200,000-square-foot to 250,000-square-foot manufacturing and bottling facility at 13312 Jug Street Road NW, after buying the land and receiving required permits. Edited August 26, 20222 yr by Luvcbus
August 29, 20222 yr Got a couple quick ones from near Intel today... Some of the roadwork leading to the site looks close to being finished
August 30, 20222 yr https://www.newarkadvocate.com/story/news/2022/08/30/hottinger-intel-to-build-five-fabs-suppliers-scout-central-ohio-sites/65459434007/ Ohio State Senator Jay Hottinger said that with the passage of the CHIPS Act, that Intel will now be building at least 5 FABS instead of 2. The article also mentions that there are up to 40 suppliers associated with Intel...15 of which, will be located in Central Ohio...at a minimum. This is going to be absolutely surreal to watch unfold.
August 30, 20222 yr On 8/18/2022 at 9:34 PM, CbusOrBust said: The last house in the Miller Rd area of the Intel site is finally gone. Interestingly, it's the only one that survived... I believe that is the home of one of the Heimrl family members who sold the giant piece of land that Intel will be sitting on. Say hello to some of Ohio's newest multi-millionaires. Intel land: The property that house is moving from: Edited August 30, 20222 yr by Airsup
August 30, 20222 yr 2 hours ago, OhioFinest said: https://www.newarkadvocate.com/story/news/2022/08/30/hottinger-intel-to-build-five-fabs-suppliers-scout-central-ohio-sites/65459434007/ Ohio State Senator Jay Hottinger said that with the passage of the CHIPS Act, that Intel will now be building at least 5 FABS instead of 2. The article also mentions that there are up to 40 suppliers associated with Intel...15 of which, will be located in Central Ohio...at a minimum. This is going to be absolutely surreal to watch unfold. I know they said before they might eventually go up to ten. Is this more like confirmation that five will absolutely be built quickly(and that others might follow eventually?). Either way it is great news. That should mean around 7,500 hundred people working for five fabs. And that would be about 50 billion in investment? Good news.
August 30, 20222 yr 2 hours ago, Toddguy said: I know they said before they might eventually go up to ten. Is this more like confirmation that five will absolutely be built quickly(and that others might follow eventually?). Either way it is great news. That should mean around 7,500 hundred people working for five fabs. And that would be about 50 billion in investment? Good news. Yes, the initial investment will now go from 2 FABS to now 5 FABS. I think the full build out is still projected to be up to 10 FABS over time. This is what i took from the article. The indirect jobs from suppliers is what is really going to be fascinating to keep an eye on. Who those are and where are they locating? With direct Intel jobs, indirect supplier jobs, construction jobs and retail jobs that follow...this feels like it could be in the 50-75k jobs range when all is said and done. Possibly more? Cant wait!!
August 30, 20222 yr 1 hour ago, OhioFinest said: Yes, the initial investment will now go from 2 FABS to now 5 FABS. I think the full build out is still projected to be up to 10 FABS over time. This is what i took from the article. The indirect jobs from suppliers is what is really going to be fascinating to keep an eye on. Who those are and where are they locating? With direct Intel jobs, indirect supplier jobs, construction jobs and retail jobs that follow...this feels like it could be in the 50-75k jobs range when all is said and done. Possibly more? Cant wait!! Yeah with at least 15 of the 40 businesses in central Ohio, it’s going to be nuts.
August 30, 20222 yr U.S. Semiconductor Renaissance: All the Upcoming Fabs Cool article detailing all the recent fab activity in the US. There's a section on Columbus that begins: "Intel is building two fabs in Ohio that are yet to be named, but their significance for Intel and the U.S. chip industry is hard to overestimate."
