Ohio governor touts Intel's $20B semiconductor investment's 'long-term impact' for the state

 

In January, Intel announced a new semiconductor manufacturing facility in Ohio, and Gov. Mike DeWine, R., told Fox News Digital the plant would have huge impacts for both the Ohio economy, and U.S. competitiveness broadly. 

Intel plans to build two new facilities in the state, injecting around $20 billion into Ohio’s economy. The manufacturing facility could become the largest of its kind in the world. 

"This is a big deal for Ohio, just by the numbers," DeWine said, adding that it would result in 7,000 construction jobs and 3,000 direct jobs. 

"We also think there’s going to be a huge economic spin-off from that, and that’s just phase one," DeWine said, noting Intel outlined four phases for the project, each with a similar investment into the state. 

OHIO GOV. DEWINE APPLAUDS INTEL FOR LARGEST-EVER SINGLE INVESTMENT IN STATE HISTORY

DeWine also predicted that several of Intel’s suppliers may move into the state, even onto Intel’s campus, further bolstering the economy.

"I think it sends a message that if any company is looking to move or to start a new plant, they’re going to have to look at Ohio, and that’s what we want, we want them to take a look at us, and we think we got a good product to sell."

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