New Albany’s official township website has released a webpage announcing the new partnership with Intel, providing details on the project’s timeline, site maps, contact information, and an FAQ.
Intel’s Planned Investment in New Albany
On January 21, Intel announced that it has selected the Licking County portion of the New Albany International Business Park as the location for a $20 billion+ chip manufacturing project. The company plans to build two state-of-the-art factories by 2025. Intel’s selection of our business park will create many opportunities for New Albany, our region and the entire state, including:
- thousands of new manufacturing and construction jobs;
- new infrastructure in and around New Albany to support the project, including state funding to widen State Route 161; and
- an even stronger emphasis on STEM education opportunities for our local schools, as well as 2-year and 4-year colleges and universities throughout the state of Ohio.
“We are excited to call Ohio home to Intel’s first new manufacturing site in 40 years,” said Pat Gelsinger, CEO Intel. “Today, we take an important step toward our goal to rebalance global chipmaking capacity and help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products. The new factories we’ll build in Ohio are part of our strategy to increase semiconductor R&D and global manufacturing capacity and restore U.S. semi manufacturing leadership. We expect Intel Ohio will become one of the largest semiconductor manufacturing sites in the world over the next decade.”
The megaproject, which will be the largest single private sector company investment in Ohio’s history, is expected to ultimately generate more than 20,000 jobs in the state, including 3,000 direct Intel jobs earning an average of $135,000 per year (plus benefits), 7,000 construction jobs over the course of the build, and tens of thousands of additional indirect and support jobs including contracted positions, electricians, engineers, and jobs in restaurants, healthcare, housing, entertainment and more. The project is expected to add $2.8 billion to Ohio’s annual gross state product.
To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.
As reported by Time, the state has agreed to invest $1 billion in infrastructure improvements, including widening State Route 161, to support the factory and the nearby community.
Why the Project is Important
For New Albany
Well-paying jobs increase income tax revenues, which provide local funds to expand parks opportunities, build roads and leisure trails, and continue our high level of city services.
“This is a big win for our nation and our state, and locally, it’s important to note that we are ready for this project,” said New Albany Mayor Sloan Spalding. “New Albany is a strategically-planned community, and this project fits within the parameters of our business park, where 19,000 people already work. We’ve been planning roads and other critical infrastructure for years, and with assistance from our other project partners, we will ensure that the infrastructure for this project will be in place in a way that supports our entire community.”
For Ohio
Intel’s investment here places Ohio at the forefront of solving a national challenge while creating thousands of well-paying jobs through Intel and its cadre of suppliers, which will be located in nearly every county in Ohio. With recent commitments from Facebook, Google, AWS, Amgen, and now Intel, Ohio is at the forefront in creating technology and STEM-related jobs, and the state’s secondary and higher education will greatly benefit from this investment.
“Today’s announcement is monumental news for the state of Ohio,” said Governor Mike DeWine. “Intel’s new facilities will be transformative for our state, creating thousands of good-paying jobs in Ohio manufacturing strategically vital semiconductors, often called ‘chips.’ Advanced manufacturing, research and development, and talent are part of Ohio’s DNA, and we are proud that chips — which power the future — will be made in Ohio, by Ohioans.”
For Our Nation
Intel is one of the largest chip manufacturers in the world and boosting U.S. production of chips is critical at this time to address the global shortage of chips needed for automobiles, appliances, computers and many other consumer products. Even more important than products, chip production is a matter of national security with so many of our defense systems being chip reliant.
What’s Next
There is much work ahead. New Albany leaders will continue to work collaboratively with regional, state and federal officials, as well as Intel, to move this project forward in a manner consistent with our economic development plan and the high standards we’ve established and maintained in our business park for the past two decades. Residents who have questions about the project can fill out the “contact us” form at the bottom of this page.
Additional Information
Read the full JobsOhio press release by clicking here.
For more information on Intel’s plans in Ohio and its commitment to the community, visit the Intel Ohio web page.
Site Maps
Frequently Asked Questions
We know there are many questions. For some questions, we know the answers. Other questions will require time and further study to answer beyond generalizations and promises. What follows are questions that we’ve already heard and anticipate. We are committed to sharing news and information about this project as details become available. Check back often for further updates.
The initial 2-fab (chip factory) site is located on a nearly 1,000-acre plot of land in western Licking County bounded by Green Chapel Road to the north, Mink Street to the east, and Clover Valley Road to the west. For reference, Miller Road currently runs roughly through the middle of the area. The heart of the Intel site is nearly 6 miles from New Albany’s Village Center. To put that in perspective, Easton Town Center is also approximately 6 miles from our Village Center.
More land may be annexed as part of the 3,000+ acre annexation agreement with Jersey Township, but it may not be. This annexation agreement area can accommodate all 8 fabs if Intel chooses to expand. We understand that there will be potential suppliers that locate as well and there is 200 acres immediately adjacent to the site on Clover Valley for those activities.
The land Intel is purchasing was bought from residents who chose to sell and move. Eminent Domain was not used to take land. There are other neighbors who will be close to the facility, though the site will have a buffer between the buildings and the boundaries.
Site work will begin this summer with construction beginning in earnest by the end of the year. Intel hopes the plant will be in operation by 2025.
As a partner in the Silicon Heartland Development Project, the City of New Albany offered Intel a 100 percent property tax abatement on buildings in the New Albany International Business Park. This is in line with incentives provided to other companies locating here over the last twelve years, except that the abatement – if approved by New Albany City Council – will remain in effect for 30 years under Ohio’s “mega projects” statute. It is important to note that the abatement covers buildings, but not land. The value of the property tax abatement will depend on the number and types of buildings and the final appraisal. Because a property tax abatement is in place, the City of New Albany shares income tax revenues that will provide funds to the Johnstown-Monroe Local School District and Jersey Township in lieu of property tax revenue for the full term of the abatement.
