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