# Intel to invest $20B in two new chip factories in Ohio

Intel announced plans to invest more than $20 billion to build two new leading-edge chip factories in Licking County, Ohio. Construction is expected to begin in late 2022, with production coming online at the end of 2025.

- Type: New facility
- Announced: 2022-01-20
- Where: Licking County, Ohio, United States
- Value: $20.0B
- Jobs: 3,000
- Starts operating: 2025
- Status: announced
- Products: leading-edge processors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Intel](https://endata.com/companies/21062.md)

## Sources

- [intc.com](https://www.intc.com/news-events/press-releases/detail/1521/intel-announces-next-us-site-with-landmark-investment-in), 2022-01-21: "Intel today announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio."
- [bloomberg.com](https://www.bloomberg.com/news/articles/2022-01-21/intel-plans-to-spend-20-billion-on-ohio-chipmaking-hub), 2022-01-21: "Intel Corp. plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, which the company expects to grow to be the world’s biggest semiconductor-manufacturing site."
- [reuters.com](https://www.reuters.com/technology/intel-invest-20-billion-build-manufacturing-plants-ohio-2022-01-21/), 2022-01-21: "Intel's actions will help build a more resilient supply chain and ensure reliable access to advanced semiconductors for years to come."
- [gmauthority.com](https://gmauthority.com/blog/2022/01/intel-to-invest-20-billion-in-building-two-microchip-factories-in-ohio/), 2022-01-21: "Intel's actions will help build a more resilient supply chain and ensure reliable access to advanced semiconductors for years to come."
- [thehindu.com](https://www.thehindu.com/business/Industry/intel-to-invest-up-to-100-bn-in-ohio-chip-units/article38305627.ece), 2022-01-21: "The move is part of chief executive officer Pat Gelsinger's strategy to restore Intel's dominance in chip making and reduce America's reliance on Asian manufacturing hubs."
- [businessfacilities.com](https://businessfacilities.com/20b-investment-will-bring-intels-most-advanced-semiconductor-plants-to-ohio/), 2022-01-21: "We are excited to call Ohio home to Intel's first new manufacturing site in 40 years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.