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Economic development director tells council of roughly $2 billion in contracted investment; targets food, computer manufacturing
Summary
Adrian with the Economic Development Corporation told council the city had contractually committed about $2 billion in investment over the past year and said the EDC is pursuing food-and-beverage and computer/component manufacturers; he addressed data-center water and power concerns.
Adrian, representing the local Economic Development Corporation, told the city council the EDC saw strong activity in site selection and investment this year and presented early targets for the coming fiscal year.
"This past year, we contractually committed about $2,000,000,000 of investment," Adrian said, reporting the figure to the board. He told council the EDC has line-of-sight to roughly $800 million to $1 billion in potential investment currently under…
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