CB Richard Ellis: Megawatts vs. Millions: The Role of Incentives in Data Center Location Decisions
North Carolina and Oklahoma are among roughly 12 states that offer data center-specific tax and incentive programs, according to a CB Richard Ellis (CBRE) study.
2/22/2011
But approximately 12 states have incentives just for data centers. North Carolina reduces sales taxes on equipment to 1 percent (down from the usual 5.75 percent) until 2015. And Oklahoma offers full sales tax exemption on equipment for qualified data centers. This exemption currently has no expiration.
States also use taxes to attract data centers. Full exemptions of certain taxes are offered by Kansas, Iowa, Illinois, Ohio, North Dakota, South Dakota, Minnesota, New York, New Jersey, and Delaware.
Project Announcements
Blue Buffalo Expands Richmond, Indiana, Production Complex
03/24/2023
Schrödinger Expands New York, New York, Research Operations
03/23/2023
Cirba Solutions Plans Richland County, South Carolina, Lithium-ion Battery Materials Campus
03/23/2023
Albemarle Corporation Plans Chester County, South Carolina, Lithium Hydroxide Processing Plant
03/23/2023
Tillamook County Creamery Association Plans Decatur, Illinois, Ice Cream Manufacturing Plant
03/23/2023
ENTEK Plans Terre Haute, Indiana, ‘Wet-Process’ Lithium-ion Battery Plant
03/23/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023