|
|
Article: United States: Apple To Build Massive Data Center In North Carolina.
- Article from:
- TendersInfo
- Article date:
- June 6, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: sanjayV03
Apple plans to build a $1 billion data center in North Carolina, which comes as welcome news for a state thats been particularly hard-hit by the economic downturn.
To help make Apples decision easier, the North Carolina government altered its state corporate income tax structure to give tax breaks to companies that have a significant amount of payroll in the state but dont have a corresponding amount of sales. Apple will reportedly qualify for up to $46 million in tax breaks over the next decade.
The data center is expected to provide a much-needed shot in the arm for the ailing North Carolina economy. In addition to providing ...