Deals for easing the global chip shortage | Preventing brain drain

NORTH CAROLINA—The rush to fill the global chip shortage rages on. According to the Triangle Business Journal, a U.S. semiconductor company is scouting a location in North Carolina’s Chatham County. If it happens, the project could have a capital investment of $40 billion or more and bring up to 10,000 jobs.

COLUMBUS, OH—In what could be the largest economic development project in Ohio state history, nearly 3,200 acres northeast of Columbus will become a massive Intel computer chip factory. It will be a 10-year development project, backed by federal money.

ANN ARBOR, MI—The Michigan Cyber Patriot program introduces youngsters to cyber security with the goal that they will eventually fill a desperate need for cyber security pros, not only for general business, but also for Detroit’s auto industry.

INDIANAPOLIS, IN—Indiana’s top two public research universities—Indiana University and Purdue University—are joining forces to keep more graduates in the state and fill the Hoosier talent pipeline with highly skilled workers. Both Purdue and IU have made major contributions already to contribute to the “brain gain” in the state, including their engagement in the state’s Regional Economic Acceleration and Development Initiative, or READI.