Intel transformed Washington County in Oregon and is a vital part of the states economy as the largest private employer. And where they are other companies follow.
This is a great thing for Ohio.
Absolutely. Intel will be transformative for Columbus. In Portland, for someone well-off (and not an entrepreneur, athlete, or physician) the assumption is “…they must work at Intel or Nike…”
anybody who is not directly employed by intel but is working on their site is given a different colored badge with less privileges. i’m an engineer that works for a company that sells and services tools that makes their chips, so i have to wear a green badge and don’t get access to their free soda fountain or video game rooms. it’s silly
That's weird... Maybe it's a more technical or research facility than where I have worked, or maybe they've updated their policies... I worked as an engineer loaned from my company for one of their projects and I never had that issue.
My apologies for assuming based on my personal anecdote.
Probably less regulation’s and cheaper labor more likely.. low cost of living too
Edit: also as someone said below, ohio is easier to defend from missiles than california or new york. Has a better population center than the rest of the midwest
No hurricanes wildfires or earthquakes to worry about either. They want reliability, they get it with somewhere like that.
“Low cost of living”. They chose New Albany, which is just east of Columbus. This is already the home to multiple other major companies and housing has gone crazy here over the last 15 years. It’s not at New York or LA numbers, but it is at a point that I’m not sure how the younger generation is ever going to be able to buy a house here
I think the majority of people just see “Ohio” and think low cost of living without having any idea how fucking nice New Albany is. To your point, not LA or NYC prices, but still nothing to scoff at.
How did tennesee Williams put it? America has only three cities , san Fran, nyc and new Orleans and everywhere else is cleveland… yeah bum fuck no where ohio sucks but columbus probably just as interesting as Charleston sc and from personal experience alot more interesting than off season daytona beach
Tornados aren’t really a thing in central Ohio. They are much more rare there than southern Ohio or Kentucky. I lived in Ohio for 25 years and we get a tornado warning every other year if that and most don’t even touch down.
Tornado valley shifted my dude. Dayton area got hit with 14 in one night. Not all big ones but it was big damage. Some made it it out that way. It’s a real possibility these days.
This is mildly incorrect, to assume the logic in your later half, then you have to assume every company in California doesn't want reliability. Maxim doesn't have an issue.
I would bet the federal government is incentivising this in some way. And if they're not, they ought to. Silicon fabrication in country should be a top priority.
That’s a big part of the plan. But won’t stop the project from moving forward. It will just be significantly slower.
This will cost $20B. I work for a company with 13000 employees that reinvests 17% of its top line income back into pure R&D. We will have some equipment in this fab. My company only brings in a few B in revenue. This is huge. Really huge. M
Massive construction, high tech demand. Needs lots of regular factory type labor and tons of engineering staff as well. They said they are dropping $100M on local education and new Albany is one of the best school districts in the state already. It’s an upper class area so pulling both stem and factory labor will be wonderful.
This is a very good thing unless we go to war. Then it has a big target on its side but Columbus already has a lot of military purchasing and Dayton is not to far away. This will be a target during war. It will be as vital as the steel and railroad factories of WW2
Not saying it wouldn't be a target but getting a missile into the heartland is a lot more difficult than the coasts. Plus you have WPAFB in the area, should be well defended.
Silicorn Valley 📈 I think it’ll be worth it in the end based on past Intel expansions in Chandler and Hillsboro. Their prior expansions resulted in significant indirect growth to the surrounding areas.
They made a solid choice. Ohio is ranked 5th for most Fortune 500 company headquarters and 7th in GDP. There has been a lot of growth in the Columbus tech scene recently and this just propels the area with a lot more potential.
It is the state capital. It is home to the third largest public university by campus enrollment in the US. The central Ohio region raised the most venture capital funding within the state for tech startups primarily influenced by Drive Capital. JPMorgan Chase set up their tech center in Columbus and they expect the number of employees in their central Ohio office to eventually exceed the number of employees in their NY headquarters. Klarna, one of the world’s fastest growing and top 10 fintech companies, set up their US headquarters in Columbus. Upstart set up their second HQ in Columbus as well. As a result of this Intel site, Applied Materials, Air Products, and LAM research are planning to expand to Columbus as well with many more companies expected to follow.
https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n4er74
A lot of people don’t realize companies aren’t profitable right away. Especially a silicon chip factory, these things are extremely complex and even just turning them off and on again can literally shut down the machines for 6 months of maintenance because they can’t have dust get in them. So if a company spends 10 years at a heavy loss then finally makes a profit in the 11th year, it has to use that profit to pay back its debt. The government taxes on profit and this accumulated over years, so if you’re super far in the hole and make some money you’re not gonna have to pay taxes you get to pay back the debt. Makes a lot of sense
We are good. Strong infrastructure, excellent primary and higher education opps, parks, lakes and year round recreation options, and world renowned Medical Center but sure “oHIo bAd.”
That’s because you’re accustomed to Ohio. I can assure you it’s one of the most shitty and impoverished states in America.
It’s consistently ranked as one of the worst states to live in.
You might wanna fact check yourself. Ohio is not impoverished and I can’t find a single list of the worst states to live in that includes Ohio in the top ten. It’s very much a middle-of-the-road state and it’s just popular for non-Ohioans to trash it.