A project of this magnitude demands a partnership the likes of which we’ve never seen before, and agreement on a 30-year property tax abatement confirms that. The Ohio statute is well named, this is a ‘mega project’ and New Albany is proud to make a mega-commitment to Intel.
100% property tax abatements are part of our basic incentive package to prospective large businesses. Companies must meet job creation numbers as part of their property tax incentive agreement or risk losing the property tax abatement.
Our existing partnerships have proven that development projects in the New Albany International Business Park are a net positive economically for the impacted school district as a result of the development. Because the property tax abatement only covers buildings, there are still new property tax revenues flowing into schools; and our income tax sharing agreements any time a property tax abatement is in effect for a project provide even more new revenues to our partners. This is the sort of economic development support to partners in the business park that allowed our site to get selected over approximately 40 other choices throughout the United States.
The State of Ohio has committed more than $1 billion in funding to support necessary infrastructure enhancements to this project. Notably, a share of this funding will be used to expand a portion of State Route 161, which had already been desired by expressway users prior to Intel’s announcement. One might also reasonably expect Mink Road to be widened as the project develops, though studies and plans are still in the earlier stages. Keep in mind that approximately 19,000 people – nearly twice the New Albany resident population – already work within the New Albany International Business Park, and planning is a hallmark of New Albany to ensure that necessary infrastructure will be in place, as it has been for every build-out of the business park, to effectively and efficiently manage traffic, even at rush hour peaks.
There are many other elements of this project where the details still need to be ironed out, and many of the infrastructure improvements largely depend on state legislative action so nothing is yet finalized. With that said, the Engage New Albany Strategic Plan and our preparation for this project will ensure that necessary infrastructure is in place for this project.
Intel’s fabs, and the ancillary jobs that will support them, will be built in the Johnstown-Monroe Local School District and that district will receive revenues as a result of Intel’s investment. We do not anticipate any broad population growth in New Albany or within the New Albany-Plain Local School District as a result of this project. Because Intel will likely attract workers from within a 40-mile radius, any growth will be spread throughout central Ohio. Still, Ohio’s entire primary, secondary and higher educational system will benefit from this Intel project and the STEM educational opportunities it will present for Ohio’s youth in the coming decades. In fact, Intel pledged $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.
Every community right now has the opportunity to grow their economy in the form that they want as a result of this project. We’ll be part of a regional partnership to study housing, transportation, education and other elements related to the project. These are issues that the region will tackle together. Between the Engage New Albany Strategic Plan, our experience already at the business park, and the groundwork laid for this project already, this facility will fit well within the parameters of the New Albany International Business Park and our community.
The company says on its website that “Intel has a long-standing commitment to sustainability and continually strives to minimize its impact on the environment. The new site will be designed and constructed with green building principles, and the new factories have a goal to be powered by 100% renewable electricity, achieve net positive water use, and achieve zero waste to landfills in support of Intel’s 2030 sustainability goals.” We applaud Intel’s announcement regarding sustainability efforts, and we look forward to building relationships with the Intel team to ensure that we are doing all that we can to protect our environment. Learn more about Intel’s commitment to sustainability at https://www.intel.com/content/www/us/en/environment/intel-and-the-environment.html.
New Albany’s water comes from the Hap Cremean water treatment plant on Morse Road. The source water is from the Hoover Reservoir which serves all of northeast Franklin County and our service area in Licking County. The reservoir is sourced from the Big Walnut Creek and can hold over 20.8 billion gallons of water. Here is a link to the city of Columbus website for water sourcing, water management and wastewater management: https://www.columbus.gov/utilities/about/Water-Supply-and-Source-Management-History/
As a contract service community we purchase our water from the City of Columbus. Several years ago New Albany upgraded its system in the business park to add approximately 16 million gallons to our system to accommodate future growth. New Albany reviews its water models frequently to measure demand and update with future land use scenarios on a regular basis. We will build additional infrastructure to reach the site and serve it, as needed, but the demand for the project is well within the amount of water capacity we have available. Additionally, the City of New Albany has a robust NPDES Phase II Program in place to comply with OEPA and EPA standards for small municipalities. More information can be found here: https://newalbanyohio.org/answers/stormwater/
Intel will build a water reclamation facility at the same time as they build the fabrication facilities. This is consistent with two recent builds in Oregon and Arizona. The water reclamation facility will be operational on day 1. Officials in both Arizona and Oregon have been interviewed and provided references for Intel’s sustainability practices. To stay up-to-date on the latest information please reference the following site: https://www.intel.com/content/www/us/en/corporate-responsibility/intel-in-ohio.html
This will require additional study. Infrastructure improvements are necessary and will definitely be part of this project. The State of Ohio has committed more than $1 billion in funding to support necessary infrastructure enhancements to this project. Notably, a share of this funding will be used to expand a portion of State Route 161. One might reasonably expect Mink Road to be widened as well as the project develops, though studies and plans are still in the earlier of planning stages.
As part of the state incentive package, it is committing to funding infrastructure improvements. New Albany has no plans to issue bonds at this time.
This project likely represents the last major addition of land to the park through annexation. New Albany started looking at this area and planning for what might be the right type of project before being reached out to by Intel. Very rarely does a project come together the way this project has, but our master plan and excellent work in the rest of the business park made this project possible.
Intel will be looking for employees for thousands of jobs. They are committed to partnering with schools and universities to ensure the workforce they need. It is early, but you can explore careers at Intel on their Intel in Ohio page: https://www.intel.com/content/www/us/en/corporate-responsibility/intel-in-ohio.html
