Feeds

Apple confirms $1bn data center

Reverse manifest destiny

Seven Steps to Software Security

Apple will build its first data center on America's east coast now that North Carolina agreed to massive tax breaks designed to lure the company.

The same day NC governor Beverly Perdue signed a lucrative corporate incentives deal into law, Apple confirmed it is browsing locations within the state for a new $1bn data center.

"We welcome Apple to North Carolina and look forward to working with the company as it begins providing a significant economic boost to local communities and the state," Perdue said in a statement.

The incentive law requires that Apple set up shop in one of North Carolina's poorest counties. An Apple spokesman told the Charlotte Observer, it expects construction to begin right away once it acquires land in a suitably destitute area.

The legislation also calls for a company to provide workers with health insurance, pay certain wages, and invest $1bn within nine years.

In return, Apple gets tax breaks worth about $46m over the next decade. Opponents of North Carolina's new tax incentive law say the legislation authorizes a separate tax formula favoring one specific corporation over existing firms within the state.

Apple's East-coast foray will employ at least 50 people full-time according to the company, although Perdue's office said it could generate 250 jobs providing services like repair, building, landscaping and security.

"During these tough economic times, it's important to make the investments that create jobs in areas that need the most," stated Perdue. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
UK's emergency data slurp: IT giants panicked over 'legal uncertainty'
PM says rushed-through DRIP law will 'plug holes' in existing legislation
Report: UK.gov wants to legislate on comms data BEFORE next election
Ministerial alarm sets in over EU court's data retention ruling
IBM's $3bn bet on next-gen computers: Carbon nanotubes, neuro chips
Big Blue exec tells El Reg what to keep an eye on
Google Ventures opens new fund in London
El Reg has a new neighbour. So. Who's for a game of knock, knock, Ginger?
Microsoft wants to lure biz users with fondleable Windows 8.1 'Apportals'
Custom Start Screens lump enterprise apps and data in one place
Tesla trademark spat threatens Musk's China dream
Wheels will come off electric motor biz if Chinese bloke wins court fight
Another Samsung supplier fingered in new 'child labor' probe
South Korean giant says it can't find evidence of wrongdoing
Bloodied Samsung's profits down 25% as it clings to mobe crown
How will it ever survive on $7.1bn operating profit?
How to make $7,000 a month and benefits: Be a teen tech INTERN
Youth flown out to meet Facebook's youth-in-chief
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximizing your infrastructure through virtualization
Virtualization continues to be one of the most effective ways to consolidate, reduce cost, and make data centers more efficient.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.