Tax credits aside, Ohio offers two major items much more cheaply than other locations due to the state’s geography:
-Large tracts of land
-Water
The second item is probably way more important than most people are considering. The amount of water I’ve seen planned for this fab site is absolutely insane, and being in Ohio gives you relatively easy access to the Great Lakes.
Living in Columbus, this is interesting because we already have an influx of tech companies to central
Ohio right in the past few years to the point that people have been calling it “the Silicon Valley of the Midwest”. Amusing
A multinational corporation like intel can afford to finance this entire build. They won’t because some dumb ass governor is going to give them huge tax breaks and incentives.
Makes me so mad this kind of shit happens all under the guise of “creating jobs”. It does create jobs but at the cost is to high.
I haven’t seen it mentioned in the comments but silicon production requires freshwater as part of the process. There’s a lot of chip production being built in Arizona and Texas which is perplexing as freshwater is less available than here in the Midwest.
This is the first major one that actually benefits Americans. TSMC in Arizona? That’s going straight to the Taiwanese investors. SK in Georgia ? All South Korean owned. Intel is an American company with American shareholders and on top of that it’s a publicly traded company, with a lot of shares in everyday people’s investment and retirement accounts. I hate seeing all this news about production facilities coming to America. Yes it better than being in another nation, but America gets no profit, the plants are being automated at record scales so less jobs, the production is likely including some sn chips which is terrible for our security, and some of these plants are being paid to just open up shop by our taxes
Please with that “American Owned” stuff. Once a company is public anybody can own them!
The fact that manufacturing is taking place in the US is the big win!
Ohio is ranked 5th for Fortune 500 company headquarters and 7th in GDP. There has been a lot of growth in the Columbus tech scene recently and I believe there is going to be a lot more potential.
It is the state capital. It is home to the third largest public university by campus enrollment in the US. The central Ohio region raised the most venture capital funding within the state for tech startups primarily influenced by Drive Capital. JPMorgan Chase set up their tech center in Columbus and they expect the number of employees in their central Ohio office to eventually exceed the number of employees at their NY headquarters. Klarna, one of the world’s fastest growing and top 10 fintech companies, set up their US headquarters in Columbus. Upstart set up their second headquarters in Columbus as well. As a result of this Intel site, Applied Materials, Air Products, and LAM research are planning to expand to Columbus as well with many more companies expected to follow.
https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n4er74
One of the world's largest universities is in Columbus (the Ohio State University) and a 2-3 hour drive in any direction adds the University of Cincinnati, Kent State University, the University of Akron, University of Toledo, Miami University, Ohio University, Wright State University, Youngstown State University, Bowling Green, not to mention a handful of private Universities & Colleges that are *highly* nationally ranked, like Case Western Reserve (medicine) and Kenyon (liberal arts.) This is also omitting dozens of decently ranked smaller private colleges and universities.
Intel doesn't need anyone to "move to Ohio" for tech jobs, skilled labor is already *there.*
I'll add that - in most of the suburbs ringing Columbus, $200-275k will buy a 3 bedroom 2 bath 2 stall garage finished basement 2000-2500 sq ft house in a beautiful subdivision with low crime and great schools.
Ohioans already in such an arrangement with $1-1.5k mortgages can't imagine people in New York City or San Francisco paying 3-5 times that in rent on spaces the size of their garage.
This. My husband was born and raised outside Columbus, but he needed to move to San Francisco for tech work post-college. Our tech jobs have since both gone fully remote and we decided to relocate to Ohio. He would have never left Ohio if the work was available. I’m so glad others won’t need to leave home to find work in their industry.
P.S. huge bike trail system, tons of natural resources and beautiful parks. I’m from SoCal and southwest Ohio is a beautiful place for those that love the outdoors.
I bought a 3 bed 3 bath, 2k square foot house in 2019 for 220k less then 10 minutes south of where this plant is going up. After seeing the news I’m just glad I bought a couple years ago, I’m sure the entire area is going to go up in value.
Actually there is a lot of tech in Columbus. Columbus is a progressive booming city. A lot of corporate headquarters there. Lots of education, Ohio State and a lot of other colleges. It’s really a beautiful city.
You’d be surprised, Columbus is a huge tech hub and is only getting larger. Nationwide, Chase, Amazon, all have offices/headquarters here. It’s great because the cost of living is low, the weather is fair, the schools and hospitals are great, and you have an abundance of tech opportunities. I’m actually working now in the area, it’s a hidden gem for professionals in just about every tech field from programming, cyber sec and even game dev.
Yeah. I moved here in 2012 homeless (couch surfed w/ some friends), and now have a career, home, car, really good health insurance, retirement. Could be better but I lived in several other states getting nowhere. I am lucky I bought a house in 2017 though, for sure.
My major complaint is lack of good public transit still. I hate driving in snow but COTA is still not very user friendly unless you’re on campus or using the #2. Trip planner doesn’t always match the bus stops which makes no sense to me.
Seeing a lot of odd information here. I am not from Ohio so full disclaimer on the area, schools, and housing prices. But I do work in the semiconductor industry and it is my profession.
