Ivey: Facebook to invest $750 million in north Alabama

Source: Pixabay / MGN

HUNTSVILLE, Ala. (WTOK) - Alabama Gov. Kay Ivey says Facebook will invest $750 million to build a data center in Huntsville.

The official announcement was made Thursday afternoon during a ceremony at the Huntsville/Madison County Chamber.

“Every day, millions of people around the world use Facebook’s products, and this new Alabama data center will soon play a role in keeping the company’s popular platforms running flawlessly,” Ivey said. “Facebook has found a great location in Sweet Home Alabama, and we’ll do our best to help the company grow and prosper here.”

According to a news release from the governor's office, once construction is complete, the data center will employ approximately 100 people with an average annual salary of $80,000.

“We are excited to be joining the Huntsville community. As one of the fastest growing tech hubs in the country, we knew it would be a great location for our newest data center,” said Matt VanderZanden, director of site selection at Facebook. “We are committed to having a positive impact at the local level and look forward to a strong partnership with the Huntsville community.”

The governor's office says to facilitate the project, Facebook will receive an investment credit under the Alabama Jobs Act with an estimated value of $86.25 million, over 10 years. Total new revenue over thirty years from the center is estimated to be $297.3 million that will be divided between the state, county and city.

The company said it chose Alabama and the Huntsville area because of quality of life, a pro-business environment, and a talented and available workforce.