this post was submitted on 13 Jun 2024
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Intel will be paying people to build and work at the factory. Highly skilled labor that can't be shipped overseas easily. It will also likely bring other companies to the area because of access to those highly skilled workers. The state will likely make more a lot more back in taxes and economic growth than the cost of the transports.
Intel also works with local community colleges to offer semiconductor specific training to be a manufacturing technician, and it's not a huge jump to be a maintenance/repair tech or jump to IT within the fab and in my experience all those roles from technician to IT pay fairly good wages high 20's to mid 30's/hr and up depending on experience.
Yup.
Without checking, I'm betting that Ohio gave them incredibly tax breaks that are nearly without end, meaning none of the money goes back into the local economy whatsoever
My states done it so many times now, and we don't have income tax, so none of the money goes back into the local economy on the executive side, only on the workers side, putting all the issues it causes on workers! Woo!
I hope truckers, pilot car drivers and dispatchers will be making crazy money off this parade as well. Ohio exists, might as well make the best of it. XD