Goodbye to the Days of the ‘Rust Belt’

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Goodbye to the Days of the ‘Rust Belt’
France Dernières Nouvelles,France Actualités
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Essay: After years of unsung efforts to revive the fortunes of America’s industrial heartland, Intel’s new chip factory in Ohio is a sign of rebirth

This past week Intel announced that it will build its new, $20 billion state-of-the-art chip plant near Columbus, Ohio. The company says that the location could eventually expand into a $100 billion complex with as many as eight fabrication facilities. As Intel CEO Pat Gelsinger put it, “We helped to establish the Silicon Valley, now we’re going to do the Silicon Heartland.”

The plan points to a broader shift away from the country’s predominantly bicoastal tech economy, anchored in the San Francisco Bay area and along the Amtrak Acela corridor between Boston and Washington, D.C. It is distinct from the pandemic-induced shifts of people with transportable high-tech and service jobs to places with more affordable housing and outdoor space—such as Sunbelt cities and rural “zoom towns” like Jackson Hole, Wyo., Bozeman, Mont.

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