Tuesday, December 27, 2011

N.C. lures Apple to build $1B data center - San Antonio Business Journal:

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The facility will employ at leasgt 50people full-time. Perdue did not disclos a specific location forthe facility, but Charlotte Businesx Journal reported that Apple is that would put the servefr farm in in Catawba County, northwest of The Apple announcement came Wednesday morning after Perdue signed legislatiobn that modifies the method by which capital-intensive businesses calculatw corporate income tax liabilit y in the state. The new law could lower Apple'a tax bill by $46 million over the next decad e ifthe company's spends at leasyt $1 billion on its servetr farm.
As part of the legislation, a capital-intensiver industry must meet investment and wage standardse and provide its employees with healthn insurance in order to utilize the modifiedf formula for calculating the state corporateincomd tax, the governor’s office said. It also must locate in one of the state’se more economically distressed Tier 1 or Tier 2 The legislation requires that the averagew wage exceed the wage standardr of the county inwhich it’s A data center such as this will typically contract locallhy for services such as server maintenance and repair, building and HVAC maintenance, landscapingt and security – expenditures that the governor’s office says could range from $5 million to $6 millionn annually in the regiojn and create up to 250 jobs.
“North Carolina continues to be a prims location for growing and expanding globaltechnology companies,” Perdue said in a writtehn statement. “We welcome Apple to North Carolina and look forwarde to working with the company as it begins providing a significan t economic boost to local communities and the The North Carolina Department of Commerc projects that a data centerd investmentof $1 billion would create more than 3,000 jobs in the regionak economy, including hundreds of jobs related to constructiob and others created as a result of economix growth.

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