After a week of speculation and wild guesses, the mysterious company behind the $700 million data centerin Iowa is...Microsoft.
"Project Mountain" is an expansion of Microsoft’s existing data center in West Des Moines, pushing the company’s investment in the region to the $1 billion range, says Debi Durham, director of the state agency in charge of economic development. The Iowa Economic Development Authority board approved $20 million in tax credits for the project. The company already employs around 50 people in Iowa and plans to add at least 24 more for the new data center.
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