Governor Mike DeWine announced today (January 21, 2022) that Intel will build two semi-conductor plants in suburban Licking County, in the Columbus metropolitan area. The plants will be located in New Albany’s International Business Park, which already has Google, Amazon and Facebook as tenants. The plants are to be opened by 2025.
The Governor said that the plant will be the largest private sector investment in Ohio history. The $20 billion plant is projected to increase Ohio’s Gross Domestic product by $2.8 billion.
The plant is expected to employ 3,000 initially, at an average wage of $135,000, while secondarily generating 20,000 additional jobs statewide.
Representative Troy Balderson, who represents the plant location in the US Congress said “We are allowing ourselves to be held hostage by the imbalance of foreign chip production. It’s past time to bolster this production here at home.”
Already, the Columbus metropolitan area had catapulted to leadership as a domestic migration destination, adding 53,000 net domestic migrants between 2010 and 2020, the most of any Midwestern metropolitan area.
Wendell Cox is principal of Demographia, an international public policy firm located in the St. Louis metropolitan area. He is a founding senior fellow at the Urban Reform Institute, Houston, a Senior Fellow with the Frontier Centre for Public Policy in Winnipeg and a member of the Advisory Board of the Center for Demographics and Policy at Chapman University in Orange, California. He has served as a visiting professor at the Conservatoire National des Arts et Metiers in Paris. His principal interests are economics, poverty alleviation, demographics, urban policy and transport. He is co-author of the annual Demographia International Housing Affordability Survey and author of Demographia World Urban Areas.
Mayor Tom Bradley appointed him to three terms on the Los Angeles County Transportation Commission (1977-1985) and Speaker of the House Newt Gingrich appointed him to the Amtrak Reform Council, to complete the unexpired term of New Jersey Governor Christine Todd Whitman (1999-2002). He is author of War on the Dream: How Anti-Sprawl Policy Threatens the Quality of Life and Toward More Prosperous Cities: A Framing Essay on Urban Areas, Transport, Planning and the Dimensions of Sustainability.
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