Current:Home > FinanceSurpassing Quant Think Tank Center|Facebook parent Meta picks Indiana for a new $800 million data center -×
Surpassing Quant Think Tank Center|Facebook parent Meta picks Indiana for a new $800 million data center
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-08 23:04:18
JEFFERSONVILLE,Surpassing Quant Think Tank Center Ind. (AP) — Facebook parent Meta Platforms Inc. announced plans Thursday to build an $800 million data center in southern Indiana that’s expected to create 100 long-term, high-paying jobs when it’s operational and several hundred other jobs during construction.
Work will begin this month on the nearly 700,000-square-foot (65,032-square-meter) data center at the River Ridge Commerce Center in Jeffersonville, Meta said. Jeffersonville is an Ohio River city located just north of Louisville, Kentucky.
The Indiana Economic Development Corp. has committed to granting Meta a 35-year sales tax exemption for the data center, among other performance-based project incentives.
The project is expected to be operational in 2026, the company said. During peak construction, it’s expected to support 1,250 construction jobs.
Gov. Eric Holcomb, who attended Thursday’s announcement at the business park, said it was “a great day for Indiana and for our southeast region.”
The Jeffersonville center will become Meta’s 18th data center in the U.S. and its 22nd worldwide, helping power Facebook, Messenger, Instagram and WhatsApp, Meta said in a news release.
“We are thrilled to make Indiana and Jeffersonville our new home,” said Brad Davis, Meta’s director of data center community and economic development.
veryGood! (242)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Atlanta Braves' Ronald Acuña Jr., 2023 NL MVP, out for season with torn ACL
- Patricia Richardson says 'Home Improvement' ended over Tim Allen pay gap
- Wisconsin judge to hear union lawsuit against collective bargaining restrictions
- Why members of two of EPA's influential science advisory committees were let go
- $15 Big Macs: As inflation drives up fast food prices, map shows how they differ nationwide
- Kaapo Kakko back in lineup for Rangers, taking spot of injured Jimmy Vesey
- Cannes Film Festival awards exotic dancer drama 'Anora' top prize
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- AIPC: This Time, Generative AI Is Personal
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Massachusetts man arrested after stabbing attack in AMC theater, McDonald's injured 6 people
- Taylor Swift and Travis Kelce's Romantic Dates Prove They're on a Winning Streak
- What retail stores are open Memorial Day 2024? Hours for Target, Home Depot, IKEA and more
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Brad Pitt and Angelina Jolie's 15-Year-Old Daughter Credited as Vivienne Jolie in Broadway Playbill
- Walmart ends credit card partnership with Capital One: What to know
- China has threatened trade with some countries after feuds. They’re calling ‘the firm’ for help
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Christopher Bell prevails at NASCAR's rain-shortened Coca-Cola 600
For American clergy, the burdens of their calling increasingly threaten mental well-being
Mother pushes 2-year-old girl to safety just before fatal crash at Michigan drag race
Why members of two of EPA's influential science advisory committees were let go
Bethenny Frankel calls fashion brand ‘elitist’ after being denied entry to Chicago store
Kyle Larson hopes 'it’s not the last opportunity I have to try the Double'
Cpl. Jessica Ellis died in Iraq helping others. Her father remembers his daughter and the ultimate sacrifices military women make on Memorial Day.