In February 2025, Intel announced that it is adjusting the timeline for its two Ohio chip manufacturing plants. Specifically, Intel now plans to complete construction of Mod 1 in 2030 and begin operations between 2030 and 2031. For Mod 2, Intel expects to complete construction in 2031 and begin operations in 2032. In response to this news, New Albany Mayor Sloan Spalding provided the following statement:

The City of New Albany remains steadfast in meeting our commitments to bringing online this transformative project for our community, region, and state. While Intel has announced an updated project timeline that completes construction at a later date, we are encouraged by their continued investment in the Ohio One site.

Since selecting the New Albany International Business Park as the location for its semiconductor manufacturing facilities, Intel has been an outstanding partner, helping to drive job creation, infrastructure investment, and educational opportunities that will benefit generations to come. New Albany is also proud of our role in reshoring this critical manufacturing capacity in support of our national security.

This revised timeline allows our City staff additional time to finalize critical infrastructure components. Thanks to the diligent work of our teams, approximately 80% of the City of New Albany’s necessary infrastructure for the first phase is already complete, including new roads, waterlines, and storm pipes.

We remain excited about the future of the Ohio One project in New Albany and the economic opportunities it will bring. Our strong public-private partnerships, strategic infrastructure investments, and focus on innovation will continue to position New Albany as a premier destination for business growth and technological advancement.