Printed from http://www.electronista.com

Apple gets 15-year tax exemption for Oregon datacenter

updated 05:50 pm EDT, Fri April 20, 2012

Apple's Prineville, Oregon plant gets tax break

Apple has reached an agreement with the town of Prineville and Crook County in return for the placement of its Oregon datacenter. The deal will give Apple a 15-year property tax exemption. In return, it will have to invest $250 million in its 160 acres of land and promise at least 35 jobs at 150 percent higher than the county average.

Government in the area will additionally get a $150,000 yearly "project fee." Apple had already paid $5.6 million for the property itself.

The datacenter will be the second high profile one for Apple of its kind, following the building in Maiden, North Carolina. Like its existing counterpart, the Prineville location would be taking advantage both of the lower costs of a rural location as well as the option of potentially cheap, more eco-friendly power. Apple will likely draw on hydroelectric energy like similar server centers established in the area by Dell, Microsoft, and Yahoo.

Apple's servers are increasingly necessary as it makes iCloud, Siri, and remote streaming the cornerstones of its strategy.



By Electronista Staff
toggle

Comments

  1. facebook_

    Via Facebook

    Joined: Apr 2012

    +2

    I usually hate companies who get tax exemptions

    At least the town and county gave Apple a few demands in exchange for a tax break. I wonder if a few good local jobs, land improvements, and a yearly check will make up for the lost tax revenue. Sounds like both sides got a good deal for once.

  1. David Esrati

    Fresh-Faced Recruit

    Joined: Jun 1999

    0

    Obscene

    In 15 years, the data center will be worth next to nothing- and the town, will still be struggling- while the Worlds most valuable company- sitting on tons of cash- pays their top management ungodly sums- while the kids in that community still don't have laptops in schools.
    It's time to end all corporate welfare in this country.
    We have to stop coddling the companies that already buy our politicians if we ever want to be competitive again.

  1. Rapscallion

    Fresh-Faced Recruit

    Joined: Mar 2004

    0

    Not as bad...

    This isn't as bad as your local Walmart getting 18 years tax free.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Moshi iVisor AG and XT for iPad Air 2

Have you ever tried to put in a screen protector that relies on static to cling to the screen? How many bubbles and wrinkles does it h ...

Epson PowerLite Home Cinema 3500 projector

Trying to find the perfect projector for a home theater can be tricky, as there are bountiful options on the market from a large numbe ...

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

Advertisement

toggle

Most Commented

 
toggle

Popular News