Facebook to Invest $1 Billion in Virginia
Facebook will build its next data center in Henrico County, which is just outside Richmond, reports CNN Money, which added that “Facebook plans to invest $1 billion in the state in all. The company is putting $750 million into construction and $250 million to multiple solar facilities that will power the data center.”
“Working with Facebook and many others, we are advancing Virginia’s position as a global leader in the technology economy,” Virginia Governor Terry McAuliffe said at an event announcing the decision.
The investment is expected to create 100 full-time jobs, stated CNN Money, which added that “Facebook will receive about $19 million in state tax exemptions through 2035, according to the Virginia Economic Development Partnership.
“Facebook already has data centers in Oregon, North Carolina and Iowa. Centers in Fort Worth, Texas; Los Lunas, New Mexico; and New Albany, Ohio are currently under construction.”
