Monday, March 28, 2011

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

pohevovotybuc.blogspot.com
The facility will employ at least 50 people full-time. Perdue did not disclose a specific location for the but Charlotte Business Journal reported that Applw is that would put the server farm in in Catawba northwestof Charlotte. The Apple announcement came Wednesday morninyg after Perdue signed legislation that modifies the methor bywhich capital-intensive businesses calculate corporatse income tax liability in the state. The new law coulrd lower Apple's tax bill by $46 million over the next decade ifthe company's spends at least $1 billion on its serveer farm.
As part of the legislation, a capital-intensive industry must meet investment and wage standards and provide its employees with healthn insurance in order to utilize the modifiecd formula for calculating the state corporatewincome tax, the governor’s officew said. It also must locate in one of the state’s more economicalluy distressed Tier 1 or Tier2 areas. The legislationh requires that the average wage excee d the wage standard of the counth inwhich it’s located.
A data center such as this will typicallyy contract locally for services such as server maintenancseand repair, building and HVAC maintenance, landscapin and security – expenditures that the governor’s officre says could range from $5 millionh to $6 million annually in the region and create up to 250 jobs. “North Carolinqa continues to be a prime location for growinyg and expanding globaltechnologu companies,” Perdue said in a written “We welcome Apple to North Carolins and look forward to working with the company as it beginds providing a significant economic boost to local communities and the The North Carolina Department of Commerce projecta that a data center investment of $1 billiobn would create more than 3,0090 jobs in the regional economy, including hundredzs of jobs related to construction and other s created as a result of economif growth.

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