SACRAMENTO, CA – Today Intel, who is headquartered in Santa Clara, CA, officially announced that it chose Ohio for its $20 billion chip manufacturing plant instead of Sacramento, CA. The plant will create 3,000 jobs and has the potential to grow to a $100 billion investment with eight total fabrication plants.
Newsom’s harsh regulations and strict policies towards businesses are once again to blame for a major company moving their manufacturing out of California. That $20 billion investment and those 3,000 jobs should have gone to Californians but Newsom’s chokehold over the economy prevented one of the largest investments the state could have seen this year. Other states continue to lure away our jobs, our manufacturing and our tech companies, along with the revenue they generate.
“This is yet another example of how Newsom’s policies are driving out business, revenue and entire industries from California,” says Trimino.
15 hours ago