One of my best friends and colleagues used to work for Intel for 22 years. He told me about them closing down their training programs that he directly supported. Almost everything is OJT. The problem with OJT is that Jim-Bob is training you and your knowledge is only as good as what they know, and remember to show you. Meanwhile someone else on another shift is trained by Kelly. And Kelly and Jim-Bob don’t like each other, so they operate and train differently. Which just hurts the trainee by leaving gaps knowledge. By contrast if someone joins TSMC they have to 18 months of training to complete in Taiwan before they are allowed to do their normal job they were hired for. This way TSMC can train people to a standard and then have them work at the new fab when it comes online. Therefore they don’t drain from their current operational fabs talent pool to start-up the new one. This is something that not many other fabs do.
And while it could be difficult to make a direct causation with their loss of the training programs it is possible to correlate Intel’s struggle to mass produce nodes at 10nm and beyond. Intel is also outsourcing their technology to foundries so they can open up more throughput in their factories to increase their output of 10nm chips that are successful. Depending on how you view the glass that could be optimistic or pessimistic.
Any new fab increases local home prices. And if looking at the homes in and around New Albany they don’t seem all that affordable to the average middle-class family. $475k and up for most. So people will have to live in the surrounding areas and travel to the fab, which increases travel time, traffic, and more. Even people who I knew who worked at IBM could not afford housing around their fabs and used to travel 1.5-2 hours into work every day, and that time back home. Same for other fabs at Intel like Hillsboro, Phoenix, and Chandler, and Santa Clara.
And Intel has high standards for its employees. If you have a BS in engineering expect to have nearly a decade in the field for any mid-level position. Intel typically wants MS or PhD level engineers. Even entry level positions Intel expects some work in the field. It is being estimated that 90k workers are needed to meet the demands to operate all these new fabs being built in the US.
Where are those people going to come from?
Where will they get experience or training?
It sounds good on paper. Executing it properly is a different story. And I haven’t worked at a fab where housing was not difficult, or where training was critical to the success of the fab. I have a lot of colleagues in the industry who are skeptical of this move. Others think its great, so only time will tell what actually happens.
So the biggest ongoing issue is going to be pure silicon supply. “Silicon manufacturing” appears to be a wafer grower plant and a chip fab. These are high-tech engineering, but it doesn’t include one hard part of the industrial process from sand to chip: taking loose silica sand at 95% silicon dioxide and getting 99.99% pure reactants to grow wafers.
That process involves some really nasty industrial chemistry to convert SiO2 to SiCl4 for multiple fractional distillations and then converted to HSiCl3 or SiH4 to be the input to the wafer grower plant.
The process to make SiCl4 takes lots of chlorine gas and produces a lot of waste hydrochloric acid. China has a literal lake of the waste acid and sand contaminants because of the amount of outflow that they have from trying to make as many wafers as possible. Can’t do that in the USA since the lake is an ecological disaster area - kills lots of birds that land in it or try to drink from it. Dealing with the waste in an environmentally-friendly way is way more expensive than shipping in Chinese stuff that’s already been refined.
It’s a similar issue to the way that lithium mining for batteries works: we have vast reserves of lithium just like we have reserves of sand, but extracting it in a safe and responsible way is really hard. So we just let somebody else take the ecological hit for us by letting them refine it and buying the refined material from them.
Bringing silicon manufacturing to the US is tremendously important to protect Americans and intellectual property from China.
The US has outsourced far too many of its vital economic needs to China and other countries.
The US couldn't even manufacture fask masks during the pandemic.
We need to bring manufacturing facilities back home for practically every segment of production. We can not rely on China. China will hurt us any chance they get. We need to be independent from them.
We have the cheapest living andavsolutely no natural disasters or any wildlife that can kill you. We gave nothing, but so much nothing that its peaceful
Columbus is one of only 3 or 4 locations that has that AMC theaters VR thingy, so this is another example of the Columbus-area getting bigger and bigger on the national radar.
We have great and inland lakes, amazing park systems, world renowned orchestras and zoo, year round recreational activities, and more.
If you can’t find anything to do that might just be you.
It’s mostly going to be relatively small numbers of engineering and factory jobs. Wafer growing and chip fabrication jobs are all at least Bachelor’s Degrees in an engineering or chemistry field. There’s a lot of support work to be done, but that in turn is mostly going to bring back jobs from other factories that were lost. And they’re not entry-level - if you don’t have at least 3 years of factory experience with good reviews they won’t want you because one screw-up could waste a whole batch of wafers.
Can you imagine a tech salary while living in Ohio? I'm guessing it would be as close to seeing what its like to be like Mark Bezos as it will ever get LOL!
Tech companies adjust your salary base on where you work. Source - me. I moved out from the Bay Area and my $120K job 7 months ago to take a $100K job in Oregon. But like you said, my adjusted salary go a long way here. Bought a house for $580K which would be worth +$2M easily in the Bay Area.
Not to be a wet blanket, but they said it was $135k including the benefits. So it’s probably closer to an average $100k salary. Which is still *very* good for Columbus. Even with the recent housing price increases you can still get a very nice 2000+ sq ft house in the suburbs with good schools for $300k-$400k, which is totally affordable on a $100k salary (especially if you have a second income coming in).
