3 ms·
Does anyone know why Intel select Ohio over Oregon or Arizona? I tried to Google for it, but the sources are awful and nothing definitive. Intel has been quit
by throwaway2037 2y ago
Does anyone know why Intel select Ohio over Oregon or Arizona? I tried to Google for it, but the sources are awful and nothing definitive. Intel has been quite tight-lipped about it. I saw this quote, which seems to be hiding something: <<"I want to give a lot of credit to the governor and lieutenant governor. They pursued us very aggressively," he [Intel CEO Gelsinger] said.>> What exactly is meant by "pursued us very aggressively"? I can only guess.
- mindcrime 2y ago> What exactly is meant by "pursued us very aggressively"? You can pretty much bet it means "economic development" incentives of some sort, combined with a fair amount of personal glad-handing. Intel probably got all sorts of tax-breaks, credits, grants, and FSM-knows what-else as part of the deal to pick Ohio. And the Governor and others probably took Intel execs to plenty of nice steak-houses, strip-joints, exclusive parties, yadda, yadda, yadda.
- CoastalCoder 2y agoI hope Pat Gelsinger has more integrity than that, but who knows.
- justin66 2y agoYou could have a pretty bleak outlook on government-corporate graft and corruption and still recognize how ridiculous the idea of Mike DeWine and Pat Gelsinger in a strip club is.
- tonetegeatinst 2y agoPerhaps they were bribed using high purity sand or the governor "gifted" some high purity silicon ingots? Unrealistic but it would be histerical to imagine sand or ingot bribery
- mindcrime 2y agostill recognize how ridiculous the idea of Mike DeWine and Pat Gelsinger in a strip club is. I'm not literally claiming that we can state with certainty that Mike DeWine or Pat Gelsinger went to a strip club. That's just an example to illustrate a more general point.
- justin66 2y agoI don't think you really illustrated anything. (but don't get me wrong, the image Mike DeWine and Pat Gelsinger in a strip club is extremely funny) Ohio politicians are rather more expensive than your comment implies. If one wants to dig into how actual corruption of this sort works in Ohio during its current GOP supermajority era, they ought to start here: https://en.wikipedia.org/wiki/Ohio_nuclear_bribery_scandal https://en.wikipedia.org/wiki/Ohio_nuclear_bribery_scandal
- fennecfoxy 2y agoThat's not what I'm worried about at least. I don't care if they go to a strip club, I care that their salaries are like $20m...for WHAT? WHAT? And we're just sitting here, voting stupidly, focussing on pointless race, gender, sexuality, immigration wars when they're taking everything from us. Sure CEOs have a role to play, but the job they do isn't worth anywhere near as much as they get paid and they have ZERO responsibility to run a company correctly.
- istjohn 2y agoWell Gov. Mike Dewine and the Ohio Republican lawmakers aren't above a little graft: > The Ohio nuclear bribery scandal (2020) is a political scandal in Ohio involving allegations that electric utility company FirstEnergy paid roughly $60 million to Generation Now, a 501(c)(4) organization purportedly controlled by Speaker of the Ohio House of Representatives Larry Householder in exchange for passing a $1.3 billion bailout for the nuclear power operator. ... > In July 2019, the House passed House Bill 6, which increased electricity rates and provided that money as a $150 million per year subsidy for the Perry and Davis–Besse nuclear plants, subsidized coal-fired power plants, and reduced subsidies for renewable energy and energy efficiency. Governor Mike DeWine signed the bill the day it passed.[0] 0. https://en.m.wikipedia.org/wiki/Ohio_nuclear_bribery_scandal https://en.m.wikipedia.org/wiki/Ohio_nuclear_bribery_scandal
- osnium123 2y agoIntel is also expanding in Arizona and Oregon. The benefit of going to a third state is that you get two more Senators rooting for you and helping out with tax breaks. In addition, there are a lot of course excellent universities in the region to recruit from. Ohio also has water and is seismically stable.
- bsder 2y agoAFRL is also nearby in Ohio.
- gostsamo 2y agoTax incentives, usually. Add to it government cooperation through sped up permits and the like.
- bregma 2y agoWhat happens on the back 9 stays on the back 9, I'm afraid.
- bee_rider 2y agoOregon has gotten a little pricy lately, right? I wonder if Ohio is in a sweet spot—low property values but still not far from the Megalopolis in the grand scheme of things.
- snypher 2y agoOregon is relatively close to the Pacific coast...
- hindsightbias 2y ago"The state government is providing incentives in three chunks: a $600 million reshoring grant that reflects the higher cost of building these factories in America; $691 million in infrastructure improvements; and $650 million over 30 years in state income tax incentives based on the number of workers Intel hires." Plus 15 congressmen, 2 senators are going to want their part of the Federal rain money. https://www.dispatch.com/story/business/manufacturing/2024/03/22/intel-tax-breaks-how-much-is-chip-maker-getting-to-build-in-ohio/73052432007/# https://www.dispatch.com/story/business/manufacturing/2024/0...
- throwaway2037 2y agoThat's it! Hat tip for this source.
- mikey_p 2y agoThis area of Ohio has been exploding lately, and within a few miles of the Intel site, are AWS, Google and Meta data centers. Microsoft just bought 200 acres within a stones throw of the new Intel campus as well, possibly for an Azure DC. Not sure how all that relates, but it sure is messing with housing prices in the area. https://www.datacenterdynamics.com/en/news/microsoft-buys-200-acres-in-new-albany-for-data-center-development/ https://www.datacenterdynamics.com/en/news/microsoft-buys-20...
- brcmthrowaway 2y agoNo water in Arizona, Oregon has the ocean