Intel Corporation is building in Ohio, the United States so-called "the largest silicon chip manufacturing base on earth", will need 7,000 workers. However, labor shortages affecting the construction industry may make it difficult to recruit the workers it needs. At the same time, industry competition for workers could slow the pace of housing construction in the region, the support Intel factories need to attract a growing workforce.
It's important to point out that Intel's factory building project won't require all 7,000 workers to be in place at once, and that number may be a fraction of the number of workers needed to build the complex around Intel's factories. Construction of Intel's chip factories is expected to accelerate as U.S. President Biden signed the Chip and Science Act, which provides $52 billion in funding for semiconductor companies such as Intel. The initial investment of Intel's Ohio factory is $20 billion, and the final investment will be as much as $100 billion.
Given the current state of the construction industry, Intel's factory project could face some setbacks. Earlier this year, the American Association of Builders and Contractors (ABC), which represents non-unionized construction workers, said the industry would need to attract 650,000 workers to meet labor demand.
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