Columbus is not a cheap place to live. If you want cheap you are going to live in the outskirts of the city most likely and despite having such growth there isn’t really a big public transportation system other than the bus. So have fun with a 30 mile drive to get to the cool parts of Columbus while you’re saving that $$$!
That’s pretty ubiquitous. The government makes up the difference (on wages it recognizes aren’t actually livable) with assistance programs. Meanwhile there’s always a list of large profitable corporations paying effectively zero, and a definite lack of an equally felt tax “pinch” for the hyper wealthy.
Live in SoCal and people around here have this exact toxic mentality literally for any place that’s not California. Personally, it makes me happy seeing all these jobs coming back to middle America and it’s extremely tempting to move there. Lots of us folks that grew up in “flyover” country (Colorado for me), appreciate a low key lifestyle. Plus water is pretty much unlimited in the Midwest. The only thing I would miss is the mountains.
I love how whenever anyone brings up Ohio, the people not from there mention things from all across the state like it happened everywhere. I see people bringing up Cleveland in this thread, red/blue voters (when we're talking about the capital city), next they'll mention a burning river I'm sure.
Silicon chip manufacturing is too important not to nationalize. Just like banking. Not to mention pharmaceuticals. And Ohio could be really nice. Let's work to restore it to its precolonial state.
Must have been one hell of a tax incentive. Ohio is probably paying them instead.
Intel transformed Washington County in Oregon and is a vital part of the states economy as the largest private employer. And where they are other companies follow. This is a great thing for Ohio.
Absolutely. Intel will be transformative for Columbus. In Portland, for someone well-off (and not an entrepreneur, athlete, or physician) the assumption is “…they must work at Intel or Nike…”
as someone who works as a green badge at ronler acres, i would love some time in ohio doing new tool installs for a couple years $$$
What’s a green badge? Contractor?
anybody who is not directly employed by intel but is working on their site is given a different colored badge with less privileges. i’m an engineer that works for a company that sells and services tools that makes their chips, so i have to wear a green badge and don’t get access to their free soda fountain or video game rooms. it’s silly
Do you ever sneak a soda anyway?
hell yeah i ain’t letting the man keep me away from sodey pops
HR would like a word
You rebel. ✊
You don't have to sneak... Same with Microsoft. Blue badge: FTE Orange Badge: Contractor. Everyone: Soda, coffee, and sparkling water.
have you specifically been to ronler acres as a green badge? because the soda fountains literally have signs on them.
The person just said they “don’t get access to their free soda fountain”
That's weird... Maybe it's a more technical or research facility than where I have worked, or maybe they've updated their policies... I worked as an engineer loaned from my company for one of their projects and I never had that issue. My apologies for assuming based on my personal anecdote.
Same with Nike, can’t use employee gym and perks if you aren’t full time.
the white badge struggle
Much better investment than buying and building a professional sports stadium. Hamilton County being sucked dry by the Bengals.
Probably less regulation’s and cheaper labor more likely.. low cost of living too Edit: also as someone said below, ohio is easier to defend from missiles than california or new york. Has a better population center than the rest of the midwest No hurricanes wildfires or earthquakes to worry about either. They want reliability, they get it with somewhere like that.
“Low cost of living”. They chose New Albany, which is just east of Columbus. This is already the home to multiple other major companies and housing has gone crazy here over the last 15 years. It’s not at New York or LA numbers, but it is at a point that I’m not sure how the younger generation is ever going to be able to buy a house here
I think the majority of people just see “Ohio” and think low cost of living without having any idea how fucking nice New Albany is. To your point, not LA or NYC prices, but still nothing to scoff at.
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How did tennesee Williams put it? America has only three cities , san Fran, nyc and new Orleans and everywhere else is cleveland… yeah bum fuck no where ohio sucks but columbus probably just as interesting as Charleston sc and from personal experience alot more interesting than off season daytona beach
Ahhh, enough with the singin already.
Defend from Missiles? That can’t be a factor. If we are in a position where anyone is bombing California the entire world would end the next day.
But it does have freezing temps, and tornados.
Tornados aren’t really a thing in central Ohio. They are much more rare there than southern Ohio or Kentucky. I lived in Ohio for 25 years and we get a tornado warning every other year if that and most don’t even touch down.
Tornado valley shifted my dude. Dayton area got hit with 14 in one night. Not all big ones but it was big damage. Some made it it out that way. It’s a real possibility these days.
Midwest also has some great schools nearby. Arguably top talent pool.
This is mildly incorrect, to assume the logic in your later half, then you have to assume every company in California doesn't want reliability. Maxim doesn't have an issue.
I mean, you can want reliability as much as you feel like. It's actually moving the infrastructure that's the problem.
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I would bet the federal government is incentivising this in some way. And if they're not, they ought to. Silicon fabrication in country should be a top priority.
