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Apr 12, 2001
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Apple's plans for a $1 billion server farm in North Carolina has been officially announced.
:“This opportunity is… fabulous,” Catawba County Economic Development President Scott Millar said at a joint meeting of county commissioners and Maiden town council. “We went after it very hard.”
In order to attract Apple to the location, North Carolina offered a $46 million tax break over the next 10 years. Negotiations over the data center have been ongoing since September. The benefits to the local economy include 50 full time jobs, 250 indirect jobs, as well as an impact of up to 3,000 jobs in related industries.

The location will involve the construction of a 500,000 square foot building and is expected to be completed in 2010. The exact usage for the location has not been revealed. While Apple makes the bulk of its income through hardware sales, the company has increasingly been positioning itself as a services company that may require large server farms to support.

Article Link: Apple to Build $1 Billion Server Farm in NC
 
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 3_0 like Mac OS X; en-us) AppleWebKit/528.18 (KHTML, like Gecko) Version/4.0 Mobile/7A341 Safari/528.16)

Yeah, but now it's confirmed
 
Wife's brother went to bid on the construction of the site, but looks like someone undercut their bid. Oh well, that's business.



Good luck NC.
 
Re: Server Farm in NC

I live in the area and hoping Apple can twist AT&T into finally putting 3G service in the area.
 
I would love to get Apple TV when there is more HD Content available. Then it would be a more worthwhile investment.
 
I would love to get Apple TV when there is more HD Content available. Then it would be a more worthwhile investment.

Do you mean "more 5 Mbps 720p 'HD' content", or "more HD content"?

Until downloads increase the bit rate and quality, I'll stick with OTA and BD.
 
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 3_0 like Mac OS X; en-us) AppleWebKit/528.18 (KHTML, like Gecko) Version/4.0 Mobile/7A341 Safari/528.16)

Yeah, but now it's confirmed

And it's a really slow news day ... anyway, I'd rather read about how apple's stock is falling than a post about something that was announced 6 months ago ( and FYI it was official even back then ).
 
Congratulations, North Carolina! Now that Apple has landed that sweet deal on their taxes for 10 years, who's going to pick up that slack, pay for all those unlisted expenses ... you know, the ones to pay for the police, pay to fix the roads, the schools? Who's going to fork over all those taxes Apple would have otherwise paid? That's right ... YOU are! I hope it's worth it. :cool:

Oh, and who wants to bet they'll pull the plug on this server farm in 2020 - looking for someone else to kiss their Apple?
 
Tax Dollars at Work

North Carolina taxpayers are quite literally paying all of Apple's labor costs for this data center for 10 years. A $46 million tax break over 10 years is equal to $92,000 per year per direct employee.

That seems like an awfully poor return on investment for taxpayers.

Also bear in mind that Apple doesn't actually need the $46 million. Apple has a couple tens of billions sitting in the bank already. It is an extremely profitable company.
 
North Carolina taxpayers are quite literally paying all of Apple's labor costs for this data center for 10 years. A $46 million tax break over 10 years is equal to $92,000 per year per direct employee.

That seems like an awfully poor return on investment for taxpayers.

Also bear in mind that Apple doesn't actually need the $46 million. Apple has a couple tens of billions sitting in the bank already. It is an extremely profitable company.
A lot of us NC taxpayers are pretty pissed off about this whole thing, actually. Our state has become (in)famous for throwing vast sums of taxpayer dollars at companies like Google and Dell and getting very little in return -- certainly not enough to make up for our "investment". And the jobs at the Maiden facility will almost certainly all be low-paying technician jobs.
 
I guess the bulk of the jobs are in the construction. But any job is quite welcome right now.
 
Taxes

Correct me if I'm wrong, but if the state government is giving them a tax break, how is that costing the state money? They are just reducing the amount of tax Apple will pay, in order to entice them to NC.

Unless the server farm places more strain on the NC infrastructure than the balance of the tax bill, then the state is still ahead.

We have a similar situation in my city, the mayor gave a large corporation a tax break to convince them to build a facility out near the city line, rather than in another city. The construction of this facility will cost the city no money, and create jobs, yet people complain about it, I don't understand.
 
North Carolina taxpayers are quite literally paying all of Apple's labor costs for this data center for 10 years. A $46 million tax break over 10 years is equal to $92,000 per year per direct employee.

That seems like an awfully poor return on investment for taxpayers.

Also bear in mind that Apple doesn't actually need the $46 million. Apple has a couple tens of billions sitting in the bank already. It is an extremely profitable company.

Obviously you have never been to this part of NC. 10 years from now an entire High Tech Microcosm will occupy what is currently nothing.

This is how the world works. NC Taxpayers are not investors unless NC sells bonds to back the cuts. I have read nothing on this.

Kudos to NC. They put up one hell of a fight. :apple:
 
A lot of us NC taxpayers are pretty pissed off about this whole thing, actually. Our state has become (in)famous for throwing vast sums of taxpayer dollars at companies like Google and Dell and getting very little in return -- certainly not enough to make up for our "investment". And the jobs at the Maiden facility will almost certainly all be low-paying technician jobs.

Ah yes, I see. You're the type who prefers the low paying Chinese, or Malaysian Tech Jobs?

Wake up. This is your future without a post graduate or preferably a doctoral degree. :apple:
 
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