Intel’s $20B plan has promise for Northeast Ohio suppliers

A rendering of the announced Intel facility in central Ohio.

Intel Corp.’s $20 billion commitment to building a massive semiconductor production facility outside of Columbus has the potential to deepen the tech company’s relationships with existing Northeast Ohio suppliers — and to lure new businesses to the region.

The Columbus area clearly will see the greatest benefit from the project, a multiyear investment on a sprawling site in New Albany. But site selectors and manufacturing executives predict broad reverberations from a deal that’s being described as the largest single private-sector investment in the state’s history.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Michelle Jarboe.

Originally published May 8, 2022.

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