Intel to expand US-based production with $20 billion Ohio plant

Intel is reportedly further expanding its domestic chip production capacity via an up to $20 billion investment in a new New Albany, Ohio plant. Located in the Greater Columbus area, the facility will employ 3,000 workers according to The Dispatch. A timeline is unknown, it depends in part on the CHIPS bill that is still being debated in Congress. This bill could provide incentives to Intel, to make US-based chip production more profitable. There is no word about the process node technology that is expected to be used by the new Ohio fab.

The site Intel intends to build on appears to be 3,190 acres that have recently been annexed from Jersey Township in western Licking County to the Columbus suburb of New Albany.

The area is bounded by the Franklin-Licking County line, Green Chapel Road, Mink Street and Jug Street.

The land would become part of the burgeoning New Albany International Business Park, where tech giants Google, Amazon and Facebook have data centers.