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Apple To Build $1.3 Billion Iowa Data Center, Get $208 Million In Incentives
Published on August 24, 2017 at 04:40PM
CEO Tim Cook said on Thursday that Apple will invest at least $1.3 billion in the first phase of an Iowa data center project. The data center will be built near Waukee, Iowa, creating 50 permanent jobs with more than 550 jobs supported by construction, Apple said in a statement. CNBC reports: “Apple is going to continue to invest in that future, for Waukee, for Iowa and for America,” Cook said. It will get $208 million in state and local tax benefits, according to The Associated Press. “Apple has been searching for the perfect location and I am so proud to say that they found it right here in Iowa,” Iowa Gov. Kim Reynolds said, noting the state’s educated workforce, stable climate and low-cost, renewable energy. “Iowa workers give companies a leg up at the start…. it is just a blessing to be in the heartland of America.” 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.
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