It is very possible that looking back from a twenty-years-from-now vantage point, that Wednesday’s vote in the US Senate will be seen as a transformative moment for Ohio’s economy.
At least in the near future, few places may end up as changed as Ohio because of a measure that will provide historic levels of financial investment into the domestic manufacture of semiconductors and related industries. And while Richland County is not the primary location from those manufacturing facilities, the county’s southwest corner is quite close to the building site, and of course neighboring Morrow and Knox Counties will be Intel’s next door neighbors.
From the time of the first announcement of Intel’s building plans to the present, passage of the so-called Chips Bill was singled out as important for Intel to maximize its Ohio investment.More…
In the immediate aftermath of the announcement that Intel is investing $20 billion in constructing two state of the art semiconductor manufacturing facilities in northwestern Licking County, a number of developments began to occur.
On the part of local units of government and planning organizations, work began to prepare for changes in traffic, population growth, and community development patterns not only in the immediate area, but regionally across central Ohio. Initiatives sprung up almost overnight to prepare for the various needs that the operation will require, including the availability of a trained, talented workforce.
Efforts began as far away as Cincinnati to determine how best to woo Intel suppliers, while other regions and state began to consider how they lost out in this edition of the semiconductor sweepstakes.More…