County helps finance advanced data center in Fairless
Hills
FAIRLESS HILLS The county has approved $2 million in
financing and loan guarantees to help launch a new advanced data center in
Fairless Hills that will support the cloud-based storage and large computer
networks used by companies along the East Coast.
The center, Keystone NAP, opened last year and will be
the first of its kind in the Northeastern United States. It already has $20
million in private backing. Located at the Keystone Industrial Port Complex,
the former site of U.S. Steel, the center is expected to create 100 high-wage
jobs.
"Keystone NAP will bridge a crucial technology gap
on the East Coast," said Robert G. Loughery, chairman of the Bucks County
Commissioners.
"This investment of $2 million in public funds will
not only leverage nearly $20 million in private funding but will light up the
entire KIPC complex and beyond with the unparalleled network connectivity of an
advanced data center," he added.
Source: Philly.com
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