August 31, 20222 yr 8 hours ago, 17thState said: U.S. Semiconductor Renaissance: All the Upcoming Fabs Cool article detailing all the recent fab activity in the US. There's a section on Columbus that begins: "Intel is building two fabs in Ohio that are yet to be named, but their significance for Intel and the U.S. chip industry is hard to overestimate." They need to update that to five fabs 😉
August 31, 20222 yr 19 hours ago, OhioFinest said: https://www.newarkadvocate.com/story/news/2022/08/30/hottinger-intel-to-build-five-fabs-suppliers-scout-central-ohio-sites/65459434007/ Ohio State Senator Jay Hottinger said that with the passage of the CHIPS Act, that Intel will now be building at least 5 FABS instead of 2. The article also mentions that there are up to 40 suppliers associated with Intel...15 of which, will be located in Central Ohio...at a minimum. This is going to be absolutely surreal to watch unfold. I thought this part was crazy: ”Congressman Troy Balderson, R- Zanesville, said two suppliers recently told him they will come to central Ohio and employ about 1,000 each.” ~2000 jobs from two suppliers, with a potential for 40 suppliers. Plus all of the support roles (healthcare, police, restaurants, etc) to serve the influx of people. This really is going to be transformational for the whole state, I think.
August 31, 20222 yr I think the first supplier/support business we heard about was that company which is going to clean all the PPE for Intel and also Boeing. They already have a sign up next to my clients factory in the Heath industrial park. They also appear to be building at least one if not two more facilities on that same street and I have to imagine there is a good chance whatever those buildings end up being will be support for Intel in some capacity.
August 31, 20222 yr I'm not sure where Hottinger got 5 fabs - everything Intel has talked about in in even numbers. Just yesterday an Intel spokesperson mentioned 2, maybe 4 fabs expanding to 8. Here's an article about EPA permitting for the fabs: Quote “Our permit is actually for four factories, but right now we’re focused on the first two that we announced in January,” Qian said. “Adding four factories to the permit does give us the flexibility to move faster. Now, the [New Albany] site does have the capability to hold eight factories, and so we would need to go through the permit process again if we were to expand to the full eight.” https://www.nbc4i.com/intel-in-ohio/how-to-weigh-in-on-air-pollution-limits-for-intels-ohio-plant/
August 31, 20222 yr 11 minutes ago, Pablo said: I'm not sure where Hottinger got 5 fabs - everything Intel has talked about in in even numbers. Just yesterday an Intel spokesperson mentioned 2, maybe 4 fabs expanding to 8. Here's an article about EPA permitting for the fabs: https://www.nbc4i.com/intel-in-ohio/how-to-weigh-in-on-air-pollution-limits-for-intels-ohio-plant/ Hottinger also said the five fans would make us the largest chip manufacturer, which I don’t believe that is correct either. I’m pretty sure Arizona will have six once construction is done there. Pretty irresponsible journalism from that reporter for offering zero caveats if the five number is made up.
August 31, 20222 yr 2 hours ago, amped91 said: Hottinger also said the five fans would make us the largest chip manufacturer, which I don’t believe that is correct either. I’m pretty sure Arizona will have six once construction is done there. Pretty irresponsible journalism from that reporter for offering zero caveats if the five number is made up. It's interesting because we keep hearing "as many as eight fabs", but I saw an interview with CEO Pat Gilsinger and he said each fab costs $10 billion. (That's why we kept hearing an "initial investment of 2 fabs costing $20 billion")... I specifically saw him say the way we would get to the $100 billion dollar investment mark would be ten fabs (10 @ $10B each) but it seems most articles still say "as many as 8 fabs totaling $100 billion". Edited August 31, 20222 yr by Luvcbus
September 2, 20222 yr On 8/31/2022 at 12:56 PM, Luvcbus said: It's interesting because we keep hearing "as many as eight fabs", but I saw an interview with CEO Pat Gilsinger and he said each fab costs $10 billion. (That's why we kept hearing an "initial investment of 2 fabs costing $20 billion")... I specifically saw him say the way we would get to the $100 billion dollar investment mark would be ten fabs (10 @ $10B each) but it seems most articles still say "as many as 8 fabs totaling $100 billion". inflation
September 2, 20222 yr On 8/31/2022 at 12:56 PM, Luvcbus said: It's interesting because we keep hearing "as many as eight fabs", but I saw an interview with CEO Pat Gilsinger and he said each fab costs $10 billion. (That's why we kept hearing an "initial investment of 2 fabs costing $20 billion")... I specifically saw him say the way we would get to the $100 billion dollar investment mark would be ten fabs (10 @ $10B each) but it seems most articles still say "as many as 8 fabs totaling $100 billion". I'll take 8 fabs for 100 billion dollars, Alex.(I don't know who is currently replacing him-I won't watch it now). 8 will be fine, I think. It sounds like a nice number. Plus everything that will come with them. In fact I think we need another company producing the same things to locate here, just to compete with Intel lol. Do economies of scale apply? Do they cluster like fast food outlets lol.
