Photo Provided U.S. Sen Sherrod Brown, D-Ohio, discusses the CHIPS Act of 2022 as Intel prepares to come to Ohio. He compared the development to what Henry Ford was to Detroit.

COLUMBUS — At the end of July, the U.S. House of Representatives voted 243-187 to subsidize Intel’s move to New Albany, Ohio, which was announced earlier this year, and Sen. Sherrod Brown held a conference call with Ohio media Friday to discuss that and other issues.

The legislation is called the CHIPS Act, and the package is reportedly worth $280 billion with $52 billion earmarked for grants, as well as other incentives for the semi-conductor industry.

“That would provide more than $52 billion in grants and other incentives for the semiconductor industry as well as a 25% tax credit for those companies that invest in chip plants in the U.S.,” according to a July 28 article at Cleveland.com.

Brown, D-Ohio, said Friday that Intel and the House’s move to subsidize would create thousands of jobs, which would therefore trickle down to supply chain jobs and spread throughout Ohio.

“It’s been a great week for Ohio,” Brown began. “First we had the CHIPS Act that will create thousands, literally tens of thousands of jobs directly in Ohio …”

Brown was told that Intel coming to Ohio would be what Henry Ford was to Detroit. He continued by saying this move would be crucial to supply chains, disruptions of which he said have given rise to inflation around the world.

As far as other states piggybacking off of Ohio, he said Intel is making a major investment in the state, tens of billions of dollars.

“But it will be thousands of other jobs as the supply chain begins to form to feed, if you will, to feed into Intel,” Brown said. “Intel’s on track to begin its investments. We will see good-paying, union construction jobs and good pay, I hope … in manufacturing.”

When asked what Intel would mean for areas like southeast Ohio, he said he had no doubt it would mean jobs throughout the entire state.

“… They have such a huge imprint, such a huge footprint that these companies need a number of companies to serve to build the supply chain and to send them component manufacturing and consulting fees and all the things that will happen,” Brown explained.

“By looking at other states, I’m confident that all of Ohio will benefit from that, from this investment, and it wouldn’t have happened without the federal, without our getting that bill through Congress.”

Brown said and expects President Joe Biden to sign the bill this week.

According to the Cleveland.com article, Intel had said it would be coming regardless if the bill passed or not. The plant would cost $20 billion to build and employ 7,000 temporary workers with 3,000 being permanent.