Archive for April, 2024

Intel granted billions from CHIPS Act

The U.S. Department of Commerce awarded $8.5 billion in direct funding to Intel for commercial semiconductor projects under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act.

The New Albany Intel project is the largest private project in the history of Ohio. The job will be done under a National Construction Agreement and will create over 7,000 union construction jobs for Sheet Metal Workers Local 24 and other building trades unions. Continue reading →