September 2, 20222 yr Not directly related to Intel, but I bet Intel's presence partially influenced this. https://www.dispatch.com/story/business/2022/09/02/another-major-data-center-headed-for-new-albany/65467957007/
September 2, 20222 yr 2 hours ago, Toddguy said: I'll take 8 fabs for 100 billion dollars, Alex.(I don't know who is currently replacing him-I won't watch it now). 8 will be fine, I think. It sounds like a nice number. Plus everything that will come with them. In fact I think we need another company producing the same things to locate here, just to compete with Intel lol. Do economies of scale apply? Do they cluster like fast food outlets lol. I wasn't clamoring for ten fabs, per se. I was just reiterating what Intel CEO Pat Gilsinger has said, that ten fabs at $10B each is how we would get to the $100B mark... Btw- your current take seems a little toned down compared to the end of May when you said: "Yeah! No way do I want to sacrifice a half million square foot office building. I am greedy about this-I want as much as we can possibly get and pray daily for that Chips Act to get passed lol. I am Veruca Salt regarding this-I want it all!!!! Every. Damn. Bit. we can get, I want it. I want 8, 10, whatever fabs and everything that goes along with them. 12,000 workers plus in those fabs and thousands upon thousands of more good jobs and all of the other development that goes along with it." Lol
September 2, 20222 yr 1 hour ago, Luvcbus said: I wasn't clamoring for ten fabs, per se. I was just reiterating what Intel CEO Pat Gilsinger has said, that ten fabs at $10B each is how we would get to the $100B mark... Btw- your current take seems a little toned down compared to the end of May when you said: "Yeah! No way do I want to sacrifice a half million square foot office building. I am greedy about this-I want as much as we can possibly get and pray daily for that Chips Act to get passed lol. I am Veruca Salt regarding this-I want it all!!!! Every. Damn. Bit. we can get, I want it. I want 8, 10, whatever fabs and everything that goes along with them. 12,000 workers plus in those fabs and thousands upon thousands of more good jobs and all of the other development that goes along with it." Lol I still feel the same way as I did then!-I am just trying to...well..."contain myself' lol. Do I want ten rather than eight? hell yeah lol. I also stated that not only do I want anything possible from Intel, I want their competition to locate here as well! That is still pretty greedy I think haha. And yeah, I know you were just explaining things and not making some definitive statement, I guess we know we are getting at least two, and we will just have to see what happens... *Let that area just EXPLODE with jobs, fabs, data centers, ancillary services, housing, traffic, etc. etc.-I live 35-40 miles or so from there-it won't bother me lol. It is for the good of Central Ohio so residents in that area should look at it that way. If they don't want growth, they can move to certain other parts of Ohio(not going to call out any particular stagnant area though).
