List Your Equipment For Free  /  Seller Login

Study: Facebook Data Center Could Net $2B in Economic Impact

Mon February 20, 2017 - National Edition
Construction Equipment Guide


A study done by a consulting firm for the village of Los Lunas estimates nearly $2 billion in fiscal and economic impacts from Facebook's new data center over 10 years.

The Albuquerque Journal reported the study by California-based David Taussig & Associates came out in December, more than a month after Facebook broke ground.

The study focused on whether the project was expected to generate enough revenues for Los Lunas to offset funding provided through the state Local Economic Development Act.

The study didn't address the cost of water rights or additional infrastructure needed for the data center.

Among the findings, the consultants said if Facebook ends up constructing a total of six buildings, the state could see more than $21 million in revenue for the general fund over a decade.—AP




Today's top stories

Construction Industry Optimistically Preparing for New Year Ahead

CFX Oversees $412M SR429 Expansion in Florida

Capital Express Central Project Ramps Up in Texas

VIDEO: NCDOT Plans Major Road Upgrades in Wilmington Over Next Several Years

DEVELON Set to Exhibit at ARA Show 2025

Des Moines Airport Works With Weitz/Turner On Expansion

Ring Power Lift Trucks Partners With Hiab to Bring MOFFETT Truck-Mounted Forklifts to Florida Customers

Earthborne Demo Day Draws Crowd Despite Downpour


 







39.95234 \\ -75.16379 \\ Fort Washington \\ PA