Ohio Promised $2.1 Billion in Incentives to Lure Chipmaker Intel
- Intel chose Ohio site for its new $20 billion chip-making hub
- Subsidy package exceeds what Samsung, Amazon received
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The state of Ohio and its private economic development group offered Intel Corp. $2.1 billion in incentives to lure the chipmaker to the state, winning a national competition for the employer.
The chip-maker announced last week that it will invest $20 billion to construct two fabrication plants on a 1,000-acre site in New Albany, near Columbus.