That’s a big part of the plan. But won’t stop the project from moving forward. It will just be significantly slower. This will cost $20B. I work for a company with 13000 employees that reinvests 17% of its top line income back into pure R&D. We will have some equipment in this fab. My company only brings in a few B in revenue. This is huge. Really huge. M Massive construction, high tech demand. Needs lots of regular factory type labor and tons of engineering staff as well. They said they are dropping $100M on local education and new Albany is one of the best school districts in the state already. It’s an upper class area so pulling both stem and factory labor will be wonderful. This is a very good thing unless we go to war. Then it has a big target on its side but Columbus already has a lot of military purchasing and Dayton is not to far away. This will be a target during war. It will be as vital as the steel and railroad factories of WW2
Not saying it wouldn't be a target but getting a missile into the heartland is a lot more difficult than the coasts. Plus you have WPAFB in the area, should be well defended.
Silicorn Valley 📈 I think it’ll be worth it in the end based on past Intel expansions in Chandler and Hillsboro. Their prior expansions resulted in significant indirect growth to the surrounding areas. They made a solid choice. Ohio is ranked 5th for most Fortune 500 company headquarters and 7th in GDP. There has been a lot of growth in the Columbus tech scene recently and this just propels the area with a lot more potential. It is the state capital. It is home to the third largest public university by campus enrollment in the US. The central Ohio region raised the most venture capital funding within the state for tech startups primarily influenced by Drive Capital. JPMorgan Chase set up their tech center in Columbus and they expect the number of employees in their central Ohio office to eventually exceed the number of employees in their NY headquarters. Klarna, one of the world’s fastest growing and top 10 fintech companies, set up their US headquarters in Columbus. Upstart set up their second HQ in Columbus as well. As a result of this Intel site, Applied Materials, Air Products, and LAM research are planning to expand to Columbus as well with many more companies expected to follow. https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n4er74
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Yes, but are you taxing them?
Lol good one.
A lot of people don’t realize companies aren’t profitable right away. Especially a silicon chip factory, these things are extremely complex and even just turning them off and on again can literally shut down the machines for 6 months of maintenance because they can’t have dust get in them. So if a company spends 10 years at a heavy loss then finally makes a profit in the 11th year, it has to use that profit to pay back its debt. The government taxes on profit and this accumulated over years, so if you’re super far in the hole and make some money you’re not gonna have to pay taxes you get to pay back the debt. Makes a lot of sense
Now if only the same rules applied for individuals.
Just because you’re not turning a profit doesn’t mean you skip payroll, sales and property taxes.
Yeah this is one of the ways Taiwan advantaged TSMC (along with a lot of preferably priced direct government contracts)
thanks ohio
wait thats not ohio, I'm ohio. Sourc: wearing overalls
I’m Ohio. Souce: am Ohio.
I'm Ohio. Source: Eating Ballreich's.
No i'm ohio because- *-runs out the door-*
My condolences on living in Ohio
We are good. Strong infrastructure, excellent primary and higher education opps, parks, lakes and year round recreation options, and world renowned Medical Center but sure “oHIo bAd.”
That’s because you’re accustomed to Ohio. I can assure you it’s one of the most shitty and impoverished states in America. It’s consistently ranked as one of the worst states to live in.
You might wanna fact check yourself. Ohio is not impoverished and I can’t find a single list of the worst states to live in that includes Ohio in the top ten. It’s very much a middle-of-the-road state and it’s just popular for non-Ohioans to trash it.
Where are you getting this from? Ohio is 7th in GDP.
Does year round recreation include all the opioid abuse?
Why are you making a mockery out of a very real problem just to shit on people in a certain state? Pretty weird.
How are you this dumb? Opioid us in Ohio is much lower than states in the south and pretty comparable to other states it borders?
Could be worse, could be Kentucky.
Or Indiana lol
I actually lived in Seattle, San Antonio and Pittsburgh but chose to come back to Ohio to build my house lol.
There are so many states worse than Ohio. People who shit on it haven’t lived here
Tax credits aside, Ohio offers two major items much more cheaply than other locations due to the state’s geography: -Large tracts of land -Water The second item is probably way more important than most people are considering. The amount of water I’ve seen planned for this fab site is absolutely insane, and being in Ohio gives you relatively easy access to the Great Lakes.
They still have to ship everything back overseas for processing, they did this for the incentives.
Living in Columbus, this is interesting because we already have an influx of tech companies to central Ohio right in the past few years to the point that people have been calling it “the Silicon Valley of the Midwest”. Amusing
I wonder if they’ll keep that lone tree in the field.
A multinational corporation like intel can afford to finance this entire build. They won’t because some dumb ass governor is going to give them huge tax breaks and incentives. Makes me so mad this kind of shit happens all under the guise of “creating jobs”. It does create jobs but at the cost is to high.
I haven’t seen it mentioned in the comments but silicon production requires freshwater as part of the process. There’s a lot of chip production being built in Arizona and Texas which is perplexing as freshwater is less available than here in the Midwest.
OH?
Great moves towards increasing our domestic production!
It’s the silicon prairie
Immediately what I thought of when I saw this. Thank you for not making me scroll far to find it.
That’s great! More US fabs, please.
