Greater Columbus believed to be in running for massive computer chip factory

Mark Williams, The Columbus Dispatch on

Published in Business News

As a result, semiconductor companies have started the long, laborious process of developing new U.S. sources of chips. The process figures to take several years before the plants would be up and running.

Samsung has announced a $17 billion chip factory in Austin, Texas, and semiconductor company Intel has broken ground on two factories, called fabs, in Arizona, a $20 billion investment.

A chip company also is said to be scouting locations in North Carolina's Research Triangle Region for a $40 billion investment, the Triangle Business Journal reported last week.

Beyond the Arizona investment, Intel CEO Pat Gelsinger has said the company wants to create a mini-city that could be a total investment approaching $100 billion.

"We're looking broadly across the U.S. We're saying come one, come all for proposals. This would be a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade on the order of $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created as a result of those 10,000, by our experience. So, essentially, we want to build a little city," he told The Washington Post last August.

Government incentives could speed U.S. computer chip production


How quickly such a development could occur depends in part on Congress, which is debating a legislation that would provide incentives to bring chip-making back to the U.S.

The Senate passed U.S. Innovation and Competition Act in June that provides $52 billion in federal investments for research, design and manufacturing. The legislation is pending in the House.

New Albany already has landed several high-tech companies, including data centers that have been built by Amazon, Facebook and Google.

New Albany's council on Jan. 4 voted 6-0 to enter into an annexation agreement with Jersey Township for the property, which is bounded by the Franklin-Licking County line, Green Chapel Road, Mink Street and Jug Street.

Officials have stated publicly that no use for the property has been identified, but the land would become part of the burgeoning New Albany International Business Park.

©2022 Distributed by Tribune Content Agency, LLC.