Tough economic conditions could slow expansion at Google Inc.’s server farm in the North Carolina foothills, the company said in declining a sliver of a $260 million state incentive package.
The Silicon Valley Internet giant never finalized a deal by which it would recoup up to $4.8 million in state taxes if it met job-creation and other targets at the Lenoir facility. In a letter Thursday, a company attorney told a state incentives committee that it no longer wants the money or the commitments that would go with it.
Google never received any of the money under the 12-year Job Development Investment Grant.
While Google “remains pleased and committed to its Lenoir operations,” economic conditions make it too difficult to be sure the $600 million data center complex will expand as fast as previously thought, the letter said…
Tags: Google
