Six Major Business Organizations Issue Statement on Ohio Winning Largest Economic Development Project in State History

COLUMBUS—Ohio’s six major business organizations today joined to issue a statement on Intel’s announcement to build a semi-conductor production facility in central Ohio. The Ohio Business Roundtable, Ohio Chamber of Commerce, NFIB Ohio, Ohio Manufacturers’ Association, Ohio Farm Bureau and the Ohio Council of Retail Merchants issued the following statement:

“Today’s announcement by Intel that it will build a new computer-chip factory in central Ohio is a monumental win for our state and our country. The COVID-19 pandemic and its supply-chain disruptions, together with aggressive foreign trade practices, showed many organizations the importance of moving manufacturing capacity back to the United States from overseas; perhaps none more important than the semiconductor industry. Domestic chip manufacturing is essential for our national security, and we are pleased Ohio is leading the way.

This announcement would not have been possible without the steadfast leadership of the DeWine-Husted Administration, as well as our partners at JobsOhio who have worked tirelessly to put Ohio in a position to land this “megaproject.” The Intel investment – which represents the largest economic development project in state history – is only the tip of the iceberg for new economic development in Ohio. This project will bring thousands of high paying jobs to central Ohio and benefit Ohio based suppliers and customers, many of which will be small businesses.”

Alexandra Denney