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Apple announces billion dollar investment in Nevada data center

July 25, 2024 | Nevada Governor's Office of Economic Development, Governor , Constitutional Entities/Officers, Organizations, Executive, Nevada



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Apple announces billion dollar investment in Nevada data center
The Nevada Governor's Office of Economic Development held a significant meeting on July 25, 2024, focusing on economic growth and development initiatives in the state. A key highlight was the discussion surrounding Apple's expansion plans for its data center in Reno, which is set to involve a substantial investment of $1 billion over the next decade.

During the meeting, representatives from Apple emphasized their commitment to sustainable growth and community engagement. Rod Dhiradhan, Apple's Director of State and Local Government Affairs, noted that since establishing operations in Nevada in 2012, the company has invested over $3 billion in its data center, significantly exceeding initial commitments. This expansion is expected to enhance operational efficiency and attract further investments in the region.

Apple's data center operates on 100% renewable energy, powered by four solar projects developed in partnership with NDE Energy. The company has also achieved certifications in water stewardship and zero waste, showcasing its dedication to environmental sustainability. Dhiradhan highlighted Apple's ongoing contributions to local organizations, including the Food Bank of Northern Nevada and the Children's Cabinet, reinforcing the company's commitment to supporting the community.

In addition to Apple's plans, the meeting addressed workforce development efforts. Local recruitment and partnerships with the University of Nevada, Las Vegas, were discussed as strategies to fill open positions, with a focus on hiring locally to bolster the regional economy.

The board unanimously approved the tax abatement application for Apple, signaling strong support for the company's expansion and its potential positive impact on Nevada's economy. The meeting concluded with a commitment to continue fostering partnerships that promote economic development and sustainability in the state.

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