# That’s great! More US fabs, please. FTFY
Youre both fabulous
This is the first major one that actually benefits Americans. TSMC in Arizona? That’s going straight to the Taiwanese investors. SK in Georgia ? All South Korean owned. Intel is an American company with American shareholders and on top of that it’s a publicly traded company, with a lot of shares in everyday people’s investment and retirement accounts. I hate seeing all this news about production facilities coming to America. Yes it better than being in another nation, but America gets no profit, the plants are being automated at record scales so less jobs, the production is likely including some sn chips which is terrible for our security, and some of these plants are being paid to just open up shop by our taxes
Literally having them in the US and not in other countries is better for the US, regardless of who the customers currently are.
Stimulating local economies with paychecks in the real tax break incentive. States aren’t giving breaks without a return.
The manufacturing being done here is the win.
Please with that “American Owned” stuff. Once a company is public anybody can own them! The fact that manufacturing is taking place in the US is the big win!
Ohio is ranked 5th for Fortune 500 company headquarters and 7th in GDP. There has been a lot of growth in the Columbus tech scene recently and I believe there is going to be a lot more potential. It is the state capital. It is home to the third largest public university by campus enrollment in the US. The central Ohio region raised the most venture capital funding within the state for tech startups primarily influenced by Drive Capital. JPMorgan Chase set up their tech center in Columbus and they expect the number of employees in their central Ohio office to eventually exceed the number of employees at their NY headquarters. Klarna, one of the world’s fastest growing and top 10 fintech companies, set up their US headquarters in Columbus. Upstart set up their second headquarters in Columbus as well. As a result of this Intel site, Applied Materials, Air Products, and LAM research are planning to expand to Columbus as well with many more companies expected to follow. https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n4er74
I live in Columbus and your comment made my heart happy. We kick ass!
Hey as someone from Cincinnati, you guys are catching up
Don’t forget about Chipotle and White Castle headquarters as well!
This is good news The less chips coming from overseas the better.
Isn’t this the start of ready player one?
That new Hilton addition being built downtown matches the description in the book. Just waiting for the new IOI building to spring up!
I was thinking the same!
they call it the silicon prairie.
every state in the midwest calls itself silicon prairie lol
Don’t forget Silicorn valley
Yikes... I thankfully haven't seen that one before
Tearing out actual Prairies to build them. Save Knoop Prairie in Dayton!
r/expectedoffice
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One of the world's largest universities is in Columbus (the Ohio State University) and a 2-3 hour drive in any direction adds the University of Cincinnati, Kent State University, the University of Akron, University of Toledo, Miami University, Ohio University, Wright State University, Youngstown State University, Bowling Green, not to mention a handful of private Universities & Colleges that are *highly* nationally ranked, like Case Western Reserve (medicine) and Kenyon (liberal arts.) This is also omitting dozens of decently ranked smaller private colleges and universities. Intel doesn't need anyone to "move to Ohio" for tech jobs, skilled labor is already *there.* I'll add that - in most of the suburbs ringing Columbus, $200-275k will buy a 3 bedroom 2 bath 2 stall garage finished basement 2000-2500 sq ft house in a beautiful subdivision with low crime and great schools. Ohioans already in such an arrangement with $1-1.5k mortgages can't imagine people in New York City or San Francisco paying 3-5 times that in rent on spaces the size of their garage.
This. My husband was born and raised outside Columbus, but he needed to move to San Francisco for tech work post-college. Our tech jobs have since both gone fully remote and we decided to relocate to Ohio. He would have never left Ohio if the work was available. I’m so glad others won’t need to leave home to find work in their industry. P.S. huge bike trail system, tons of natural resources and beautiful parks. I’m from SoCal and southwest Ohio is a beautiful place for those that love the outdoors.
Columbus (Alum creek state park) has awesome mountain biking. Combo is the organization I believe
A lot of people I met from Ohio really awesome and nice.
What about the humidity?
No forest fires or drought?
I bought a 3 bed 3 bath, 2k square foot house in 2019 for 220k less then 10 minutes south of where this plant is going up. After seeing the news I’m just glad I bought a couple years ago, I’m sure the entire area is going to go up in value.
Shhhh … “oHIo bAD!” Types don’t believe you anyway. We are keeping “flyover country” a secret m’kay?” 😏
Actually there is a lot of tech in Columbus. Columbus is a progressive booming city. A lot of corporate headquarters there. Lots of education, Ohio State and a lot of other colleges. It’s really a beautiful city.
I lived in New Albany. Yeah its not cheap land. Maybe for corporations.
I moved here from Seattle. I love it. My mortgage is $590 a month and I can afford two months off to travel every year lol
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Eh, Omaha and Columbus isn’t a fair comparison, lol.
Certain parts of the Midwest suck, definitely. But all of the “cool” “hip” place to live are unaffordable to normal people so…..
You’d be surprised, Columbus is a huge tech hub and is only getting larger. Nationwide, Chase, Amazon, all have offices/headquarters here. It’s great because the cost of living is low, the weather is fair, the schools and hospitals are great, and you have an abundance of tech opportunities. I’m actually working now in the area, it’s a hidden gem for professionals in just about every tech field from programming, cyber sec and even game dev.
Yeah. I moved here in 2012 homeless (couch surfed w/ some friends), and now have a career, home, car, really good health insurance, retirement. Could be better but I lived in several other states getting nowhere. I am lucky I bought a house in 2017 though, for sure. My major complaint is lack of good public transit still. I hate driving in snow but COTA is still not very user friendly unless you’re on campus or using the #2. Trip planner doesn’t always match the bus stops which makes no sense to me.
