Intel's Massive $28B ""Ohio One"" Mega-Fab - A Potential Semiconductor Powerhouse

Event information

### Project Overview - Intel investing at least $28 billion in ""Ohio One"" semiconductor factory (""mega fab"") in New Albany, Ohio - Potential for up to $100 billion investment if fully built out with 8 fabs total - Massive 1000-acre site, with current construction on first two fabs ### Construction Details - Groundbreaking occurred in 2022 - Current site preparation and foundation work underway - 1/4 mile long cleanroom space planned - Requiring 6 million gallons of water per day initially - Superload deliveries of massive equipment over weeks via river and road ### Economic Impact - Expected to create 7,000 unionized construction jobs - 3,000 permanent Intel jobs once operational - Significant state and federal incentives: - $600 million in Ohio grants - $500 million for infrastructure - $300 million for water recycling plant - $650 million in Ohio tax breaks - $150 million for employee training - 30 years of no local property taxes on buildings - $19.5 billion in federal loans/grants from CHIPS Act ### Timeline - First fab expected to open by at least 2027, potentially later - $380 million cost for single lithography machine - Cleanroom tools ranging from minivan to tennis court size - 43 shipping containers to deliver one key machine Additional information on <Source>