September 3, 20222 yr Investors Scooping up Residential Properties Near Central Ohio’s Future Intel Site "Available housing in the vicinity of Intel Corp.’s future development south of Johnstown and northeast of New Albany is scarce, and demand is already growing, three years before Intel’s manufacturing facility is expected to be operational. Some local real estate agents say they are fielding calls from current Intel employees and investors from California, Oregon and Arizona who are seeking homes right now. Some of the company’s employees and outside-of-Ohio real estate investors are not waiting around either. "It’s crazy, we’ve never had this before,” says Jane Kessler Lennox of New Albany Realty. “There are a lot of people out there who saw what happened in Silicon Valley and know what kind of investment Intel is putting into Columbus.” While most developers are reluctant to share details of projects in the area, the Pulte Group has a 200-lot site in Johnstown, and D.R. Horton is proposing a 302-home subdivision just outside of Heath, which is about 25 miles east of New Albany. "Infrastructure is going to drive a lot of the development out there. At the end of the day it will be interesting to see how we handle the housing stock because a lot of companies will be making announcements in the coming weeks about coming here.” https://www.columbusmonthly.com/story/lifestyle/home-garden/home-decor/2022/09/02/residential-real-estate-boom-near-intel-site-new-albany-johnstown-ohio/65469261007/
September 3, 20222 yr 3 hours ago, Luvcbus said: Investors Scooping up Residential Properties Near Central Ohio’s Future Intel Site "Available housing in the vicinity of Intel Corp.’s future development south of Johnstown and northeast of New Albany is scarce, and demand is already growing, three years before Intel’s manufacturing facility is expected to be operational. Some local real estate agents say they are fielding calls from current Intel employees and investors from California, Oregon and Arizona who are seeking homes right now. Some of the company’s employees and outside-of-Ohio real estate investors are not waiting around either. "It’s crazy, we’ve never had this before,” says Jane Kessler Lennox of New Albany Realty. “There are a lot of people out there who saw what happened in Silicon Valley and know what kind of investment Intel is putting into Columbus.” While most developers are reluctant to share details of projects in the area, the Pulte Group has a 200-lot site in Johnstown, and D.R. Horton is proposing a 302-home subdivision just outside of Heath, which is about 25 miles east of New Albany. "Infrastructure is going to drive a lot of the development out there. At the end of the day it will be interesting to see how we handle the housing stock because a lot of companies will be making announcements in the coming weeks about coming here.” https://www.columbusmonthly.com/story/lifestyle/home-garden/home-decor/2022/09/02/residential-real-estate-boom-near-intel-site-new-albany-johnstown-ohio/65469261007/ It's going to be an absolute clusterf**k of unregulated, low-density sprawl.
September 4, 20222 yr 2005's Greatest Hits brought to you by K-Tel Probably close to the fabs there will be drive-to urbanism but as you get further away things will change.
September 5, 20222 yr The Harrison Rd extension, now dubbed Haul Rd, is now open for construction traffic traveling from Jug St to the Intel site. Since most of the construction workers were home today for the holiday, we decided to see how far down it we could get. We were able to get just past where Miller Rd used to hit Clover Valley Rd before we got to a security guard post. Looks like they've started bringing in office trailers to the site now. There was maybe ten of them with plenty of room for more. This is along Haul Rd just across from where the first two fabs will be built:
September 6, 20222 yr The final permit needed before Intel can begin vertical construction in Central Ohio should be issued soon... "The one week public comment window for residents to weigh in on the Ohio Environmental Protection Agency's air-pollution-control permits at the Intel microchip procession plants in the New Albany International Business Park closes tomorrow (9/6/2022)." "If approved, the permit would allow the installation of a semiconductor manufacturing facility including four fabrication clean rooms (fabs), 28 boilers, four nitrogen vaporizers, 46 emergency generators, one emergency fire pump, six storage silos, 125 cooling towers and roadways and parking areas." https://epa.ohio.gov/about/media-center/events/public-meeting-Intel-Ohio-air-pti https://www.nbc4i.com/intel-in-ohio/how-to-weigh-in-on-air-pollution-limits-for-intels-ohio-plant/
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