Intel Corp to Build Ohio MegaFab You may have heard- Intel ( NASDAQ:INTC ) is building a plant in New Albany: The Ohio MegaFab. When they say this is big, that's no joke. Quick facts: It will be the largest semiconductor factory in the world. The site will occupy almost 1,000 acres (926 to be exact) Initial plans are for 2 fabrication facilities The factory will employ 3,000 direct Intel employees earning an average of $135k There will be about 7,000 construction jobs The first chips are expected to be produced in 2025 Total investment by Intel is $20 Billion Construction will begin this year (2022) Potential to expand up to 8 fab facilities and 2,000 acres. Also: " tens of thousands of additional indirect and support jobs including contracted positions, electricians, engineers, and jobs in restaurants, healthcare, housing, entertainment and more," according to a press release. This is the closest thing to a gold rush this country has seen in a while. What opportun...
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