Friday, July 2, 2010

Microsoft Opening Data Center near Des Moines - $4 Million Capital Outlay Per Job

Microsoft is moving forward now with a $100 million data center near Des Moines, which will create 25 ongoing jobs. Data centers are known to be very light on new job creation outside of construction.

At $4 million per permanent job, this is about a quarter of most modern manufacturing plants, which are coming in around $1 million of capital expenditures per recurring job. But it's also about ten times more labor-intensive than a wind farm, where it typically takes about $30-$40 million in capital to produce a single job.

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