Innovating & Investing in Ohio
INTEL | COLUMBUS
What is happening just northeast of the city?
Ohio is on the rise as Intel decided to invest more than $20 billion in construction for its new site. The company will build two new factories establishing a new epicenter for chipmaking. This venture will “boost production to meet the surging demand for advance semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as a part of the company’s IDM 2.0 strategy.”
Intel has created excitement around the announcement with the label, Intel in Ohio: You Were Built For This. The landmark investment is outside the city of Columbus in New Albany, Ohio.
The Intel Development has Started
On September 9, 2022 Intel broke ground with a large audience. Moving forward, this means Intel will start its building process on the new manufacturing chip site.
In an article from The Verge, Rep. Tim Ryan, Ohio candidate for US Senate, said, “today we broke ground on a future that every Ohioan can be proud of. This multi-billion-dollar investment is a culmination of an unprecedented collaboration between federal, state, and private sector leaders that will transform Ohio’s economy and provide future generations an opportunity to build a stable middle-class life right here at home.”
What does a semiconductor chip manufacturer do?
From Hitachi, it states, “a semiconductor chip is an electric circuit with many components such as transistors and wiring formed on a semiconductor wafer. An electronic device comprising numerous these components is called ‘integrated circuit (IC)’. The layout of the components is patterned on a photomask (reticle) by computer and projected onto a semiconductor wafer in the manufacturing processes described below.”
Intel has a reputation for creating microprocessors set up in majority of personal computers. “Intel’s microprocessors are supplied and used in computers at several large tech companies, including Dell, HP, and Lenovo. Intel also manufactures graphics chips, flash memory, motherboard chipsets, and other computing devices.”
Development Timeline
Articles in the news discussing the Intel development project.
Mentions in the News
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Certain news links may require site registration or subscription to access the complete article.
News from New Albany
Intel Company Updates
Colliers | Columbus Connection
We recognize that this development offers new opportunities for clients.
Below is a map showing the current activity in the New Albany area. You can use the interactive key to toggle between various property types and building status. Clicking on each point within the map will also provide additional information.
Interactive map is best viewed on Desktop.
Colliers | Columbus recognizes the impact Intel coming to New Albany will have on the community, our clients and the economy of the greater Columbus area. If Chandler, AZ is any case study for Ohio, statistics show Intel's new development will be a large impact offering growth and transformation opportunities. Colliers is dedicated to its clients and that includes providing information on changes in the heart of Ohio.