DES MOINES, Iowa (AP) - Iowa economic development officials are approving tax credits for Facebook to build a $300 million data center in Altoona and increasing incentives for Google that allows it to expand in Council Bluffs.
Both projects are before an Iowa Economic Development Authority board meeting Tuesday.
The board's due diligence committee has approved $18 million in tax credits for the Facebook project to be built near Interstate 80 in Altoona, a Des Moines suburb. The full board is considering the project, which will create 31 jobs.
Kearney, Neb., also sought the project.
Google has a $600 million data center in Council Bluffs and is building another. It's increased the cost to $700 million from the original $300 million. The state is increasing tax credits offered to $16.8 million from under $10 million.
- Walker hopes federal government shutdown can be avoided
- Baldwin encourages Perdue to visit Wisconsin dairy farmers
- Bills to fight homelessness in Wisconsin up for vote
- Proposal would allow homemade baked goods sales in Wisconsin
- Wisconsin dairy farms face closure due to Canadian policies
- Walker says he has 'no interest' in higher vehicle fees
- Excessive use of technology among youth raising concerns
- CSAs connecting fresh produce to consumers
- La Crosse 12-year-old to clean up skate park with community help
- Thousands honored in La Crosse for volunteering