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The Independent UK
The Independent UK
National
Via AP news wire

Ohio lured Intel's chip plant with $2B incentive package

Copyright 2022 The Associated Press. All rights reserved

Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest

The state's development director said Friday that the combination of tax breaks and incentives are likely the largest ever offered by Ohio for what state leaders say is the biggest largest economic development deal in its history.

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