Economy

Apple to build computer data center in North Carolina

Apple will come to North Carolina, investing $1 billion in a computer data center over nine years.

Gov. Beverly Perdue announced the expansion this afternoon after signing legislation that will cut the California company’s tax bill in North Carolina by about $46 million over a decade. Legislators moved rapidly last month to approve the measure, which changes the way corporate income taxes are calculated for a capital-intensive business like Apple. It is expected to be the only company that will benefit.

“North Carolina continues to be a prime location for growing and expanding global technology companies,” Perdue wrote in a statement. “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.”

The data center is expected to have at least 50 full-time employees, although another 250 contractors could be employed to manage security, landscaping and heating and air conditioning systems. Including construction jobs, the presence of the facility could put a total of 3,000 people to work, according to Department of Commerce estimates.

Read the complete story at newsobserver.com

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