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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.
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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.
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The Corporate Religious Equity, Diversity and Inclusion (REDI) Index uses ten measures to determine a company's ranking.
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President Joe Biden will join Gov. Mike DeWine and other Ohio leaders for Friday's ceremonial groundbreaking of what is expected to be the single largest private sector investment in state history.
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Ohio's largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers in an already booming building environment when there's also a national shortage of people working in the trades.
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The company delayed a groundbreaking ceremony in Licking County due to inaction from Congress. Intel CEO Pat Gelsinger hopes Congress will pass the bill before the legislature recess in August.
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Elected officials laud the coming development as a huge win for the Buckeye State. But what will this plant do, why is it so important, and what impact will it have on Ohio's economy? And what did the state offer Intel to make the deal happen?
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But Intel officials say the package that was offered put Ohio at the top of a list of 40 states vying for the project.
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Up until now, Ohio didn't have any chip factories. These two will employ 3,000 workers with an average salary of $135,000.