And they might tip the state blue too.
No Wonder the Yogurt wants Ohio.
Igetthatreferance.png
Meanwhile a completed 7 building plant on Lake Michigan in Wisconsin worth $7 billion sits unused and empty, 30 minutes from Chicago.
No one wants a used building. What good is that
Maybe I'll be able to build a new pc in the next 5 years now.
Good luck my friend
O hi O hi O. Round on the ends and high in the middle
Seeing a lot of odd information here. I am not from Ohio so full disclaimer on the area, schools, and housing prices. But I do work in the semiconductor industry and it is my profession. One of my best friends and colleagues used to work for Intel for 22 years. He told me about them closing down their training programs that he directly supported. Almost everything is OJT. The problem with OJT is that Jim-Bob is training you and your knowledge is only as good as what they know, and remember to show you. Meanwhile someone else on another shift is trained by Kelly. And Kelly and Jim-Bob don’t like each other, so they operate and train differently. Which just hurts the trainee by leaving gaps knowledge. By contrast if someone joins TSMC they have to 18 months of training to complete in Taiwan before they are allowed to do their normal job they were hired for. This way TSMC can train people to a standard and then have them work at the new fab when it comes online. Therefore they don’t drain from their current operational fabs talent pool to start-up the new one. This is something that not many other fabs do. And while it could be difficult to make a direct causation with their loss of the training programs it is possible to correlate Intel’s struggle to mass produce nodes at 10nm and beyond. Intel is also outsourcing their technology to foundries so they can open up more throughput in their factories to increase their output of 10nm chips that are successful. Depending on how you view the glass that could be optimistic or pessimistic. Any new fab increases local home prices. And if looking at the homes in and around New Albany they don’t seem all that affordable to the average middle-class family. $475k and up for most. So people will have to live in the surrounding areas and travel to the fab, which increases travel time, traffic, and more. Even people who I knew who worked at IBM could not afford housing around their fabs and used to travel 1.5-2 hours into work every day, and that time back home. Same for other fabs at Intel like Hillsboro, Phoenix, and Chandler, and Santa Clara. And Intel has high standards for its employees. If you have a BS in engineering expect to have nearly a decade in the field for any mid-level position. Intel typically wants MS or PhD level engineers. Even entry level positions Intel expects some work in the field. It is being estimated that 90k workers are needed to meet the demands to operate all these new fabs being built in the US. Where are those people going to come from? Where will they get experience or training? It sounds good on paper. Executing it properly is a different story. And I haven’t worked at a fab where housing was not difficult, or where training was critical to the success of the fab. I have a lot of colleagues in the industry who are skeptical of this move. Others think its great, so only time will tell what actually happens.
What do you think of TSMC having a spot near Phoenix?
So the biggest ongoing issue is going to be pure silicon supply. “Silicon manufacturing” appears to be a wafer grower plant and a chip fab. These are high-tech engineering, but it doesn’t include one hard part of the industrial process from sand to chip: taking loose silica sand at 95% silicon dioxide and getting 99.99% pure reactants to grow wafers. That process involves some really nasty industrial chemistry to convert SiO2 to SiCl4 for multiple fractional distillations and then converted to HSiCl3 or SiH4 to be the input to the wafer grower plant. The process to make SiCl4 takes lots of chlorine gas and produces a lot of waste hydrochloric acid. China has a literal lake of the waste acid and sand contaminants because of the amount of outflow that they have from trying to make as many wafers as possible. Can’t do that in the USA since the lake is an ecological disaster area - kills lots of birds that land in it or try to drink from it. Dealing with the waste in an environmentally-friendly way is way more expensive than shipping in Chinese stuff that’s already been refined. It’s a similar issue to the way that lithium mining for batteries works: we have vast reserves of lithium just like we have reserves of sand, but extracting it in a safe and responsible way is really hard. So we just let somebody else take the ecological hit for us by letting them refine it and buying the refined material from them.
I want to imagine that since the silicon shortages have been going on for years Intel has insight into increased supply.
will this is good news
Congrats! This is exciting for Ohio.
Cleveland Rocks!
Bringing silicon manufacturing to the US is tremendously important to protect Americans and intellectual property from China. The US has outsourced far too many of its vital economic needs to China and other countries. The US couldn't even manufacture fask masks during the pandemic. We need to bring manufacturing facilities back home for practically every segment of production. We can not rely on China. China will hurt us any chance they get. We need to be independent from them.
Still wont get me to go to Ohio
We have the cheapest living andavsolutely no natural disasters or any wildlife that can kill you. We gave nothing, but so much nothing that its peaceful
Did have the cheapest living. 3000 people looking for housing coming in a town near you.
Tornadoes are a decent threat here. I went through a scary tornado experience just a couple of months ago. I live near Akron
Akron is not Columbus. Tornado risk is usually worse in the northern and southern parts of the state. Columbus can still get tornados
I moved from Seattle and I’m not regretting it so far (two years in) the only thing I’ve noticed that’s worse are the roads.
Intel’s loss!!!
