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Steve Stivers, CEO of the Ohio Chamber of Commerce, spoke with WOSU and said Wednesday is a good day for Ohio after the federal government released billions of dollars for chip manufacturing facilities in New Albany and other states.
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The amount is less than the $8.5 billion in direct funding President Joe Biden announced in March for the Intel project in New Albany and three other states.
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Business & EconomyThe $420 million center will be built on Beech Road and employ 30 people.
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President Joe Biden's administration made the announcement as construction continues on the $20 billion New Albany plant.
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Under the agreement, Amazon gets 15 years of 100% tax breaks and an additional 15 years of a 75% discount on taxes. But the company does have to pay the city at least $352,000 a year with that price increasing over time.
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The $20 billion Intel Corporation computer chip manufacturing facility just south of Johnstown has forced planners, consultants, city, township, county and state officials to all look into their crystal ball and predict future transportation needs.
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A look inside the incentive package given to Intel that convinced it to put a semiconductor chip production center here in Ohio.
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Business & EconomySeveral sources tell the Ohio Public Radio Statehouse News Bureau that Intel will build a $1 billion semiconductor chip plant near New Albany, with an official announcement expected on January 21.
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A new bio-tech related manufacturing plant in Central Ohio expects to create more than 400 new jobs.
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Construction on Facebook's billion-dollar campus in New Albany is being put on hold after racist graffiti was discovered at the site. All construction…