Intel

State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion New Albany project in Licking County.

Mansfield, and other cities within commuting distance of the planned Licking County Intel plant, are preparing for growth after a long period of decline.

When Intel broke ground less than three years ago, the chipmaker said it could be online by 2025, but that goal for the Ohio semiconductor plants is again shifting.

When Intel released its latest quarterly earnings in August, CEO Pat Gelsinger said the tech giant would cut costs and broadly restructure following the gloomy quarter.

The state has already disbursed $600 million in onshoring grants to the tech giant for its central Ohio venture.

The White House started workforce hubs in Arizona, Ohio, Georgia, Pennsylvania and Maryland to help identify training programs.

Intel submitted an application for CHIPS funding, and more than a dozen members of Congress from Ohio are urging the government to select Intel as part of the program.

Intel's chip-making plants are expected to shake up the housing market in central Ohio. The region can take lessons from eastern Ohio, which saw rising rents during its shale development boom.

Intel's $20 billion investment is the biggest in Ohio history. Construction is expected to be finished by the end of 2025, with an average wage of $135,000.

The Corporate Religious Equity, Diversity and Inclusion (REDI) Index uses ten measures to determine a company's ranking.