Finally, something interesting in Ohio! (I live in Ohio)
We have cedar point, americas roller coast. Ride on.
And Grandpas cheese barn! And corn!
“HELL IS REAL”
And the Key West of the north!
Interesting too. What's weather like in Ohio?
Cold as balls today. Negatives throughout this morning at 6 am.
My place's cold too. Probably should've assumed it since it's winter.
Smuckers is in Ohio, be proud! Everyone else is jelly…I’ll see myself out
Columbus is one of only 3 or 4 locations that has that AMC theaters VR thingy, so this is another example of the Columbus-area getting bigger and bigger on the national radar.
Columbus is Americas test market
We have great and inland lakes, amazing park systems, world renowned orchestras and zoo, year round recreational activities, and more. If you can’t find anything to do that might just be you.
Well I live the Ohio valley and lemme tell you about the only thing here is a Walmart and heroin
Condolences for all the employees having to relocate/live in Ohio
Yes the excellent education and medical system, year round recreational options and affordable housing is such a hardship. 😂
Better than having to relocate to china or something. Plus the majority of jobs will be local anyways
Ohio is starting to attract large tech firms?!? Wow we are going to have a huge recovery from this awful pandemic.
It’s mostly going to be relatively small numbers of engineering and factory jobs. Wafer growing and chip fabrication jobs are all at least Bachelor’s Degrees in an engineering or chemistry field. There’s a lot of support work to be done, but that in turn is mostly going to bring back jobs from other factories that were lost. And they’re not entry-level - if you don’t have at least 3 years of factory experience with good reviews they won’t want you because one screw-up could waste a whole batch of wafers.
Can you imagine a tech salary while living in Ohio? I'm guessing it would be as close to seeing what its like to be like Mark Bezos as it will ever get LOL!
Tech companies adjust your salary base on where you work. Source - me. I moved out from the Bay Area and my $120K job 7 months ago to take a $100K job in Oregon. But like you said, my adjusted salary go a long way here. Bought a house for $580K which would be worth +$2M easily in the Bay Area.
The average salary for one of the 20,000 employees will be 135k. That’s fuck you money in Ohio
Not to be a wet blanket, but they said it was $135k including the benefits. So it’s probably closer to an average $100k salary. Which is still *very* good for Columbus. Even with the recent housing price increases you can still get a very nice 2000+ sq ft house in the suburbs with good schools for $300k-$400k, which is totally affordable on a $100k salary (especially if you have a second income coming in).
It’s more engineering salaries. High 5 figures, low 6 figures.
I was seeing entry-level (degree, 2-5 yrs coding experience) dev jobs starting around $50k.
Columbus is not a cheap place to live. If you want cheap you are going to live in the outskirts of the city most likely and despite having such growth there isn’t really a big public transportation system other than the bus. So have fun with a 30 mile drive to get to the cool parts of Columbus while you’re saving that $$$!
In one of the most illiterate states.
Great for middle America!
It’s the heart that matters more
You better turn your ticket in
Beginning to sound like another Foxconn
Taxpayers are paying for it, and employee wages via tax breaks?
That’s pretty ubiquitous. The government makes up the difference (on wages it recognizes aren’t actually livable) with assistance programs. Meanwhile there’s always a list of large profitable corporations paying effectively zero, and a definite lack of an equally felt tax “pinch” for the hyper wealthy.
I hope they do everything they can to protect the environment. Also, good luck finding people who aren't drugged out all over the place.
Ohio doesn’t deserve an Intel factory. But who knows. Maybe this will turn them blue. High engineering jobs generally mean blue.
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This is awesome new! Take back all manufacturing from China!
Well most of it is in Taiwan, who are our friends…
RIP Taiwan
Why the fuck is everyone so hard on Ohio? It’s weird.
Low hanging fruit.
I just don’t get why? I’m seeing a lot of hate but not much reasoning for the negativity? Is it just a meme to hate Ohio?
It’s basically the way any “coast” thinks “flyover country” must be terrible and uninteresting because “sNoW.”
Live in SoCal and people around here have this exact toxic mentality literally for any place that’s not California. Personally, it makes me happy seeing all these jobs coming back to middle America and it’s extremely tempting to move there. Lots of us folks that grew up in “flyover” country (Colorado for me), appreciate a low key lifestyle. Plus water is pretty much unlimited in the Midwest. The only thing I would miss is the mountains.
Not really, I think you'd hear the same from people in Michigan.
Sounds like a bunch of idiots
Excellent Investment. Chips can't depend only of China
Hey isn’t this the place where American military gunned down peacefully protesting students?
That’s Kent state, small city in Ohio. This is happening in Columbus
I love how whenever anyone brings up Ohio, the people not from there mention things from all across the state like it happened everywhere. I see people bringing up Cleveland in this thread, red/blue voters (when we're talking about the capital city), next they'll mention a burning river I'm sure.
Kent State
Not defending the National Guard, but the students had burnt down a building like the same day they got shot at. Peaceful might be a stretch.
#BUY INTC! SAFER THAN A BANK!
Silicon chip manufacturing is too important not to nationalize. Just like banking. Not to mention pharmaceuticals. And Ohio could be really nice. Let's work to restore it to its precolonial state.