Intel Inside Ohio: The Big Deal Behind The Big Deal
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In January 2021, Intel announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio, to boost onshore production of advanced semiconductors as part of the company’s IDM 2.0 strategy. Intel also pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.
This investment reflects a wider trend around the world of companies and countries seeking to return more manufacturing onshore, in order to improve supply chain resilience and - in some cases - to improve domestic employment prospects. There are, however, significant challenges too, including the prospective upward pressure on local house prices, and displacement of local workers who do not have the requisite skills for the jobs on offer.
In this special episode, we'll explore questions such as:
We're delighted to be joined by special guest Carolyn Harding, Community Organizer, Producer and Host of GrassRoot Ohio, and 2022 Democratic candidate for Ohio House Representative.
We'll be joined by our regular Green Jobs team:
We'll also be joined by your regular co-hosts Paul Herman (HIP Investor) and Nigel Lake (Pottinger).
As always, this episode will be live and interactive, with a particular focus on practical actions that businesses, governments and individuals can take -- and the economic and ecological benefits of doing so.
In January 2021, Intel announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio, to boost onshore production of advanced semiconductors as part of the company’s IDM 2.0 strategy. Intel also pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.
This investment reflects a wider trend around the world of companies and countries seeking to return more manufacturing onshore, in order to improve supply chain resilience and - in some cases - to improve domestic employment prospects. There are, however, significant challenges too, including the prospective upward pressure on local house prices, and displacement of local workers who do not have the requisite skills for the jobs on offer.
In this special episode, we'll explore questions such as:
- Can Intel ensure energy and water sustainability?
- Will this create new opportunity for local workers, or displace communities?
- Does this deliver good value for the taxpayer?
We're delighted to be joined by special guest Carolyn Harding, Community Organizer, Producer and Host of GrassRoot Ohio, and 2022 Democratic candidate for Ohio House Representative.
We'll be joined by our regular Green Jobs team:
- Dr. Fadhel Kaboub, Associate Professor of Economics at Denison University, and President of the Global Institute for Sustainable Prosperity
- Dr. Scott Fullwiler, Associate Professor in Economics, University of Missouri at Kansas City
- Amir Khaleghi, PhD candidate in Economics, University of Missouri at Kansas City
We'll also be joined by your regular co-hosts Paul Herman (HIP Investor) and Nigel Lake (Pottinger).
As always, this episode will be live and interactive, with a particular focus on practical actions that businesses, governments and individuals can take -- and the economic and ecological benefits of doing so.