Intel is claiming the “largest silicon manufacturing location on the planet” in Ohio, and it will require 7,000 workers to build, according to a report from The Associated Press, However, labor shortages affecting the construction industry can make it difficult to recruit the workers needed for the $20 billion job, and competition for workers may slow home construction in the region, which Necessary to support the growing workforce, which is Intel’s plant. should attract.
Intel first announced the Ohio project in January of this year and is on track to begin construction in late 2022. Once finished, the 1,000-acre site will house two factories, or fabs, and employ at least 3,000 people. But there are plans to invest $100 billion in the project in the future, expanding the site to 2,000 acres, and eventually building a total of eight fabs, not just two. Actual chip production is not expected until 2025.
as noted by The Associated PressIntel’s project will not require 7,000 workers all at once, and that number may be only a fraction of the workers needed to build the complexes that To surround Intel factory. This includes a 500-acre business park built by VanTrust Real Estate dedicated to Intel’s suppliers.
Building chip factories is expected to pick up pace now that President Joe Biden has signed the Chips and Science Act, which provides semiconductor companies like Intel with $52 billion in funding. In June, Intel delayed its groundbreaking ceremony for the new chip plant to persuade Congress to pass the law. At the time, Intel said that the “scope and speed” of its project depended on funding from the Chips Act.
Intel’s project may face some setbacks due to the current state of the construction industry. Earlier this year, Associated Builders and Contractors (ABC), a group that represents construction workers who are not in a union, said the industry needed to attract 650,000 workers to meet demand for labor. Will be In July, the National Roofing Contractors Association reported a 20.3 percent increase in construction material prices from May to June, when compared to the same time last year, a nationwide construction supply crunch isn’t helping anything.