During the State of the Union address Tuesday, President Joe Biden touted Intel’s plan to take over 1,000 acres of empty land 20 miles east of Columbus and build a $20 billion semiconductor mega site.
WASHINGTON — During the State of the Union address on Tuesday night, President Joe Biden touted Intel’s plan to take over 1,000 acres of empty land 20 miles east of Columbus and build a $20 billion semiconductor mega site.
In January, when the Intel project was announced, Ohio Gov. Mike DeWine called it the largest single private sector company investment in Ohio’s history. The mega project, which could balloon to $100 billion within the next decade, is expected to employ 3,000 people, earning an average salary of $135,000 a year.
Biden spoke about inflation that’s affecting the country and Ohioans at home, from the grocery store shelves to the gas pump. He argued that the way to fight inflation is to re-imagine and redefine the Rust Belt by having more infrastructure and innovation in the states, which he said would drive down costs by boosting manufacturing.
“I think I have a better idea to fight inflation. Lower your cost, not your wages. That means make more cars and semiconductors in America," Biden said.Biden also talked about how his administration is providing job training and debt-free medical care to veterans who need care after serving. He pledged to find out more about the hidden dangers that troops face, like the burn pits that were in Afghanistan and Iraq.
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