Intel Issues First Ohio Progress Report on $1.5 Billion Facilities

Intel’s first required progress report shows a $1.5 billion expenditure and another $3 billion committed to what Ohio officials call the largest single private-sector investment in state history.

The report, submitted to the Ohio Department of Development, is part of $2 billion in incentives for the two planned microchip manufacturing facilities in Licking County, including taxpayer-funded grants and tax incentives.

Read the full story