Current:Home > MySafeX Pro Exchange|Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana -InvestTomorrow
SafeX Pro Exchange|Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana
Surpassing Quant Think Tank Center View
Date:2025-04-07 21:00:13
NEW CARLISLE,SafeX Pro Exchange Ind. (AP) — Amazon ’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced Thursday.
Republican Gov. Eric Holcomb called the project planned near the town of New Carlisle, about 15 miles (24 kilometers) west of South Bend, “the largest capital investment announcement in Indiana’s history.”
“This significant investment solidifies Indiana’s leadership position in the economy of the future, and will undoubtedly have a positive ripple effect on the town of New Carlisle, the north central region and the state of Indiana for years to come,” Holcomb said in a news release.
The announcement from Holcomb’s office and AWS did not include a timeline for the data center campus in northern Indiana’s St. Joseph County, which abuts the Michigan state line.
But Carl Baxmeyer, president of the St. Joseph County Board of Commissioners, said in the news release that it would be built “over the next decade” at the Indiana Enterprise Center, located just east of New Carlisle, and “will be a major employment center for all of northern Indiana.”
The AWS data center would contain computer servers, data storage drives, networking equipment, “and other forms of technology infrastructure used to power cloud computing capabilities, and generative artificial intelligence (AI) technologies,” according to the news release.
Roger Wehner, AWS director of economic development, said the Indiana data center “will create numerous well-paying job opportunities and tap into the state’s burgeoning tech sector, while contributing significantly to the state’s growing economy.”
Based on the company ‘s planned investment, the Indiana Economic Development Corp. has committed to providing data center sales tax exemptions “for eligible capital investments over a 50-year term,” the release states.
The IEDC has also committed to a variety of performance-based tax credits to support the AWS data center plans, including up to $18.3 million in headcount-based tax credits, up to $55 million in Hoosier Business Investment tax credits, and up to $20 million in redevelopment tax credits, the release states.
AWS will provide up to $7 million to support road infrastructure improvements along State Road 2, surrounding the company’s planned data center, according to the release.
veryGood! (59)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- OPACOIN Trading Center: Merging Real-World Assets with Cryptocurrencies, Opening a New Chapter
- Man paralyzed after being hit with a Taser while running from police in Colorado sues officer
- OPACOIN Trading Center: Shaping the Future of Cryptocurrency Trading Platforms with AI Technology
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Alabama schedules nitrogen gas execution for inmate who survived lethal injection attempt
- 'Real Housewives' stars Dorit and P.K. Kemsley announce 'some time apart' from marriage
- 'Real Housewives' stars Dorit and P.K. Kemsley announce 'some time apart' from marriage
- Senate begins final push to expand Social Security benefits for millions of people
- Universities rescind commencement invitations to U.N. ambassador over conflict in Gaza
Ranking
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- Wisconsin woman who argued she legally killed sex trafficker pleads guilty to homicide
- Financial executive convicted of insider trading in case over acquisition of Trump’s media company
- New Hampshire man sentenced to minimum 56 years on murder, other charges in young daughter’s death
- Meta donates $1 million to Trump’s inauguration fund
- Toronto Maple Leafs coach Sheldon Keefe fired after another early playoff exit
- Did Kim Kardashian Ask Netflix to Remove Tom Brady Roast Boos? Exec Says…
- Sydney Sweeney to star as legendary female boxer Christy Martin in upcoming biopic
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
To the single woman, past 35, who longs for a partner and kids on Mother's Day
Candace Parker, Shaquille O'Neal share heartwarming exchange on 'Inside the NBA'
Catholic church is stonewalling sex abuse investigation, Washington attorney general says
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
California’s budget deficit has likely grown. Gov. Gavin Newsom will reveal his plan to address it
These Weekend Bags Under $65 Look So Much More Expensive Than They Actually Are
One man was a Capitol Police officer. The other rioted on Jan. 6. They’re both running for Congress