New Albany Contractors: Intel's $28B Fab Is the Largest Private Investment in Ohio History, Are Your Rental Invoices Under Control?
Intel Ohio One is a $28 billion semiconductor fabrication mega-project being built by Bechtel on a 1,000-acre site in Licking County. It's the largest private-sector investment in Ohio history, and it's creating unprecedented demand for heavy equipment rentals. Crawler cranes, tower cranes, excavators, boom lifts, generators, the rental bills on a project this size run into the millions monthly. TrueRent shows contractors on the Intel build exactly where United Rentals, Sunbelt, Ohio CAT, and EquipmentShare are charging above market.
With $28B in investment and Bechtel running the show, Intel Ohio One is consuming every available piece of heavy equipment in central Ohio. That demand spike gives rental companies pricing power, and they're using it. Environmental fees, fuel surcharges, damage waivers, and delivery charges can inflate your invoice 15-30% beyond the quoted rate. On a project where rental spend can exceed $2M/month, even a 5% overcharge means $100K+ walking out the door annually.
Intel Ohio One ($28B investment)
Two advanced semiconductor fabrication facilities (Fab 1 & Fab 2) on a 1,000-acre mega-site in Licking County. The largest private-sector investment in Ohio history. Part of Intel's broader plan for up to 8 fabs on the site, potentially exceeding $100B total investment.
Vendors we benchmark
- United Rentals
- Sunbelt Rentals
- Herc Rentals
- Ohio CAT
- EquipmentShare
- Maxim Crane Works