Company/Division name | Intel |
Parent company | Intel |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 3000 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 20,000 |
City reshored to: | New Albany |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductor chips |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies, IRA |
Government Incentive dollar amount: | $600mil state grant & $650mil tax break over 30yrs |