Iowa, Neb. competing for $1.2 billion data center

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February 9th, 2012 by Ric Hanson

DES MOINES, Iowa (AP) – A state economic development official says Iowa is competing with Nebraska to attract a $1.2 billion data center.  Debi Durham, director of the state Partnership for Economic Progress, says Thursday she can’t name the company due to a confidentiality agreement. But she said it’s not Google, Microsoft or IBM, all of which already have operations in Iowa.
 
Durham says the company is considering two locations in Iowa and one in Nebraska. She expects the Iowa Economic Development Authority Board to hear the plan and consider incentives to attract the business at a March meeting.

Iowa has a law aimed at attracting high-tech projects that includes a potential sales tax break on electricity used at those operations. Nebraska is considering similar legislation.  The company hopes to begin construction in May.