Intel

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

Ken Apacki, of Granville, is starting with 24 monitors that will establish a baseline for the air quality before Intel's chip plant and other manufacturers come online.

The tech giant confirmed this week that it is halting early-stage projects on rural land it owns in central Ohio's Licking County, outside of Columbus, and will reserve two of the three sites for farmland.

Leaders in Mansfield have long been working on improvements and development in the city, and now, they say they're prepared to fully reap the benefits of development in Central Ohio.

Reuters cited a report in The Information, an online tech site. Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, would take a 20% stake in the new company.

In a statement to WOSU, Intel said it remains "fully committed to Ohio and the Silicone Heartland project." The project is estimated to cost around $28 billion.

Lip-Bu Tan will begin serving as the company's CEO, effective March 18, according to a news release.

The federal law, signed by former President Joe Biden in August 2022, included billions of dollars to bring semiconductor manufacturing back from overseas to sites in Ohio and other states.

The chip manufacturer said it had invested $3.7 billion through last year, and is committed to spending another $3.2 billion in work that is already underway in a letter to the Ohio Department of Development.

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.