Latest
Recommended
Published: Fri, August 25, 2017
Economy | By Melissa Porter

Iowa lands Apple data center

Iowa lands Apple data center

The Des Moines Register reported Thursday that Apple's been given about $207 million in local and state tax incentives. "This investment in our state is vital as we continue to develop as a technology hub and grow our workforce".

Apple said 550 construction and operations jobs will be created by the project, which the company estimated at $1.3 billion.

"For the past 20 months, Apple has been searching for the ideal location, and I am so proud to say that they found it right here in Iowa", Gov. Kim Reynolds said Thursday. Cupertino will also contribute about $100 million to local community development and infrastructure, including a youth sports campus. "This puts Iowa on the world stage".

"Every day they make it possible for Apple users to send tens of billions of messages, to save more than a billion photos, and to place tens of millions of Facetime video calls", Cook said. The company plans to build a $1.3 billion facility in Waukee, which is about 20 minutes outside the state's capital.

In Iowa, Apple is expected to start construction early next year, and the center should be up and running by 2020.

"It's always unfortunate that we always focus on 'well, it's just 50 jobs, ' because we're really not impacting what this really means and how this is really changing the knowledge economy in Iowa", Durham said.

Reynolds credited Iowa's productive workforce, central location, infrastructure and lead role as a provider of low-priced renewable energy as key factors in Apple's decision to join other tech giants such as Facebook, Google and Microsoft to build data centers in Iowa.

The decision was lauded by Iowa Governor Kim Reynolds, a Republican.

The 400,000-square-foot data center will "strengthen the relationships" in Iowa, where 30 Apple suppliers, including 3M and Qorvo, already operate, Cook said.

As the Iowa Economic Development Authority board is considering tax subsidies for the project, it was under the obligation of releasing Apple's plans to the public. The company will receive a $19.65 million investment tax credit for creating 50 jobs.

Like this: