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In order to encourage Intel to build a factory, Ohio took out $2 billion

Share the QR code < / P > < p > with wechat scanning code to friends and circle of friends < / P > < p > & nbsp; On January 29, in order to attract Intel to build chip factories locally, Ohio provided Intel with incentives totalling about $2 billion < p > Ohio provides a total of $2 billion incentive plan to ensure that Intel can invest $20 billion to build a new chip manufacturing plant. Intel said that the new plant will help alleviate the global chip shortage and is expected to build a new technology center in the Midwest of the United States < p > Ohio officials said on Friday local time that the incentive package includes various tax cuts, subsidies and infrastructure investment, which may be the largest discount offered by Ohio for the largest local economic development agreement in history < p > Intel, headquartered in Santa Clara, California, is the world's second-largest chip manufacturer. A week ago, the company announced two new chip manufacturing plants on the outskirts of Columbus, Ohio < p > Intel executives said that if the U.S. Congress passed a bill to invest $52 billion in the chip industry to ensure increased U.S. chip production capacity, its new factories may be much larger and faster < p > Patrick Gelsinger, CEO of Intel, said that in the next 10 years, the company's total investment in Ohio will exceed US $100 billion, and six more factories will be built, so as to build one of the largest chip manufacturing bases in the world < p > the shortage of computer chips has become an increasingly serious problem all over the world. At present, chip products are mainly made in Asia and are used in various products from handheld video game consoles to automobiles < p > according to the semiconductor industry association, the share of the United States in the global chip manufacturing market has decreased from 37% in 1990 to 12% at present < p > Intel hopes to promote the construction of its Ohio plant as soon as possible, which can not only be used to produce its own processors, but also contract chips designed by other companies. The project is expected to start this year and put into operation by the end of 2025 < p > Lydia mihalik, Ohio development director, said that the Ohio incentive plan includes a subsidy of $600 million to help Intel reduce the cost of building factories locally < p > Ohio also plans to invest nearly $700 million in road construction and water infrastructure upgrading, including a recycling system that allows factories to recycle wastewater < p > this summer, the Ohio state legislature approved a 30-year tax relief, which will save Intel $650 million < p > mihalik said that Ohio's investment is worth it, because the Intel plant will not only create more jobs, but also make Ohio more attractive to chip dependent industries such as automobile and aviation < p > mihalik said: "these investments can not only ensure that Intel projects take root and succeed here, but also support local future growth by increasing local infrastructure." < p > < p > the jobsohio office will provide Intel with up to $150 million in economic development and labor subsidies, said Matt englehart, a jobsohio spokesman for the Ohio economic development office < p > according to local media reports, the city of New Albany, where Intel's new factory is located, also said it would exempt the buildings built by Intel in its business park from property tax for 30 years < p > Intel plans to build two new factories covering an area of more than 400 hectares, located in liklin County in the east of Columbus, which is expected to create 3000 jobs and 7000 construction jobs. Intel and local government officials said last week that the factory would also provide tens of thousands of jobs for suppliers and partners < p > Ohio officials said Ohio beat 40 other states in the competition for the project. (Chen Chen)


2023-03-22 10:04:49

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