The project benefits from federal incentives under the CHIPS and Science Act, including grants and low-cost loans, as well as a 25% investment tax credit. Ohio state government is also providing substantial subsidies, including infrastructure improvements and income tax incentives based on the number of workers Intel hires.
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| Intel Ohio One concrete pour |
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As the largest single private-sector investment in Ohio history, the initial phase of the project is expected to create 3,000 Intel jobs, 7,000 construction jobs over the course of the build, and support tens of thousands of additional local long-term jobs across a broad ecosystem of suppliers and partners.
To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.
The under construction campus, dubbed as "Intel Ohio One", spans nearly 1,000 acres and consists of two state-of-the-art Factories. Construction work began in July 2022, with initial tasks focused on site preparation, including leveling the land and excavating utility trenches. The complex's foundation was poured after months of underground utility work. The project is on track, and the campus is expected to be completed between 2026 and 2027.
Intel plans to hire 3,000 individuals in New Albany and create around 7,000 construction positions during the development phase. Additionally, tens of thousands of job opportunities are expected through collaboration with suppliers and local businesses.
Ohio One will produce advanced semiconductors, contributing to the growing demand for cutting-edge chips worldwide.
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| Intel Ohio Fab rendering |
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| Intel Ohio Fab rendering |
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| Intel Ohio Fab rendering |
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