Bucks helps finance advanced data center
BUCKS COUNTY 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.
BUCKS COUNTY
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.
- Ben Finley