COLUMBUS, Ohio (WCMH) — Intel told Ohio’s Department of Development that it invested around $1.4 billion in Ohio in 2025 and is not planning another delay for its New Albany project as of February.
Three years after Intel selected Licking County for its $20 billion chip manufacturing plant site in 2022, Intel said it has now invested more than $5 billion in Ohio. Intel’s construction timeline has been pushed back twice, but the company said it was happy to report no new timeline adjustments after 2025.
Intel received state and federal incentives for Intel Ohio One. As part of the funding agreement, the company reports annually to Ohio on its progress as part of its grant agreement, most recently updating the state on Feb. 27. See previous coverage of Intel Ohio One in the video player above.
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According to a copy of Intel’s annual report acquired by NBC4, Intel said it finished all major underground work for both fabs, short for fabrication facilities that will be used to manufacture semiconductor chips. Intel said construction on buildings, infrastructure and towers are all underway, with more above-ground construction completed in 2025 than in previous years…