ICYMI: President Biden joined Ohio dignitaries & Intel executives in suburban Columbus Friday to celebrate the groundbreaking of a $20 billion silicon chip factory and to tout the high-paying tech jobs that will be needed to staff the plant and suppliers.
NEW ALBANY, Ohio - President Joe Biden joined Ohio dignitaries and Intel executives in suburban Columbus on Friday to celebrate the groundbreaking of a $20 billion silicon chip factory and to tout the high-paying tech jobs that will be needed to staff the plant and suppliers throughout the state.
The Friday groundbreaking was the culmination of efforts across all levels of government and private industry to bring Intel’s facility to New Albany, an area just outside Columbus. The company is receiving billions of dollars in incentives to locate the plant in Ohio and will benefit from federal legislation passed this summer to entice companies to build chip plants in the U.S.
After that, Intel will sell the packages to companies that make personal computers, servers, mobile devices and other technology. In the future, the chips will be used in autonomous vehicles and other state-of-the-art equipment., Biden toured parts of the 1,000-acre site during his Friday visit and met with union building trades workers who are working on construction.
During the pandemic, when foreign factories shut down, America’s economy was affected. In fact, the semiconductor shortage is one of the reasons vehicles got expensive, he said.U.S. Sen. Rob Portman of Cincinnati said the Ohio plant will help narrow a “competitiveness gap that’s grown dangerously wide” between the U.S. and other countries that manufacture silicon chips. Ninety percent of chips are manufactured overseas, said U.S. Sen. Sherrod Brown, a Cleveland Democrat.
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