COLUMBUS — Governor Mike DeWine is lending his support to the expected announcement that the U.S. Department of Commerce is awarding a major CHIPS and Science grant to Intel.
“Intel’s commitment to building semiconductor chips in Ohio is adding tens of thousands of new direct and indirect jobs right here in Ohio – the heart of the Silicon Heartland,” DeWine said. “Today’s announcement is proof that the CHIPS Act is paying dividends for Ohioans.
“Semiconductor chips are the building blocks that power today’s economy, and it is imperative that we produce chips on American soil in order to strengthen our national security and help fuel economic growth.”
Intel is expected to receive up to $8.5 billion in direct grant funding from the U.S. Department of Commerce under the U.S. CHIPS and Science Act for its U.S. projects.
This includes billions coming to Ohio where Intel is investing more than $28 billion to construct two new leading-edge chip factories in New Albany and creating 3,000 full time jobs and 7,000+ construction jobs.
The DeWine-Husted administration was an early supporter of the bi-partisan CHIPS and Science Act of 2022, and worked with members of the Ohio delegation to encourage their support of the legislation which was critical to attract the semiconductor industry to locate in Ohio.
Congressman Troy Balderson (OH-12) also applauded the preliminary approval of $8.5 billion in funding from the CHIPS and Science Act for the development of four semiconductor projects across the United States, including Intel’s construction of two state-of-the-art chip manufacturing plants in Licking County.
As a result, thousands of jobs are coming to Ohio and millions of dollars are being invested in educational and workforce development programs in the state.
For Ohio workers and students looking to pursue a high-paying career in tech, they will no longer have to move to one of the coasts. Instead, opportunities will be found in their backyard.
“Two years ago, Intel unveiled their vision to make Ohio home to two of their brand-new, leading-edge chip factories,” Balderson said. “Their initial $20 billion commitment is the single largest capital investment in Ohio’s history, laying the groundwork for thousands of construction and manufacturing jobs right here in Licking County.
“This could not have happened without the State of Ohio’s commitment to the project.
“The recently announced CHIPS and Science Act funding is the next critical step for strengthening U.S. manufacturing leadership, protecting our national security, and boosting Ohio’s economic prosperity.
“The future is brighter for kids in Ohio today because of this investment.”
Intel is investing in several programs in Ohio for K-12 students to help support future workforce needs, including creating initiatives to boost youth engagement and education in critical fields like science, technology, engineering, and math (STEM).