NEW ALBANY, Ohio (WCMH) -- Intel’s announcement it's “slowing construction” came as a surprise to many.
NBC4 is digging into what the company means by "slowing construction." Does it really mean slow, or does it mean stop?
All of the major players in this project we spoke with said they are optimistic.
“You have to look at things that are frankly beyond our control in Ohio and that is the state of the industry and how well Intel is doing in selling their product,” Gov. Mike DeWine said.
Intel told our partners at Columbus Business First, ‘slowing construction’ really does mean slowing and says they have not pushed back the 2031 finish at this time. DeWine said in a news conference Friday he spoke with Intel's new CEO following the announcement.
“The conversation I had with him was frankly optimistic. He described the situation of the company as it has been reported by a whole bunch of people, but he was optimistic about the future and frankly the future of the Ohio site,” DeWine said.
Steve Stivers, the President of the Ohio Chamber of Commerce released a statement saying: “Despite changes to the timeline, we remain confident in the long-term vision and impact of this transformational project. Intel’s investment in Ohio represents a generational opportunity to strengthen our state’s economy, workforce and global competitiveness. The Ohio Chamber will continue working with policymakers and partners to ensure our state remains a national leader in advanced manufacturing and innovation.”
Kenny McDonald the president and CEO of Columbus One also released a statement which reads: “Timelines in complex manufacturing can shift, but the strategic necessity doesn’t. Our state and local partners signed on for the long haul because bringing next-generation semiconductors home is mission-critical for U.S. competitiveness and security.”
Carrie Ghose, a senior reporter at Columbus Business First, has been following the Intel project for years.
“There's supposed to be 7,000 construction jobs at that site before they even create 3,000 jobs for inside the fabs. They completed a lot of construction already. They started building the office portion vertical and you could see in January that there's a first level of the fabs going up. So it's not something that they can really walk away from,” Ghose said.
We know Intel has laid off 15% of its workforce and Intel's earnings have fallen behind their competitors.
Ghose said a lot of questions still remain.
“We do know that Intel had started hiring for Ohio, training those people in Arizona and Oregon. We don't know what's going to happen to those people. Are they caught up in this latest round of layoffs that was announced?" Ghose said.
The governor said he hopes to meet Intel's new CEO in person in the coming months to discuss the Ohio project.
In a statement to NBC4, Sen. Jon Husted said he spoke with Intel.
"They reiterated to me that they are committed to Ohio," he said. "For our economic and national security, the fundamental premise hasn't changed: We need to make chips in America."
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